Bitcoin Forum

bitcoin down trend to 3000

the down trend will confirmed under 5800$

https://www.mql5.com/en/charts/8532638/btcusd-d1-ingot-brokers-australia

You prediction is completely unfounded. What makes you think that the trend will go this way?

$600 will decide the fate of Bitcoin. If Bitcoin survives, it will be a speculative asset and Bitcoin's price range will be $600 to $1000

Bitcoin went up from $1 to $10,000 in 9 years (that is super-hyip)

if bitcoin will drop below 6k another group of weak hands will surely follow.. but lets not hope for the worst of market at the end we should all be go together in one goal.. to make it widely spread and use,,

What would you think is that Bitcoin prices will fall below $ 5,800. It will never happen in the future. Twice since the beginning of the year, the price of Bitcoin has dropped to the lowest of 6k3, 6k8, never Bitcoin's price below 6k.

indeed within a few weeks this bitcoin has decreased very sharply, and the possibility to go down again is very big, but in these circumstances we should do is hold a strong coin power, if it will sell it will even add to the loss for yourself , and I strongly believe that this will be over soon, although the slow bitcoin will increase significantly, that's my prediction about this

I see you're still continuing spreading FUD on this forum,and you still have not learned basic things.BTC is start with 0 $,and came to the value of almost 20 000$ at the end of 2017,so where you lost 10 000$?

How you get to 600-1000$ price,do you drink coffee with Warren Buffett maybe or or you have a very vivid imagination?When you write such things then you need to to explain why something can happen,only say 600$ will decide fate of BTC based on nothing is complete nonsense.

the most nervous will come out and we will go up again

Your prediction does not matter and bother me. I am here to support bitcoin and will never believe with the fud.

lol FOOL YOURSELF not us.do you think theres another fool will believe you?were all tired of your kind,whos newbies that will only post once and then gone with their damn idea,stop this sucker bitcoin wont go down under $6000 again,never again lol

  it is not impossible to go under $6000 because of bitcoin really struggling at this moment, hope it will recover a soon as possible to let everyone regain theirs loses.

I do not think the maximum will touch $5k, to reach $3k I think it will be very difficult because bitcoin support at $5k is huge, but for $3k is still possible if a whale sells all his coins at a time. all we need to do is prepare the funds to buy bitcoins at cheap prices, because rest assured in the future bitcoin will rise again.

It’s like a broken disc with repetitive noise about bitcoin decreases from newbies who are obviously speculative and just purely emotion base predictions.. This one of the barricades in bitcoin increases,, fuds and negative news all day long.. I can’t even think if this group is still sleeping because they’re too busy for this..

It is a must to counter such posts to tell them that they are wrong and mistakenly been used in the benefits of others or not,, but because of their greediness..

Op got 2 post and it all for this.. LoL.. Registered today to be a fortune teller..

I'm saying the same, they are just spreading the fud around, nothing else. Since ever I believe they are paid for that, to spam forum with stupid predictions.
I see many similar topics, but what is sad is that just few comments are just like yours, many people still can't recognize truth from lie, good comment from spam, reasonable prediction from fud.
Looks like with 2 posts here on forum anyone can become bitcoin expert. We have merits and all, but forum should forbid newbies to create new topics, there is no other way to stop this kind of spam.
You have merit from me for your comment.

I just checked the current price and it looks like we are still holding around the $6500-$6700 range so I don't know where you get the idea that we are going down as low as $3000. Even if it goes down below $5000, its too much to handle for most traders and I'm sure that most of us will again used that opportunity to stack more bitcoins in our wallet. I just you are another paid schills around, spread FUD without any TA to back it up. People here are fed up with all of us and are not affected anymore. So go find another forum in which to spread your FUD but not here please.

That is just a prediction and the forum is seriously dwelling on insane predictions right now . Every one has different theories regarding the future an price of bitcoin . The main concern right now is what will be the counter effect of  the price if it gets beyond unexpected . Recovering will be hard and panic sell offs will be worsening the situation at that point.

Thanks for the merit even it isn’t necessary,, but appreciated.. I’m much better and relieved making some comments addressing this issue even in many occasions,, it’s funny and the same time makes me crazy on how much does the payment for this single post so I can send my application.. Hahaha..

Sometimes it’s better to just laugh and look at 👀 them after an increases..

If we are as negative as them and no one will defend bitcoin in a Bitcointalk forum,, can we call it the same name..

I will buy your claims. Here we go..

Anything is possible to happened but the question is their "chances" to happened. Under $5,800 is currently closed "but" not that much and as we noticed at this recent bitcoin price movement, including those slight pullbacks on the margin of less than $1,000, we will noticed that we have a strong support at $6,000 level and not even closed to that meaning we can conclude that going under $3,000 like you are saying is having a low chance to happened "for now". Just come to think of it that there are lots of orders even at the current level so how much lower to that.

Well then, if you think that is going to happened then just think like that as you have your own freedom to express your speculation although it's quite annoying if a certain claim has insubstantial backup and support.

I don't want to make assumptions right now but even before this drop from the All Time High we never expected that we will drop below 10,000$ because of what they are calling a "psychological barrier" which a lot of people are proven wrong when it suddenly drop big. And now still a lot of people are arguing that it will never drop below 5,800$ but what is your strong basis this time? Remember with Bitcoin being this volatile and lack of regulation anything can happen to it and dropping below 5,800$ is one of it.

I think that bitcoin is a fairly strong asset and it has a very large community and support from investors, bitcoin will not drop in price by more than 6000 dollars, and this decrease is a natural price adjustment in the market, after which bitcoin will rise in price by conquering new peaks.

