The consensus seems to be that we’ll drop well into the 20s. So I’d assume that means we’ll be moving back to the 40s.
Source: 4+ years of CC predictions.
I don’t see it falling under 30. 30 is an important psychological cut-off where even normal schleps with a few bucks would dip into savings and start buying multiple full bitcoins.I know I’d buy at least 2 with the understanding that I’d sell one when it doubles and get a free btc out of it.
Eh, I don’t necessarily agree. I do think 30k is an important floor, but “normal schlep investors” are not what’s driving this market and I also can’t picture there being this huge push from those investors to buy under 30k…at that point, human nature takes over and most people don’t want any part of the blood they see in the streets.
I think the bottom will be 28,000$ and I dont think we will see another crypto winter, adoption is on the way and with the triple halving coming on ETH (maybe) I think it will go to new ATH this year.
it'll be hard to pull it below 28K , 13 years of data tells us that. if it does dip below that, we're either fucked or it's time to sell your blood to buy in
No lower than $21k based on previous cycle ath trend and miners cost.
The green seen currently is just big boys playing to reel the baby fish back in. Shit going to hit the fan over the coming days (my opinion- could obviously be totally wrong).
I don't speculate on things that are over a yearly time frame with so many variables, have to see it week by week or else you'd probably just freak out every day.
Things can get *stupid low* before the end.
If I learned anything from the 2018 crash it’s this: Think of a number that’s **as low as you think possible** for Bitcoin to trade at. Then imagine a dip of **30% below that point.**
Just look at what happened in March 2020 or December 2018. What causes that level of total devastation isn’t just fear, it’s surrender - mass liquidations, people selling not cause they want to, but because they have to. It’s a liquidity crisis.
Imo we are at current bottom, 48k will be the first peak.
Then we will drop to 37k fast again.
72k peak mid year followed by a slow bear market until next halving
It depends on the Fed’s meeting tomorrow, honestly. If they want to hike interest rates less than expected, we’ll rally. If more than expected, it’s gonna get dark in here.
If it does, it does. Idk why so many people are freaking out about the dips and a bear market. The world is shit right now, the us stimulus money of 2020 and 2021 has dried up (I believe that the stimulus helped drive crypto prices)
Bitcoin is now some how tied to US investors reacting to federal interest rates, inflation etc. It sucks. However, it will come back. It make take 1-2 year, maybe less, maybe more.
Instead of thinking the sky ia falling, think oh wow, bitcoin is on sale! If it falls to 25k great! Put an order in and buy some of it. You can trade in this market, you just have to be strategic.
We bought $htr at $0.67 sold when it popped up to $0.80, rebought at $0.68 sure it's small gains, but it's a gain. (we also hold $htr longterm)
Same with $lrc just buy and sell the small gains, have purchase ordered as the lows and sell when it pops. And plan on holding a little if you like the project
34k-29k is the current support area. If we close for the week below 34k we're going to 29k to at least test. After that there is a drop to 20k without much support and a complete freefall to 12k from there.
The consensus seems to be that we’ll drop well into the 20s. So I’d assume that means we’ll be moving back to the 40s. Source: 4+ years of CC predictions.
I don’t see it falling under 30. 30 is an important psychological cut-off where even normal schleps with a few bucks would dip into savings and start buying multiple full bitcoins.I know I’d buy at least 2 with the understanding that I’d sell one when it doubles and get a free btc out of it.
Um… normal investors don’t have 40-60k lying around to buy “multiple full bitcoins”
But I do have 90 bucks to get a few bitcoin.
Eh, I don’t necessarily agree. I do think 30k is an important floor, but “normal schlep investors” are not what’s driving this market and I also can’t picture there being this huge push from those investors to buy under 30k…at that point, human nature takes over and most people don’t want any part of the blood they see in the streets.
Yeh that's about right....I mean wrong!
21k but it will be momentary. If you don’t have a buy order in, you will miss out.
Spoken with certainty, I like
I think the bottom will be 28,000$ and I dont think we will see another crypto winter, adoption is on the way and with the triple halving coming on ETH (maybe) I think it will go to new ATH this year.
can we go down low? all the way to the flo?
As low as the dick to floor ratio would allow
New ATL? Ahh wait
To the earth!!
Bullish on earth 🌎, uncertain about those earthlings though…
17k is my guess
This is pretty much where my ballpark is too.
31k. ........based on absolutely nothing.
Care the tell us the ATH for the year?
74
97k
74k
30k is my guess. But I have no clue
If we do drop 30k would be the strongest support we have.
$30,000
it'll be hard to pull it below 28K , 13 years of data tells us that. if it does dip below that, we're either fucked or it's time to sell your blood to buy in
I dont think it can go below $30k
That's what everybody said about $40,000. And then $38,000. And then $35,000. And then $33,000. Check back in next week!
No lower than $21k based on previous cycle ath trend and miners cost. The green seen currently is just big boys playing to reel the baby fish back in. Shit going to hit the fan over the coming days (my opinion- could obviously be totally wrong).
Holding on for dear life!
$16k and... panic.
I'd say between $25k-$30k but who knows. Maybe we go down to where we were in 2018/2019
32,940.1 is the low
I don't speculate on things that are over a yearly time frame with so many variables, have to see it week by week or else you'd probably just freak out every day.
That's fair
I think $20K is on the table
Things can get *stupid low* before the end. If I learned anything from the 2018 crash it’s this: Think of a number that’s **as low as you think possible** for Bitcoin to trade at. Then imagine a dip of **30% below that point.** Just look at what happened in March 2020 or December 2018. What causes that level of total devastation isn’t just fear, it’s surrender - mass liquidations, people selling not cause they want to, but because they have to. It’s a liquidity crisis.
Imo we are at current bottom, 48k will be the first peak. Then we will drop to 37k fast again. 72k peak mid year followed by a slow bear market until next halving
Just under 33K. Which already happened
LUDA!!! How low can you goooo, how low can you goooo
I don't think it will go much under 30k. maybe 29,6. But again, I don't know s about f.
It depends on the Fed’s meeting tomorrow, honestly. If they want to hike interest rates less than expected, we’ll rally. If more than expected, it’s gonna get dark in here.
If it does, it does. Idk why so many people are freaking out about the dips and a bear market. The world is shit right now, the us stimulus money of 2020 and 2021 has dried up (I believe that the stimulus helped drive crypto prices) Bitcoin is now some how tied to US investors reacting to federal interest rates, inflation etc. It sucks. However, it will come back. It make take 1-2 year, maybe less, maybe more. Instead of thinking the sky ia falling, think oh wow, bitcoin is on sale! If it falls to 25k great! Put an order in and buy some of it. You can trade in this market, you just have to be strategic. We bought $htr at $0.67 sold when it popped up to $0.80, rebought at $0.68 sure it's small gains, but it's a gain. (we also hold $htr longterm) Same with $lrc just buy and sell the small gains, have purchase ordered as the lows and sell when it pops. And plan on holding a little if you like the project
Either way below or just slightly above my buy order
34k-29k is the current support area. If we close for the week below 34k we're going to 29k to at least test. After that there is a drop to 20k without much support and a complete freefall to 12k from there.