Crypto Price Prediction

Bitcoin Droppping To $12,000??? [Price Prediction]


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0:00 Today in Bitcoin
00:50 Charts
02:32 Macro
04:33 Final Thoughts

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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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36 Comments

  1. Lol remember when this guy was like buy bitcoin now cuz we’re never going below 50k ever again 😂😂 hilarious dude

  2. 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.

  3. 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

  4. 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.

  5. Just keep your eyes on the dollar index(DXY). Bitcoin will do the opposite of what the dollar index does.

  6. Goldman Sachs also predicted in the bull market for BTC to go to $150k.. Are we really going to trust them this time?

  7. 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.

  8. 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

  9. 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.

  10. 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.

  11. 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.

  12. 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 🎉🎉🎉

  13. 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.

  14. 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.

  15. 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

  16. Do you know that most times having knowledge or insight about a particular activity can be as well be pleasing

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