Panic can destroy any currency. I do not know what the cost of mining bitcoin but I believe that the price may fall to this level. Bitcoin doesn't want to upgrade. Now it is only a speculative asset. The main task for speculators to reduce the cost to the limit and then sell coins expensive. I doubt the viability of bitcoin unless you change its purpose.

if it can penetrate the support at price of $ 6000 i think it could be deeper price decline, but i think it is difficult to break the support area, so btc price will start up again

Completly baseless prediction. Anyway, this thread not going to change the way how Bitcoin is doing now. Everyone knows that the market is highly volatile and anything can happen here. I support bitcoin and use it everywhere I can. I don't think it will follow your prediction.

Take a look around and listen to all the fud.  Is it really bad yet?  Have you had enough of it all?  Is the bubble about to burst?

When crytpo seems to be heading into oblivion, and even strong hands are thinking about selling for a loss, that is the exact time to BUY!

Care to expound your post? It would be great if you can provide a more technical analysis to back up your claim that Bitcoin will go down to $3,000. But regardless of what happens to the price and if ever BTC touches $3,000 I would buy more and hold till 4th quarter of 2018. For 2 consecutive years, BTC is bullish on the last 3 months of 2016 and 2017.

I think that with a market that is in crisis like the present, anything can happen. You can see that bitcoin prices are constantly decreasing and have lost more than 70% of their value since three months ago. So I think bitcoin prices will continue to fall sharply and may go down more than $ 3,000. Currently, bitcoin prices are at $ 6700 and are still on a sharp decline.

According to my analysis, if bitcoin is broken at $ 6,000, it will go down to $ 4000 and possibly $ 1000 this year.

Big news from a newbie. Another fud going out for people to panic. I believe all of these negative news are sent out by the whales to create panic in people especially the new investors. If we sell now that its low, they will buy a huge amount of bitcoin in one time at the lowest rate possible and then the bitcoin price bullruns after the huge buy and they will become richer than they are. So dont believe in things like this. Dont sell when you're losing

Although bitcoin droped on coinmarket today,1.71%, three cryptos actually rose with EOS rising by 7.26%.

It is hard for bitcoin to drop to $3000. I believe that whales will never do that. They will continue to collect more and more bitcoin and in the July, everything will back to normal and bitcoin will be pumped extremely hard. Remember what I say to day because you may want to thanks me later

Why bitcoin will hit $3000 if it hits $5800,do you have any technical analysis for saying this will happen or just creating the FUD threads. >:(

Still bitcoin is at $7500 not $5800,so don't give false information.

just wondering on the basis of which such a conclusion

Well in General if Bitcoin goes down, and it is more likely in my opinion, its purpose can become even 1800, it is the lower support of the descending channel.

May be or may not, as nothing is hard or impossible to happen. Many predicted many things but not all came true, you know. Moreover recently a huge blow came from RBI, Indian Government who officially banned Bitcoin and cryptocurrency. Within 3 months the exchange will be probably closed and unless the panic sellers doesn't prevent themselves from selling the BTC they are holding, nothing is sort of impossible. I hope whatever you said may come true, but its still very unpredictable market.

https://i.imgur.com/K0gEjjg.jpg

Is truth that in the last months is being very bad for bitcoin and altcoins, prices are falling every day, the panic is everywhere and with that many people are desperate and panic. but we should not increase this panic, create a thread like this will not only increase the panic as it is something very irresponsible on your part... I would even go so far as to say that you are being a bad person. at least provide concrete evidence to justify their point of view. Finally... I want to say to you that you must be optimistic and not spread fear in people, transmit confidence in other people that it will do you very well.

Check the chrat trend,  I tried to attach my technical analytics  but can't do here unfortunately....

Are you, by any chance, acquainted with any of the whales and are getting juicy tips? Or are you working for them?  ;D

Even if it drops down to $3k, long time holders would have still made a profit considering how cheap it was back then. Even with the current prices, anyone that bought this 2 years ago would still consider themselves lucky. It ain't going anywhere despite China restricting it, the exchanges are simply moving to Europe and the EU is preparing to regulate it.

I just share the technical review  I had,  you can get it or leave it...... But breaking under 5800 will be followed by big drop......  Hope it will not break the support line and get back to 10000$

I think this price is to low, bitcoin won't go to that cause in near weeks people will start buying it again cause of some pumps that will come on days, just wait for that.

This is the reason for buying )

I do not believe in existing topics because you do not include links related to this issue, even though bitcoin prices are down I remain confident about this bitcoin because bitcoin down will definitely rise again and could exceed the price ever achieved Now, so for you bitcoiner still have to be sure of this bitcoin

Another high quality post from newbie, based on nothing. Why did you post it here? There are a lot of same topics, yes, we are going down, and?

Just ignore the post mate because these are the people who makes comment that bitcoin will cross the mark of $40k when there is a pump and they just predict it to crash down to minimum if there is a dump.

its just a healthy correction, give some time and it will go up and reach a new all time high

 Again I just share the technical review  I had,  you can get it or leave it...... But breaking under 5800 will be followed by big drop......  Hope it will not break the support line and get back to 10000$
Unfortunately I tried to attach my chart which show this numbers but faild

i honestly believe and know that bitcoin price can not drop to 3000 usd. because cost of mining is aroun 6k usd right now. that is why there is a very strong resistance around this level. if it goes below 6k usd some miner can stop mining and it can affect to all crypto market very hard. i dont think it is possible.

If the bitcoin falls below $ 5k7, it will show a very bearish trend this year. If you have bought into high-priced crypto, then be prepared for the DCA crypto is very cheap in the future. I believe the market may recover in the fourth quarter of this year as the current market recovery is very difficult.

