Where's Bitcoin's Bottom Before the Next Bounce?

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#1Apr 16, 2022, 06:20 AM
I’m not convinced those recent lows are the bottom for Bitcoin. Feels like we might dip again before we actually bounce back. I’ve got some price targets from my technical analysis.
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boss777Senior Member
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#2Apr 17, 2022, 04:28 AM
Bitcoin’s price is all over the place, right? The global economy is a mess, and every time Trump does something, the market reacts hard. But honestly, it seems like traders are getting used to this chaos. You might be right about a drop, but who knows.
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maxi100Newbie
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#3Apr 17, 2022, 06:17 AM
If you’re trading, finding the right entry point is key. Better entries mean lower risk and a better chance to profit. But let's be real, trading is tough and most people mess up the bottom/top calls.
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0x4lphaFull Member
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#4Apr 17, 2022, 09:48 PM
Let’s see what happens. Bitcoin is still over $80k, and that’s decent support. There’s also support around $78k and $76k. We should keep an eye on those levels. But honestly, I don’t trust speculation much.
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0xRocketMember
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#5Apr 18, 2022, 10:02 AM
I wouldn’t bet on Bitcoin dropping much before a bounce. It just needs a spark to get going again. There’s a lot of positive news coming in, especially from the US. Trump is even pushing for Bitcoin to be a reserve currency. If that happens, we could see some crazy gains.
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fudbusterSenior Member
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#6Apr 18, 2022, 10:23 AM
Watching Bitcoin closely since it broke out over $73k, I see two main support zones around $73k and $67k. I think that’s where we’ll hit bottom before bouncing back again. Remember, that previous ATH was $108k, so we’re due for a move.
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planktonHero Member
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#7Apr 18, 2022, 11:08 AM
Everyone has a different idea of where the bottom is. Some think we’ve seen it at $76k while others point to $72k or even $69k. Honestly, it’s a guessing game. Best plan? Buy at each dip so you don’t miss out.
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f0rk_2014Hero Member
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#8Apr 18, 2022, 02:08 PM
I’m calling it now: $66k is the new bottom. Anything lower seems unlikely. Before Bitcoin hits new highs, we’ve got to see how deep it can go. This might be a great time for new investors to jump in.
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0xByteMember
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#9Apr 18, 2022, 03:28 PM
No one really knows what the bottom price will be. We can make guesses, but that’s it. HODLing seems to be the safest play right now. Selling doesn’t look smart and DCAing is a solid move.
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satoshi_vaultFull Member
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#10Apr 20, 2022, 10:30 PM
True, everything is speculation. But we gotta see how people react to the news. Just take a tweet from Trump... it could shift the market in an instant. Don’t base your trades on tweets though.
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boss420Newbie
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#11Apr 21, 2022, 05:15 AM
Speculative opinions everywhere! Right now Bitcoin is hovering between $80k and $89k. It’s spent a lot of time around $70k, but I doubt it’ll retest that soon. The latest news makes me think we might not see those lows again.
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#12Apr 21, 2022, 07:59 AM
Even pro traders get it wrong. Technical analysis isn’t foolproof. Remember when Bitcoin was at $90k and everyone thought $80k was the bottom? Then it dropped to $78k. Markets do their own thing.
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#13Apr 21, 2022, 08:08 AM
We’re not in a bear market yet, still in bullish territory. I think we could see $150k before things turn bearish. People are optimistic, so I’d say keep an eye on that.
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the_farmMember
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#14Apr 22, 2022, 01:16 AM
That could happen, but when exactly? The market has been unpredictable lately. Just the other day everyone was thinking a surge to $90k was certain... but it didn’t happen.
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shrimpNewbie
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#15Apr 22, 2022, 04:28 AM
Being above $80k doesn’t mean we’re bearish, it’s just a minor correction. We could very well see another big push up, similar to previous rallies. $150k or even more could be achievable this year.
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#16Apr 24, 2022, 02:48 AM
I’m worried about the stock market too. Until that stabilizes, I don’t see crypto catching a break. Here’s hoping for 2025 to bring some better vibes.
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#17Apr 24, 2022, 07:35 AM
Not everyone agrees. Some think we’re still in a dip. The prices we’re seeing now aren’t what we expected before the halving. Price movements have been weird lately.
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lonehashFull Member
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#18Apr 24, 2022, 12:47 PM
I think Bitcoin’s current price won’t drop lower this year. I’m seeing some positive movements, even if they’re small. Big players are still excited about Bitcoin and that could push prices up.
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#19Apr 24, 2022, 02:23 PM
You shared an interesting analysis in your video. It’s possible Bitcoin might spike up after a drop, not before. But it’s anyone’s guess where the price will go.
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#20Apr 27, 2022, 02:03 AM
Finding the bottom is tough. We usually only know what it is after it’s happened. I prefer to set DCA orders on strong supports instead of obsessing over the exact bottom. For me, around $60k looks like a solid place.
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