Can Bitcoin drop to $12,000? BTC price prediction [Crypto News]
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Disclaimer
Everything expressed here is my opinion and not official investment advice – please do your own research before risking your own money. Lark Davis (The Crypto Lark) is not providing you individually tailored investment advice. Nor is The Crypto Lark registered to provide investment advice, is not a financial adviser, and is not a broker-dealer. The material provided is for educational purposes only. The Crypto Lark is not responsible for any gains or losses that result from your cryptocurrency investments. Investing in cryptocurrency involves a high degree of risk and should be considered only by persons who can afford to sustain a loss of their entire investment. Investors should consult their financial adviser before investing in cryptocurrency.
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Once again a big congrats to everyone who bought the bitcoin bottom 4 months ago when oil peaked. If you missed it because of greed for wanting lower prices, and didn't pick up the second chance and 2nd best price now and last week I can't help you when it rallies and leaves you behind in the very soon upcoming US midterms election rally. By then it will be too late to buy unless you want to pay a significant amount more than this level.
Getting Wealthy 101: Do exactly opposite of what the WEF, Worldbank, JP Morgan, Goldman, and billionaires say to do publicly. Remember Goldman and JPM both called for more than 100k bitcoin in 2021. These folks KNOW that the markets will head up with the midterm elections.
12k is the expected bottom for now in the current market. Regulation is far off just like global adoption. Bigger picture sees BTC as the world’s safe asset as banks die off slowly heading towards 2030. For now I think below 10k will happen after we admit the full recession is in play. After this we could see lower numbers as countries team up to bring the collapse of democracy. They will fail, and the newer world will resume with crypto as its denomination.
So I have only recently gotten into cryptocurrency 2 years now first bear market of my life and I so happy to really start investing here I am trying to stack as much btc and eth and good stocks as possible I look at as ya I am red right now but building my portfolio in a bear market will give over sized gains in bull market. It's just dca for me. Hodl. Till I get a bigger portfolio.
More pain to come, I think $12k will happen. I'll be backing the truck up if it does.
If the price falls to $12,000 I will spend all my Tether on Bitcoin.
This was the exact video i needed to watch at this exact time
Buy a crypto loaf of bitcoin bread for 58k.
Told that was the value @ the time, now told the loaf is worth 19k more or less.
Value meaningless when Celsius files for bankruptcy.
Crypto is another media scam. What money left no longer exists. Value is whatever told.
i hope it won't drop that low… just won't stand seeing another huge red candle on bitfinex lol
No.
8500 Summer 2023
Wouldn't mind a 12k bitcoin, but given how many people are so certain of it, I have my doubts. The markets seem to disappoint the extreme bears and bulls. It never got close to 100k. It may not get close to 12k either.
So will it rose again😮
no chance 12k. time for an upturn
Bitcoin ponzi going to 0
Do you know that most times having knowledge or insight about a particular activity can be as well be pleasing
Overpriced at $12k. Under $100 is the target for buy orders
I can definitely see it going to 12k when this bear market is near over however I am expecting another minor rally to about 25k before we get some huge downwards volatility moves
You don’t have to be a rocket scientist to understand that btc can go straight to zero just like Luna terra. Btc has no intrinsic value To buy it even at 12k is sheer stupidity. There is no bottom.
people trying to get 1 bitcoin? why? get hundreds of ethereum or avalanche solana or other layer 1 solutions. you get way better returns and if you dca into it over a long time you be better off than people that just buy dips.
I remember when Bitcoin was around $67K and $47K etc and all these YouTubers were saying no, it won’t drop, it’s going to $100,000 or $500,000 etc. Right now, as Lark says in the video, he’s guilty of being over bullish. Guessing just DCA around this bear market zone and you’ll look really good at some time in the future. But, I think it really is possible for Bitcoin to take another leg down next week and it’s possible it may hit $7,000 so just DCA 🎉🎉🎉
I’m of the contrarian view that when a majority is expecting a price outcome, is precisely when it’s least likely to happen. Crowd think is usually nothing more than wishful thinking of those that missed out and we will never see $12k again.
12k no chance.
Well, if Bitcoin is really going to crash that low, I think I'll wait a bit before putting USDT in it.
Your shirt is LIT dawg.
Meh I'm pessimistic on this entire market. While you positive people are buying "the bottom" i think I'm going to buy the stuff I need for the upcoming Civil Unrest that's going to becoming as a result! A generator/food rations etc is by far going to be more valuable than any cryptos. I'm already hodling on what I have in crypto but I'm sure not dropping any more money in it till goes back up, if it does, to April 2020 levels or beyond.
Think it is time to unsubscribe from all the crypto influencer channels…
It would be good day….then ETH dominance to 10% and after 3-5 years pension awaits.
Hopefuly it will to full my bags and Wait for next Halving
Lark u mentioned ur stable coins which do u use when taking profits?
I think the bottom has already been hit in June. Having said that, I don’t see BTC going up much for the rest of the year. Mid 2023 I’m thinking you’ll see it run up some, but of course I don’t know.
The pound is at it's lowest point from 1985 to the dollar there must be support for at least a relive rally from here
I am starting to believe in two scenarios, either the bottom was $17.5 then the top of the next bull run will be around $90k or that we will go down along with the s&p to $16k and then a highly possible $13.5k which would lead to a bull run target of around $68k (triple top along with 2021 tops) and that would put bitcoin in a multi year bear market.
I’m waiting for $5,000 Bitcoin.
nibbling everytime it breaks below 19K and ready to pick up more at 14!
Goldman Sachs also predicted in the bull market for BTC to go to $150k.. Are we really going to trust them this time?
We may well reach the point of no return if it continues to fall that hard. This is both good and bad because it is not every day you get the opportunity to buy Bitcoin below $15k. People like me with plenty of USDT would approve this move.
$bitcoin hits low around july 2023 · low will be around $6400
There is no man other than Davi
Nope not gonne happen amature
We all knew that bottom is ahead so the price drops don't shock me at all. I'm not one of those who will buy the bottom, I've already put my usdt into it for a higher price.. so I'm gonna be an ordinary hodler till we go up
bottom is in.
We will blow through $17.5K like it's nothing. I see $10,500 by end of October before a year end rally and then down to $7500 BTC next year.
We’re idiots this bear market and geniuses next bull market ! 😂💯
Lol remember when this guy was like buy bitcoin now cuz we’re never going below 50k ever again 😂😂 hilarious dude
Can't wait for 13k Bitcoin! Yay🎉 I want to be a whole-coiner.
its going to below 8k watch!!
Today, BTC up 8%, in just a few hours!
You can't panic now. I use this drop to buy. And I spend most of the USDT on buying Bitcoin for the long term.