First of all, tell me on what based your price prediction? I don't beliwe myself, that bitcoin's price will down to 5000$, because here nothing, what would did that to bitcoin's price, also over situation about bitcoin and altcoins around world, showing, that bitcoin probably will back to 10,000$+.  So, before predict something, show first arguments.

It is just a market manipulation and it is nothing new, anyone can have their own opinion but that does not mean that it will be true and it will change according to the market situation, one thing everyone must understand is that the market wont necessarily go up all the time and i am looking for the big future rather than the short time.

If you post this speculation price you should have proof that it will go to $3000. This trend will actually cannot say what price of the dips since so many fuds and panic selling exists. Bitcoin down trend has always the possibility to go dipper, but in this case I am into positive about price to go uptrend.

I am still confused if I am a bear or bull.  But I will not change my belief. Bitcoin will skyrocket to 100k within the next 2yrs. Alts will follow too.  I have some funds now allocated to BTC, when price dumped to 3k or lower.

Yeah I agree, for now it's too hectic to keep on thinking about profit, the market movement is like crazy, nothing can be predicted,it's better to hold for long term, so people no need to worry everyday, and if all people stop spreading fud then the price could be better, and I don't really care about the price fall down under 3k ,I just know that I will get a lot of profit if I hold it long enough

from where do you know that bitcoin trend will go down? if only predictions with no basis and clear source, who will believe it?

Bitcoin is not happy at the start of the week when the price of the currency falls again after recovery. Not just every bitcoin, but almost all other virtual currencies also fall. Bitcoin may continue to fall next week. Maybe it will drop below $ 6000

In recent days, Bitcoin prices tend to move in a sinusoidal pattern as each day of weakness will continue with one day of growth and vice versa. However, the rate of decline of Bitcoin is greater than the rate of increase, causing the price of the currency generally decreased.

Bitcoin prices are likely to fall by as much as 90% from current levels and may reach $ 1,000 to $ 3,000, with Bitcoin prices trading nearly 12 months ago. This is just a guess of some experts. We should be careful when investing in bitcoins at this time

If the bitcoin drops to $ 3,000, the virtual currency market will collapse. The stock market may witness unexpected losses. I think there will be an economic crisis around the world

It appears to be very sad for many people, who holds bitcoin right now. Scince all currencies are depending on bitcoin`s price, things are going bad!

FUD detected. No proof, no evidence, no price analysis just pure fake news. Bitcoin is going down because google and other social media sites are banning the advertisement of crypto currencies in they're platform the result is panic sell and exchanges from japan have cease to operate because the lack of requirements. And most of all bitcoin is not the only one that has plunge but also other altcoins.

A newbie that says it will go down to $3,000 without analysis. I've seen this type of person on social medias that are just bringing FUD to the young ones, you must stop doing this. Your not helping to the community and if its confirmed under $5,800, tell us what makes you think it is.

to go down to the price of $ 3000 it seems that it will not be possible because we know the buy support that is in the price of $ 5000 is still very much, I also pray that bitcoin prices do not collapse to the price as cheap.

Hopefully this will not happen. Let us be positive folks. It is my first time to have my coins and I do hope I can earn bigger. I hope this month and onwards the price will go up.

Can you explain further your speculation on why you think btc will drop to $3k?

Market is too volatile and unpredicted, there are many investors waiting for the prices to bounce back hence if you cant spread positive vibes and idea in this dips then better refrain from saying such speculation.

So what will you do? Five post on your rank and talking about analysis will make everyone not believe to you. If you did analysis you can reply my post. I'll be ready to listen your analyst here, it's important for me and maybe for us, so if your analyst right we can sell now and buy back later when the price touch $3000.

But you know what, in a few month back when the price fall from $20000 I'm never see bitcoin price touched less then $6000, the price just touch $6200 in the deep price. Yeah, although in the cryptocurrecy world everything is possible, we will see that it would be good if the price touch $3000 I will buy much.

nobody expects it to be happening, even for now, the income I get is slightly reduced. I also expect a pretty high rise from bitcoin, I believe it will happen in a few weeks, or a few months. I am currently saving some assets to wait for it

Better doing that, instead of being worried about your earnings it is much prefer to save your bitcoin, if ever  that it fall to that level, then better
to buy more, we will never know what will happen next but for us who do believe that bitcoin will still jumped high then saving and not panicking
will be the much prefer action to still be in good position.

I dont think Bitcoin willbe go that low. Maybe it will get to 5000$ and that is very possible but I dont see it going lower than that. And even if it goes there has to be a period when the price is going to up becauseit happened everytime in the past, after a big crash the price started to increase and get back to the value before the crash and even higher. I think Bitcoin is just crosing a hard periodto but soon this has to endbe and start a good period where it will break new records.

Do not know that my wish does make people sad no. But currently I'm looking forward to bitcoin going down 3K so I can invest. But this is very hard to do. But if it is, then I will invest in all the money I have.

I don't think the price of bitcoin will fall to $3000. I think the minimum price for bitcoin this year is $6500. Because of this low price, the market is already saturated, bitcoin will grow slowly, will not have a big drop. This would be a good time to invest.

without reason if it reaches btc price of $ 3000, because we can see support is at $ 6000, to get down to the base $3000 should breakout on support. and i do not think that will happen

bitcoin prices lately continue to decline and we no one knows to what point the lowest price. everyone can argue about the price but it is better if there are basic and theories underlying that opinion. and currently the most appropriate is not to sell our assets and better to hold assets. because selling will worsen the market.

I do not think BTC drops below $ 3k. BTC prices fell only at 6k $ and will turn up again, that is the minimum, the floor of the MOF. I think we should not think negatively about BTC. They will rise again in May

I make sure your prediction is wrong. the current price is 6000, and you say it will drop in the 3000 figure? if it rises to 10000 I am sure of it.

