Quote from: virasog on October 22, 2022, 11:21:39 PM

Quote from: Superdoctor on October 14, 2022, 12:15:12 PM

I agree Bitcoin can go to about $12000 - $15000 downwards. Check out this link for whats going to make it turn to an upward trend again. I think this is the most accurate answer Ive gotten so far
https://www.instagram.com/reel/Cjo7KL3LMxu/?igshid=NDRkN2NkYzU=

Everyone has their own opinion, and no one knows exactly how low bitcoin can go. Usually what the majority of the people thinks, bitcoin never does to that value. I remember that in 2020, when bitcoin reached around 3800$, people were antecipating 1000$ too but it never reached that value.
This time people are looking for 12,000$ to be the ultimate bottom. I think either bitcoin will not reach this value or it may fall even further to 8000$ (which is more unlikely to happen) and make the final bottom for this market.

Going against the crowd that is what I often see in this market, when people predict bitcoin will never go high, it will surprise everyone and vice versa. That's why I think the market is still being manipulated, I believe there are really big shark teams and they are watching what the crowd thinks and what they will do to their advantage. Not only bitcoin but this also happens with other altcoins, like Ethereum, when everyone thinks it will go up in price after the merger and people buy it hoping to be able to make a profit afterward. In the end, the crowd was disappointed and I didn't buy at the time because I didn't like following the crowd.