Next BTC Bottom at $12k, and Here is Why!

[J0E]

I predict the BTC to bottom around $12k - $15k during the next bear market. Why? Simply because history repeats itself!

Here are some, not so fun memories to help you keep things in perspective:

1ST CYCLE
April 2013 --> BTC Price: $1,240 at CYCLE's ATH
January 2015 --> BTC Price: $200 bottom
That correlates to an ~83% drop in price.

2ND CYCLE
December 2017 --> BTC Price: $19,800 at CYCLE's ATH
December 2018 --> BTC Price: $3,300 bottom
That correlates to another ~83% drop in price.

CURRENT CYCLE
November, 2021 --> BTC Price: $69,100 Current ATH
Next bottom if history repeats itself --> ~$12,000

Could history repeat itself? Probably yes!

Moral of the story: If you never take profits off the table, you're never going to have enough liquidity to catch the dips.

I cashed out the majority of my profits and have my buy orders for BTC spread down between $20k - $12k.

Flame me all you want =)

Maybe someone will thank me for a year, two, or three from now! xD

And of course, DYOR! This is not financial advice.

 

[dalama]

Your argument is akin to the following.

I always brush my teeth in the morning.

But last day of April I brushed my teeth at night.

And last day of June I also brushed my teeth at night.

And last day of October I also happened to brush my teeth at night.

So in the last day of any of the following months till end of 2022, I will definitely brush my teeth at night.

 

[im.King]

History Repeat itself and Thats true even Be ready for Wicks because wicks can Liquidated Trader upto $5000 to

 

[Guru_UA]

Thanks for the forecast! I'll buy for 12000 (if I live long enough)))

 

[J0E]

Your argument is akin to the following.

I always brush my teeth in the morning.

But last day of April I brushed my teeth at night.

And last day of June I also brushed my teeth at night.

And last day of October I also happened to brush my teeth at night.

So in the last day of any of the following months till end of 2022, I will definitely brush my teeth at night.

I have no idea how this correlates to what I just posted.

Nevertheless, please brush your teeth daily!

 

[AlexanderTheGreat]

 

[Evander]

That logic just blew my mind
If you pass an exam, you don’t have to take the next one because "history repeat itself"

 

[jimmy deeny]

I surely invest some bucks in BTC if its comes to 12k$

 

[phoenix9]

Nazi will rule Europe again.

Because... History repeats itself.

 

[Awoken]

reasoning 3.0

 

[alurosu]

Nazi will rule Europe again.

Because... History repeats itself.

Close, but this time in western China. Do a quick google about Uyghurs.

I predict the BTC to bottom around $12k - $15k during the next bear market.

This means you think it will go over $100k per BTC. That checks out, right?

...

If we peaked at $69k then we can see BTC reach a low point of $7k. Keep that in mind

 

[zionbar]

i wish ure right would love to buy btc at 12K

 

[easybit]

I think this guy posted this for the lols...

But I do believe that this correction will be insane because the banks are more involved in crypto than ever before. THey can work together with billions of assets to screw the price because they have the accountants that can make turn a profit in downturn.

Your hypothesis ignores the drop in March of 2020!

It's still "us vs them".... Hold the line, never back out of crypto completely.

Does google penalize sites that link to/from BHW?

 

[J0E]

This means you think it will go over $100k per BTC. That's how math checks out, right?

...

If we peaked at $69k then we can see BTC reach a low point of $7k. Keep that in mind

An 83% drop from $69k = ~$12k

i wish ure right would love to buy btc at 12K

I personally have my BTC buy orders martingale-spread between $20k - $12k. I am aware that history might not precisely repeat itself especially since a lot of institutional money is involved atm.

Nevertheless, I still strongly believe that we will visit sub $20k levels with the bottom anywhere between $12k - $15k.

I think this guy posted this for the lols...

But I do believe that this correction will be insane because the banks are more involved in crypto than ever before. THey can work together with billions of assets to screw the price because they have the accountants that can make turn a profit in downturn.

Your hypothesis ignores the drop in March of 2020!

It's still "us vs them".... Hold the line, never back out of crypto completely.

Does google penalize sites that link to/from BHW?

Definitely not posting this for the LOLs.

 

[alurosu]

An 83% drop from $69k = ~$12k

Fair enough, but a difference between -83% and -90% is not that big.

 

[reddogred]

Damn, I don't think we will see it go that low, but the amount of buying if it ever did dip that low would be through the roof. We can only hope. I know for sure Id be looking to secure myself some at those prices.

 

[MgicalaEarner]

SELLLL SELLLLLLLLLLLLLLLLLL

 

[leechesBleechin]

Why stop at 12k, lets get this mfer to 10$ again

 

[onlinemarketer12]

And of course, DYOR! This is not financial advice.

If everyone mentions this at top, it can save us a lot of time.

 

[im.King]

Why stop at 12k, lets get this mfer to 10$ again

Its Because These are Fib Levels and Liquidity Area where Market Most Likely to Puch to

Major Support Area

$42000
$34000
$28500
$23400
$17900

And so Go on hope you get the Idea why $12K or any other Level