Bitcoin and the market continue to trend down but can not fall as thick as what you predict. Bitcoin is unlikely to fall below $ 5,800 as many investors will curb the pace of their move by holding and buying, not sell.

If in case happen i will bought too many bitcoin and i will hodl it and sell it to the highest price.

this is a totally a fud which is posting negative new about the market without source and strong evidence.  Lol and perhaps no one will trust on you because your a low rank which claiming as a expert about doing technical analysis.  .bravo! 

Bitcoin price is like a roller coaster we cannot determined what price is the bottom. Bad news come and go but the price of bitcoin I dont think will go lower $3k. Yes we should think positively because in time we can see a rising price in btc.

I think if the downtrend seems to be true this year but bitcoin prices will not be possible to price turung until as cheap as it is because I think many are blocking the price at $ 5000 to prevent prices collapsed.

I don't think bitcoin will go down to 3k, once the panic sellers are done dumping all their coins into the market and cutting their losses then it will just be the real investors remaining in the market and they will never let the prices of bitcoin drop that low, they will always hold it up and the next bull market will begin from that but for now we just have to let the panic sellers finishing their spree.

It is true that the bitcoin price goes up from zero. But you predicted so is baseless. At the very least you have to give a convincing argument.

Down trend is continuous…..

But we can’t predict the destination of bitcoin is as low as 3000 or whatever.
Cause there is still bubbling & bitcoin going to correction but a big pump also possible, the reason is a huge demand is still available. There is increase day by day bitcoin holders.

Some of FUDers at least trying to match their words with clear and verifiable graphs. If you're not very smart even for this simple action your words aren't worth much around here.
It's unfortunate that no one can kick you off this forum. What a shame.

the is confirm to 6000$ but it will not going below from 6000$ and bitcoin always servived it will not collapse to 3000$ because their alot of investors who buy bitcoin in 19000$ and still hold with positively. like me i also buy bitcoin in 16000$ and still positive for bitcoin.

Oh well an unfounded statement from a newbie account,  I am not belittling your statement but we need more proof than just a mere speculative guess.  I also believe if we want to pull the price of bitcoin down, it is  the best time now to spread FUD since bitcoin had been staggering to go up to 8k USD again.  Though I do not think Bitcoin will crash down to $3000.

As far as I can see the bitcoin prices will continue to fall sharply, you can see that the current time the field is going down and the price of bitcoin is constantly plunging and falling sharply. Therefore, I believe that you should not buy and trade bitcoin at this time, you need to wait for the market to start returning to be able to resume trading. According to my analysis, the price of bitcoin will reach $ 1000 at the end of 2018.

it is quite difficult to happen in 2018. of course, it's not sure. everything can happen with crypto-market. but I believe that it never appears :-\.

Confirmed under $5,800? How it can be if the time you posted this thread the price was around $6,900+ - $7,400? You are giving the newbies fear with this post.
He cant give that I'm sure as he posted for only 5 times and it's only a newbie account.

We are not far from a new massive bull run. They start when most have given up, the weak are shaken out, everyone thinks the market will continue down, and prices are dirt cheap. From what I read in this thread on a daily basis I think we are getting close.

Well maybe it will drop more cause the market and the price is unstable right now but that doesn't mean that Bitcoin will not increase again soon.It has never remained for an extremely long period of time at a very low price.Has always had a gradual or sudden increase after one or two months , so it's not a permanent situation after all.

Bitcoin will start to rebound hopefully this Q2 of the year. but I just hope that it wouldn't go under 6K dollars

https://www.ccn.com/3-reasons-why-the-bitcoin-price-will-rebound-in-q2/

All users hope for that but no positive signals for the beginning of the growth of bitcoin prices I see. We see great activity on the part of the state to legalize bitcoin. Why is it needed if it would control the government? Now we can see activity on the movement of exchange in the free economic zones. Perhaps this is our salvation.

it is better to believe with bitcoin because bitcoin having a hard experience from the beginning and until now, bitcoin still survive and I believe that bitcoin will rise again. don't worry about the time because I am sure that if the time comes, bitcoin will show to the world that there is no one can stop bitcoin from spreading in all over the worlds.

Still, Bitcoin continues its downtrend and we cannot simply guess what is going to be the exact value of the Bitcoin.
But we cannot able to guess when it is going to pump, everything depends on the market and also depends on the people whether they will hold or start dumping the coins.

Considering the trend over the past few weeks, bitcoin $3000 is not impossible.

Indeed,with the declining exchange rates traders should be able to be patient and never frustrated to continue investing.Perhaps with an optimistic attitude in the traders are able to provide opportunities in obtaining big profits in the future.

 this is my technical opinion which saying breaking under 5800 will lead to big drop ........ again if if if break the support line of 5800

https://www.mql5.com/en/charts/8532638/btcusd-d1-ingot-brokers-australia (https://www.mql5.com/en/charts/8532638/btcusd-d1-ingot-brokers-australia)

oh c'mon, you just spread FUD, bitcoin will not down trend at $3000, many will buy bitcoin if the price down at $5000 because it's very cheap price and bitcoin will start to up trend.

Completely agree.
On the question on the basis of what the conclusions

it's unfounded

I get a bit annoyed every time I read posts like these. Its only goal appears to be buying btc cheaper. I think this hurts the overall crypto innovation, spreading fear and doubt for financial gain every time.

