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Looking at it now? yeah this is now the Economic FUD effect and the rushing starts to end , so basically in the next couple of weeks we will see the take back and Bitcoin starts recovering from the losses.there are speculation that it may fall down below 15k and even go under 13k but all of this seems to be stopped now as the market is showing strtong return .
I think the prediction is just a prediction, like, at the end of 2021, many predicted the bitcoin price would break through $100k but it didn't. right now, many are predicting the price of bitcoin will drop to $13k but I'm sure it won't happen. the market moves very volatile and wild but as long as there are holders, the price of bitcoin will continue to be maintained and will never go to zero
Predictions rarely work because they are based on scientific theory of probability which is in fact a game of chance and depends on luck rather than skill. During the last quarter of 2021 every prominent crypto analyst was predicting Bitcoin price above $100K but it didnt happen and Bitcoin is now trading around 20K and I am afraid it may go below 20K which will grossly damage crypto market. Having said that, I am still confident that Bitcoin will certainly hit $100K in the long term but not in 2022.
Well there are the TA guys...
But no i don't agree with the predictions.
For me i work with targets and wehn it is met, i take some out of it.