Where do you think Bitcoin will drop during the bear market?

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it5_lynxMember
Posts: 52 · Reputation: 190
#1Aug 24, 2023, 03:12 PM
I see a lot of hope here about Bitcoin's price before the bull run ends. Just wondering, what's everyone thinking about the lowest price we might hit during this bear season? I want to avoid DCAing at the peak and then regretting it later. When should we start DCAing for the next halving bull run?
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0x4lphaFull Member
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#2Aug 24, 2023, 06:02 PM
Honestly, we can't figure out the all-time high just yet. It's way too soon for that. Everyone's buzzing about 2025 and how Bitcoin might soar past 108k. If we see signs of a bear market, we can talk about it then. Right now, I doubt Bitcoin drops below 30k.
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#3Aug 24, 2023, 07:33 PM
If Bitcoin hits 150k this year, I’d say DCA when it dips below 100k. Start with 5% at 100k, then 95k, 90k, etc. Just don’t go all in, we can’t predict the lowest point.
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min3r_ninj4Full Member
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#4Aug 25, 2023, 10:03 PM
There’s no solid way to know the high or low for Bitcoin. Predictions are based on current trends and what investors and institutions are feeling. I still think 100k is a decent price to DCA in, since I expect it to go up soon.
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MadChadMember
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#5Aug 26, 2023, 02:32 AM
No exact guess here, but I don't think it'll drop as low as before. Bitcoin seems to be stabilizing a bit. DCAing? Just do it whenever. People do it to avoid the hassle of charts and just focus on accumulating over time. If you believe in BTC long-term, don’t sweat starting from the top.
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its_laserSenior Member
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#6Aug 28, 2023, 04:08 AM
I give it a 10% chance of falling below 10k, and just 1% below 1k by 2025.
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benblockSenior Member
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#7Aug 28, 2023, 09:38 AM
Right? We can’t pinpoint prices, and that’s okay. We should just watch the momentum. A small dip doesn’t mean a bear run is starting; sometimes it’s just a correction. We need to be careful and not panic.
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max365Newbie
Posts: 91 · Reputation: 20
#8Aug 28, 2023, 01:42 PM
Best advice? Don’t expect Bitcoin to go one way or the other. Take your profits when you feel good about them. Don’t get greedy! Many missed selling at 107k, thinking it would keep climbing to 120k. Take what you can and move on.
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#9Aug 28, 2023, 03:08 PM
People keep waiting for a ‘perfect’ entry point, but nobody knows if it’s 30k, 60k, or 90k. Bitcoin moves on its own, driven by institutions and sometimes random tweets. With DCA, you avoid guessing. Just invest steadily and focus on the fundamentals.
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boss777Senior Member
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#10Aug 28, 2023, 06:39 PM
DCA means buying Bitcoin consistently, no matter the price. Waiting for the lowest price could cost you a solid deal. I don’t care about the lowest; I just buy based on my DCA plan. I believe Bitcoin will keep rising.
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coldgweiHero Member
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#11Aug 29, 2023, 12:19 AM
We might not even know the highs before the bull run ends. I think we’re still in the bull phase heading into 2025, so any dip now could just be a correction.
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#12Aug 29, 2023, 01:45 AM
If you’re DCAing, stop worrying about exact prices. Just set your targets and hit them before the next bull run.
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0xN1njaSenior Member
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#13Aug 29, 2023, 03:09 AM
How do you back up those predictions? Bitcoin sits at 90k now. It might drop to 80k or lower if a bear market hits. For those looking to buy back in, DCA is the way to go.
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#14Aug 31, 2023, 11:47 AM
You seem confused about DCA. It means buying regardless of the price. If you’re waiting for tops and bottoms, you’ll probably mess up and lose money.
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#15Aug 31, 2023, 12:45 PM
Lol, the crypto market is a wild ride. No clue if the bull run is really done. Some think it’ll rise again once Trump takes office and acts on his promises for Bitcoin.
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#16Aug 31, 2023, 03:18 PM
If Bitcoin drops below 80k, I think the bull run is over. It could then slide to the 50-60k range. Just stay cautious; never invest what you can’t afford to lose.
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SilentBearFull Member
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#17Aug 31, 2023, 05:29 PM
I get why people say we haven’t seen the true all-time high yet, but who knows when the next bear season is? We could be in it now or still in a bull market.
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#18Aug 31, 2023, 11:41 PM
For me, it doesn’t matter much unless you’re shaky about your investments. I think 60k would be a decent buy if we hit that again, but it’s all too uncertain right now.
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SilentBearFull Member
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#19Sep 1, 2023, 04:40 AM
Sure, Bitcoin usually pulls back 30-50% in a bear market, but this cycle is different. There’s way more institutional support now than before.
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4lpha07Member
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#20Sep 1, 2023, 09:59 AM
I really don’t expect a major price drop. This year feels bullish for Bitcoin. Worrying too much about price can lead to panic selling. I think we’ll see some big gains ahead.
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