Even if btc would go lower than low, why writing about it every chance you get? Just buy low and keep silent please.

dear mate i kinda did not understand what you posted 

if it is an information to us then please provide some evident and arguments   other wise  we will by pass and consider it as a FUD

if it is a question   then you forget to put  question mark ?  in the end of your phrases

Lolz. Kinds agree on you! They just come here create the FUD or may be just to feel the post quota I believe. They should learn to explain the things before they could say a word about it. Bitcoin's market cap is holding tight about the current rates and they wont let it fall below 4-5K USD range for sure. This was natural drop in phenomenon however with yesterday's news coming from the India "about the bitcoin ban" caused it to go way below the line. However what will happen now is simple :  1) Indians will keep selling the bitcoins - dropping the market drastically 2) Countries where there is no issue with bitcoin will start buying the BTC at discounted rates 3) Bitcoin price rises again. Thats simple.

Exactly, without a positive approach, an investor can't make a good profit since the fluctuations in the price are but obvious for such a volatile currency. However, the market had faced an extreme decline but that doesn't mean the price won't climb up back again. I believe the price will regain its value thereby providing traders the opportunity to get a great profit...

I agree with you that down trend is 5800$ before the start of the bull run, there is a lot of dumpers who continue to drop down the price of the bitcoin because of the panic seller if only the newbie still hold their coin and don't afraid on what is happening on the market the price of it will continue to pump but let us see what bitcoin can do in this year.

we can take places in the first row! )

The first goal, if the fall continues is 5000. This price may start to rise, but if it goes even lower, then perhaps bitcoin will fall to 3000.

I personally don’t agree with your point of view, how did you come up with that kind of speculation anyways? Although I am not a bitcoin expert nor am I expert in trading too but I don’t think bitcoin will go down that far this year. But I am sure it will still continue to go down to as far as $5k but after that dip, I think it will bounce back up and try to recover its losses.

No, its not. You can call it fud but most probably the price will dip to less than $2k. Those big players above us are monetizing the down trend and uptrend. As long as they keep seeing investors buying BTC who thinks its the dippest it could drop those big players are always going to make money out of it. Soon when all are going to give up on probably $800, they will start buying to gain the trust once again and they will start to dump every time btc spikes.

The stand between bitcoin market price dropping will be divided into two. Some favor on hoping that bitcoin price will bump high as in accordance with comparison with the last years bitcoin market price. Some.also will looking forward with bitcoim market price more dropping so as to let them buy or invest bitcoin in lower amouny of price. They will just be getting ready if bitcoin market price dropping will stop and probably they will invest in lower price so that they can have a lot of profit when they sell bitcoin later on. Some also could bot afford to buy btc on the preference or ideal btc holdings. so they will just go and wait for another market price dropping.

I do not think that the price of btc has dropped so low. With the downtrend, which is now the price may indeed fall, but I think that around $ 5000 maximum.

Although the price level you specify is a risky level for the market, believe it to be the most appropriate investment signals for new purchase signals. Everyone thinks Bitcoin has escaped from the bee, but the train is still at the beginning of the journey. When it wakes up, it is not known when serious increases occur, but I think today's levels will be referred to as dead levels.

Of course, in the world of crypto currencies everything can be, but I do not think that the price of bitcoin will fall to such a minimum. At this point, weak people who lack patience and faith-go. We need to wait.

Patterns can form with one or more candlesticks; most require bullish confirmation. The actual reversal indicates that buyers overcame prior selling pressure, but it remains unclear whether new buyers will bid prices higher. Without confirmation, these patterns would be considered neutral and merely indicate a potential support level at best. Bullish confirmation means further upside follow through and can come as a gap up, long white candlestick or high volume advance. Because candlestick patterns are short-term and usually effective for only 1 or 2 weeks, bullish confirmation should come within 1 to 3 days after the pattern.

Bitcoin currently trading in a low rate, and still continue to dump, but i think that very soon bitcoin will get a good support and i do not think that it will drop from 6000$. I think now we do not have to wait more and hope that bitcoin price will start pumping again, because still people are interested to  invest their money in bitcoin and therefore more chances are that bitcoin price will very soon raise too much high.

Can't see the 3000 for bitcoin.
worst will be at 5k but this will be as hard as hell.
There are just FUD and some regulation but if you will see the development of the community.
Bitcoin is very under value now, i am seeing BTC at 10.000 USD before this month ends.

Bitcoin price is trading in a low price that is a fact, but i do not think that it is going down any more. I think that bitcoin price will get good support at 6000$.  Because still investors are interested in bitcoin and therefore most of the people still going to invest money in bitcoin and therefore we do not think that bitcoin price will dump below 6000$ but will hopefully start increasing very soon.

At 6200 very good support. I think he'll stop there. But it is not exactly )

No,it's Impossible.bitcoin up after few days ago.

If we do happen to dip under the previous bottom, which is a clear sign of a broken long term pattern, then we will easily dive under the $5000 level due to the panic at that point, but likely for a brief period only with how strong the demand seems to be around these levels. Currently the consolidation above $6000 is looking better with the day - there is just no incentive to tank the market further.

Noob alarm!

Can you lend me your crystal ball? I want to see what's going to happen after 2020.

---

It's insane how many dumb people strongly believe that the current market is undervalued, which clearly isn't the case. If the price was undervalued, the market would have been bought up already, because smart people buy when they consider the market to be at its lowest points, and that clearly isn't happening.

3000 is too bad,I think it will not go down to that price.I think it is already moving the market a little and that's the sign that Bitcoin is still kicking.

Yes we know that the price of bitcoin this days has been down but going down to 3000$is never a good predictions. The price would move up very soon whatsoever. Keep watch the price will hit 10k before 12th of this month. That is 6 days from now.

this is just a prediction only, we can not be sure that the price will go down by just reading the trend in the chart only,
I'm sure the price of Bitcoin will not be under $6000...

You should have second thoughts for thus issue, there is no clear basic to say like that. In fact, bitcoin price is currently decreased, but it’s not really to keeping decrease forever. As you know that bitcoin is extremely volatile ,thus no one can predict for sure that how bitcoin price will fluctuate in anyway. I completely believe that  bitcoin price will recover soon, the correction is normal, all we need to do right now is to keep patient and holding it.

Bitcoin is at the $6,000 range there's a chance that we could see it but bitcoin going back to $3,000 is unlikely maybe if a lot exchanges got hacked that's one scenario I can see the price go back to $3,000 not gonna happen though. If Satoshi or someone who holds a million btc suddenly dumps all in one go that's another way for the price to crash really hard.

They think it's undervalued because they saw the previous price of bitcoin peaked to $10-$20k and expects the price to recover quickly.

The floor price of the BTC will fall at $ 6,000 will rise again, they can not fall deep. I think the BTC price is going down because some of the regulators are pricing theirs to benefit them. But I firmly believe that in the next few months, BTC prices will increase again. I do not think they will drop sharply.

yeah, many people already telling that prediction that bitcoin price will be under $5800. it will touch $4000~$4500. but, surely that is just prediction that have 0 foundation of fact that will lead into that prices. and what i think is, the market is key to this matter.

i feel like everyday there is a a new topic with a price prediction XD i guess they hope to press the price down a bit more to reenter...well at least they did not buy-in at 17k:P

Unfurtunately we can not tell what would be the circumstances of the market goes through as many expert saying and predicting the value of bitcoin would be like this and or reaching to this price but totally its still floating on the air what could be the price in the coming days and months.

How can you even say this? You must not be so confident on such guesses. We all want bitcoins to be the highest one in this April and you are still making them going down. If this happens, believe me people will lose interest in bitcoins. Because already, bitcoins are under heavy circumstances since last three months, so better is to become wise and make healthier guesses.

Although I believe anything is possible with bitcoin and the price can go either way but I don't think bitcoin will fall to the 3000k mark with this downtrend, it will stay at about 6k.

in fact, he can be right. it will be clear if we will see how bitcoin will behave in a few days
I mean if the support at the 6000 level will be broken, then yes, it is possible bitcoin will go to 3000 and even less..
only time will tell..

we are going to see $7k again because the bitcoin price trying to gets up and now the market is on green. the price it seems makes the line's up but somehow, I see that there is a possibility to get down again. let's hope that this will only increase for higher and although it is down, the down is not too deep and the price will bounce up again.

it looks like it is not experiencing downtrend anymore because there is good news that he said the 17th of April bitcoin will go back up again and make a price recovery, I hope from the news it could trigger a rise in bitcoin prices.

I think it won't go down that low too, it does seem to look like a down trend especially
it went from $8k to $6k now and seems to hang on there, but the way it struggles and
hangs in between prices above $5k is a good sign it won't go lower. Maybe it will stay like
this for a while, providing us more time to purchase bitcoins while prices are still like
this. Once it picks up it's pace again, we will see better improvements in prices by then.
It's a baseless speculation and a disturbing one, saying something like that would
definitely make people conscious and uneasy. It's better to keep a positive point of
view, what does one hope to accomplish by preaching a downtrend in bitcoins? it
couldn't be positive as it won't do any help at all. Be hopeful with bitcoins. It will
deliver satisfying results soon.

The market value of the bitcoin can drop down to 3000 $ and that it can also rise high. We never know what will happen in the coming days and that we need to prepare ourselves for any kind of situation. In case the market value drops down to this much of value, the only thing which can help us more than anything else is to grab as many bitcoins as we can at that time to make more money.

Yes it is fake news for sure as we can clearly see bitcoin has started to increase again, bitcoin won’t ever stop increasing because more people are including bitcoin now, so the growth of bitcoin is getting high we should wait to see the future, right now there is no such investment that can give you higher profit than bitcoin, I know the power of bitcoin is increasing day by day so we should wait not to panic price is gonna rock once again.

Can you explain on what basis your prediction is based?  I do not think that the price will be so low, there is no reason.

3k dollars also appear a little low to me. If bitcoin has remained in dip for more than three months and has not fallen down to even 5k dollars, this shows how much difficult it is to happen. Many investors want to see bitcoin at such low rate because they know how much money a person can earn this way but it is very unlikely to happen. Bitcoin is a very strong digital currency.

I don't think this will happen, well if this happen for sure the loyal traders of bitcoin will be selling their coins to buy a new one that's the lowest peak of the btc's value if that happens. some experts say that bitcoin will increase in just a matter of time.

BTC will not fall below $6000, people will buy BTC at $6000!

Because the cost of BTC mining is very high now, the cost of 3000 usd is lower than that of BTC!

$3,000 was last year's price, and now it's hard to get below $5,000!

i think it not because bitcoin is can survive but your predict is no longer be avail into the bitcoin price now see the price it was only down at the 8k.

Lol, show me the statistics please, together with all the other testable and verifiable evidences that can prove your claim. Because if you don't have any and just base this unprecedented speculation with all the other fuds out there by other people that only follow other people's fud. This post is completely useless and just does more harm than good. If people like you increases in population here in the crypto industry, this industry will absolutely fail.

Look man, since we all can benefit from this industry, I think that it would be best to just do your part and don't FREAKING panic sell and spread fud all over the place. Because if you do not, and people follows you, it will be bad for all of us. At least think before you act, you obviously owe that to yourself.

in reality inside half a month this bitcoin has diminished forcefully, and the likelihood to go down again is huge, however in these conditions we ought to do is hold a solid coin control, on the off chance that it will offer it will even add to the misfortune for yourself , and I emphatically trust that this will be over soon, in spite of the fact that the moderate bitcoin will increment fundamentally,

this is my technical opinion which saying breaking under 5800 will lead to big drop ........ again if if if break the support line of 5800

https://www.mql5.com/en/charts/8532638/btcusd-d1-ingot-brokers-australia

bitcoin downtrend will never get to the price of $ 3k because I think there are so many supplements who want to buy bitcoin at the price of $ 5-6k, so do not expect bitcoin down to that cheap.

I think we don't have to underestimate his predictions.. It is not impossible that bitcoin can descend up to 3k USD. It's just a matter of preparation. At least we are aware that the possibility of having that low price does exist in bitcoin.

That seems that it's unlikely to happen this month. With the current stats that bitcoin has, its market value has only fallen to 6K$ mark. Though the bullish market may not be around this time but i believe the 5K$ resistance is really hard to break down to 3K$ mark.

Can't see the momentum of bitcoin down to 3000 now

the more informations that we have, its more better for us to make preparation like you said and we can be ready if something worst is happen in the future. everything could possible in cryptocurrency like what we see before when bitcoin price is up to $15k and then the price suddenly gets down slowly and finally reaches $6k as the bottom price. what we can do for all of this is just to prepare and set it up so we don't get panic when something goes out of our control.

Ahh! Here the man speaks clear and loud! Obviously the OP is newbie here and cant even think of reading the same topics and threads spreader all over the forum. They could have gotten the answer easily and yet we are here to reply to this post even we dont want to do it but we need to do it for the sake of forum's quality. I mean if we guys dont talk straight then I am pretty sure we will end having the forum filled with newbies who will keep creating such FUD's everywhere. I am pretty sure many of the people might have missed one beat from the heart after reading BTC -> 3K USD. Oh dam it! Its always better to catch good news article, have some quality references and then put your thoughts on this forum.

You cannot be serious about it, are you? I don't think btc will ever fall under 1000$. Maybe look at the Coinmarketcap for betting understanding and if you still think that 600-1000 will be the price range then you need help.

this is my technical opinion which saying breaking under 5800 will lead to big drop ........ again if if if break the support line of 5800

https://www.mql5.com/en/charts/8532638/btcusd-d1-ingot-brokers-australia

Yes, i agree that possibility makes possible come true all we do is awareness. In this trends of cryptomarket all we do is be possitive and correct the common negative feedbacks attacking bitcoin because it can cause a massive down fall of value if we allow those people who spreading a negative news.

This is only a question that beyond speculations on what future price of bitcoin happens, so, let us consider also on what people being predicted, because no one knows exactly on what bitcoin price in the future, but mostly people really wants of bitcoin price become higher.

Probably he heard it from somewhere and then decided to spread the FUD  ;D. He is half way right though, because at the point we are going to be having a huge panic selling in the market, but I do not think it would get to that $3k stage at all as we still have a supporting trend around $4000 range that could hold it back.

$5800 was the last low this year, and breaking that support which is expected to give us a bounce back would absolutely cause a huge drop, but I do not see any reason for anyone to be worried anyway, we are getting close to recovery gradually.

Hopefully this won't happen because surely, bitcoin would have a hard time to recover. The market value of it is already down for about more than 55% from its highest market value last year. The market is now a bit stable and expectations on the start of the recovery is already there. Just hold at times like thid because no one knows what will happen next.

for now it seems it has not happened downtrend and if experiencing downtrend again it seems to be difficult to achieve at the price of $ 3k because at this time many are support to buy bitcoin at the price of $ 5k upwards.

3000$ You're joking?!. The price will not fall so much. Then something should happen? The price is already too low. I think the minimum can drop to 5000$

It seems to me that this is practically a nightmare for every investor or trader. If the price drops to $ 3,000, then the market will come out from this hole for many years. During this time, the Crypto currency will lose a lot and, first of all, it will lose public interest in cryptography.

That trend was everywhere how come you didnt know about this one? Its has been analyzed by a chart pattern from the TA's that Bitcoin could hit as low as $3,000 or worse $1,000. It may be a FUD , but TA's have been a reliable guide along the way.

Shorts are again getting build and thus, price will suffer another round of dump. But as I was reading analysis by crypto expert, the support level of $5800-$6100 is quite tough to break. This is the major and the strongest lower support which is unlikely to be broken anytime soon unless there is some really bad news capable to bringing in huge FUD.  Right now the big holders are controlling the market and they won't be able to break the $5800 support level. Thus, there is nothing to worry as for now.

Its possible, you cant predict the future so it still possible that the price of bitcoin will fall deeply to $3000, and its a perfect chance to invest, buy at low cost and hold it wait for the chance that their price will grow up and then you sell it. That's the simplest way to earn profit. Its still possible to reach that price but its a kinda rare.

What is this trend based on:

1) Current performance is based on what news in circulating in market regarding bitcoins. Currently, news like companies banning crypto ads kept the price in check and thus we have not seen much growth.

2) If we start seeing some positive news now, the trend is expected to change. In any case, if price goes to below $3000, it will probably collapse further. And all the alt coins will die as well in such a situation.

But why do you say your dissatisfaction with those who predict the decline of bitcoin, most are more pessimistic. The fact that bitcoin will grow long, few sincerely believe. Foreign analysts from Morgan Stanley and do believe that if bitcoin does not become an official currency, then its price may fall to zero.

Of course, cryptocurrency can be collapsed and reset the whole crypto world. But, if it will withstand some pressure, then a stronger stabiliziruemost and then it will rise! I believe that all the same it will withstand the growth of bitcoin - a matter of time!  8)

This is how digital coin’s world is. People make predictions according to their wishes and fears. Some want to see bitcoin at low rates like 3k to 1k dollar so that they can buy a lavish rich future at the cheapest rates.Those who bought it when it was really soaring up, definitely they want the dip to over already. In my opinion, bitcoin will be making some progress in this month. It is being expected to do so.

Good you said it is going to be confirmed under $5800 which I would not actually be surprised anyway, but I do not see it getting as low as $3000. Even if it does, there is going to be a rapid buying which would even make some buy orders not to hit. So far, the bear still owns the market, so anything is possible actually, but at the same time, since we cannot predict the future we just have to watch out for the break out either up or down.

The market situation is better now compared to what we had in last week. But we cannot be sure what this week is having to surprise us in coming days. I am praying to God for trend change because except praying I has nothing to do for a better future for bitcoins.

Prediction should not be like this and even you can not predict about the Bitcoin and its future market value. It declines with the decrease in demand and it goes high in the air with the increase in demand. Prediction line can goes high and down we can not know about. Hope for the good future and be optimistic about it and set the examples of billionaires of the Bitcoin.

the most important rule in the technical analysis that you dont have to watch any news or fundamentals .......

I am this guy, who sincerely believes that Bitcoin and altcoins will be gaining and not be losing. I do not see any reason to make these pessimistic predictions.

It is possible if people sleep for a while and some holders sell their coins but is impossible because people are awaking and holders are holding strongly and never going to sell out at high market. Bitcoin will surely go high this year to achieve the target higher than its previous highest jump. It is possible because people are very interested to invest in this business and make better results.

Yeah as predicted it will surpass the last years record price high, because some experts has some indicators that they believe that  the price would go up high,  because early this year many believe that the G20  would slammed down bitcoin to  the bottom but it never happened, there's a saying that goes what does not kill you will make you stronger.

OK man ......how are you doing........ hope you never sold waiting for 3k, in my opinion bitcoin will never go below 6k...it's resistance was at 6500$ for long-term so I don't think it will go below that

bitcoin prices lately continue to decline and we no one knows to what point the lowest price. everyone can argue about the price but it is better if there are basic and theories underlying that opinion. and currently the most appropriate is not to sell our assets and better to hold assets. because selling will worsen the market.

Yeah this will not go at $3k as we had many buy supports before it will fall at that level. Mining cost will be affected if that happens. So, we are far away for that speculative downfall price.

Yes it can destroy their goals to reach into profitable mode so best is not to panic sell. It has proven price did not reach to $3k. However the strong resistance take place and we might can see bitcoin going to moon it's value this coming weeks maybe or months.

As you guys see there is nothing to worry about huge crash in bitcoin price. It will never return back to non profitable levels. We will experience cycle of corrections but never truly crash at all in my opinion.

Well the prediction of many people are just predictions we can't actually say that bitcoin will down trend to 3000$ because in the past few weeks the value of bitcoin is stabilize at 9000$ in the middle and it will increase anytime soon so keep predicting it will come true maybe.

Waiting for such a Great fall of Bitcoin now is a nonsense. Many guys here are buying the cryptocurrency these days as the market is absolutely ready for the next bull run.

This prediction's opposite to our observations and it is beyond common sense.
Is that the way FUD spreaders work?
Had he realized with what he had said, he should have been ashamed, because if seen mathematically, in fact their calculations were very wrong.

maybe that is the way that has been used to makes people worried and afraid to invest their money in bitcoin. I think it is better to not thinking too much about this because we can become panic with the news and we cannot stay focus on the market. besides that, I prefer to watching the price in the market and we analyze in each time so we can stay calm in any situations.

Those who just pen down their weird thoughts regarding the prices of bitcoin and other crypto currencies, they should simply be banned from forums because they create a wave of depression and panic among young investors making them go for panic selling, which eventually puts them in loss. Only real investors are aware of the falseness of these news and they don’t get into pressure by such claims.

I think predictions are just an image, because predictions will not determine the original results, if the predictions do not match the expectations they want, of course it will cause problems.

bitcoin will never be able to fall as cheaply and as badly as that, the price of bitcoin will definitely stabilize at a price of $ 5000 because I see buying orders and proponents of a lot of prices opening orders at $ 5k which makes bitcoin difficult to fall deeper.

 ??? ??? ??? ??? ??? ??? ??? ???

yes, a good thing when the price will go up at $ 5k. but, to date, the price of bitcoin is still up to $ 4k and has not been sold. I hope, for the starting point, the price of bitcoin can reach the price of $ 4500 by the end of this year, or more.

How can I be sure? I don't think it would go that way. Bitcoin probably will go down, but it doesn't mean anything bad. when the DOWN end, the UP take its turn for everyone. I think you need to stop make people worry about this. Stop spreading FUD that cause people nervous and doubt on bitcoin. Bitcoin need support on its falling, not something bad.

Lol. Too many predictions like that this year. The price won't go below 10k then 8k then 5k and here were are hovering around 4k after a positive run lol. I just hope this run can be sustained though.

Prediction already happened. Because last week ago the price become $3000 again and this is not good for the price of the bitcoin, but Im still good because we can see the price become higher than this week which bitcoin already increased again $4000.

Well the prediction is happening now but I think 3k price is the lowest price for this year and it will move up next year let see what will be happen in next year if its go up or still will be stable as like that price.

We will see much lower prices, maybe even under 1000$. I bought at 6500$, as many others did following technical analysis ...it looked right ! Everyone thought it's the bottom! And now everyone (almost) think we will start the bull run... About 20% in a week? No way !

I agree that this is not yet a bull run, but you can not be sure where it is really bottom. The fact that the price falls below $2000 is just as likely that this is the end of the bear market.

Well, I guess we can cross you off the list of soothsayers. Along with many around here.....