Bitcoin Forum

I felt like I missed a great opportunity at selling high and buying low when it reached 5k and drop to 4k a couple of days ago. Now it happened again from 4k to 3k. You think it will happen a third time, from 3k to 2k?

I think so, maybe even down to 1k. At the moment it doesn't look good for btc.

The bubble had to clap apart some day..

If 3000$ doesn't hold we will see 2500$ first and then 1800$

Even better. That would be a great buying opportunity for me. Right now it's still too high to buy.

Bitcoin is not a bubble, and I really think you have a lack of understanding about how bitcoin works in order to say that. I really don't think it will go to 2k again, but even if it goes there I don't think it will be a problem. People are just panic selling now, because the major China exchanges already said they will suspend trading at the end of the month. But they will get a license eventually and re-open and things will just go back to normal. This is not the end for BTC, I think it's just a good opportunity to buy again at a cheap price.

If there will be other supporters of by who would want to invest in it then it won't drop. Cause right that btc needs are investors and really money to keep btc. I don't see it crashing but it would take time also to recover if there are no investors or miners to keep by on track. A lot of percentage was lost when China announced the news and its gonna take a lot of percentage also to recover.

Unrealistic,
You do not undertand about how economy works,and absolutely lack of understanding about Bitcoin.
If we really hit $1000,we can say it's the end of the cryptoworld.do you understand how much is it ? From $5000 to $1000 ? It's more than 200%.
And how much money will lose if the price goes down that deep ? And how much people will suffer because of it ? Lastly what will goverment do if something like that will happen ?
(Look at the miners expenses,and Bitcoin users)
$2000 is understandable,and i believe it will no goes down more than that,you should know the reason why would this dump happen right ?

No one can be certain Be certain how low this bear run could get. Why not just buy now, when it drops again, buy the dip again. That is a good strategy. We are at the lowest since the bull run so it is a very good time to buy.

Even though this is a bad time for Cryptocurrencies, especially bitcoins with regards to the ban of ICOs in China and the notice by major Chinese exchanges indicating their temporary close down. Most people are now selling and converting to fiat.
I don't see Bitcoin going down below 2k and even if it does, it's not a reason to panic.
You can actually buy more now if you wish to.

Cryptomarketcap  drop with high volumes in last seven days: this is not a good signal  :-X


https://coinmarketcap.com/charts/

Will we dont know what will happen in the coming days like the sudden drop for just a week we never expect that but if the bitcoin value will reach to $2000  and below i believed lots of investor will come out to buy bitcoins including me in a huge amount and hoard. I know lots of people out there are wanting somehow that bitcoin value will lower so that they could ride on board  if the value will rise again so this will be the moment of long waiting bitcoin will be affordable again.

from 4500 USD to 2000 USD price drop is still possible, bitcoin is so volatile. High demands causes the price surge and only the larger mining pools, the high volume exchange platforms, the whales and spoofer has the power to control the price. A 200 to 300 percent price drop is still bearable. same thing happen during the downfall of mtgox from 1800 usd down to 500 and in less than a year it goes down to 200 usd. so if you ask again will it reach to 2k, the answer is yes .

I do not expect such a drop in my opinion, but it could be everything in this cryptoworld.prices are so instantaneous that they have fallen even further from every point I want to get an appropriate price.I think this is exactly what they are doing from us.they want us to panic and harm in this way.I want to get a BTC from a convenient spot, but for the moment I can not predict that point.I will watch this hurricane for a few more days and then I will decide what to do next.I did not fully understand the events at first and thought that this price drop was sudden and I invested a lot in order to make a profit. I think now I wish I had made gradual purchases.

I don't think so. Because mining activities wouldn't be profitable at 1 btc=$2k clearly.

It will rise again.

No one can't say for sure, we all just can guess what will happen but I don't think so. My prediction is that bitcoin price will remain around 3000$ for the next couple of weeks but after that the price will start to get up again. Selling at this moment can't do anything good to anyone so let's just be patient and see what is going to happen.

Nowbody can really know this but I shure hope it does and even below 2k. This way all the weak handshake will be shaken out of the system.

We are seing this "China ban" again and again and always with the same result. Slowly, but shurely, the market will be mature enought not to overreact on news like this.

I think if it fall down under $3k, we will possible to see 2k soon. I think first it will stop around $2800 then, 2500 then,  around 2200
Lets hope it stays at 3k

I do not think it will reach the 1000 $ point but we do need to worry because the current price hike is the most severe in the history of bitcoin.

It would be nice a little under $1000 before end of year.
Good traders are seen when it goes down...

The price is going down further to $3000. But its really hard to think that bitcoin could go lower or near $2000. I'm hoping that the support level at $3000 will be strong enough. But if it collapses in the coming days, then most likely that $2000 will be the last stop before we can see some semblance of a rally. The China news that BTCC is shutting down its operations add another drama that cause another dump. Imagine if Huobi and OKCoin followed as well, we will having the same reaction. But for me this is just temporary and I hope that we can recover again.

I think this is something nearly impossible to happen in the coming days. We never know what will happen in the future and that is absolutely right that future is uncertain and we cannot predict what will happen next. But saying this that it will drop to such a significant amount will be something unjust.

It's holding steady for the last 3-4 days. Let's see how it goes. Personally I think it will fallback to $2800 levels before recovering again.

Currently it is extremely unlikely that it will go anywhere below $3000 this month, because the pumpers seem to be back at it again and taking the opportunity to buy  at any price below the $4000 margin/line.

Even though right now we have bounced back from the weekly high we are still up $900 or more from the dump.

$2k would be hell of a buy. I'd buy up all of the coins i can afford if it went down to $2k :P

How can you think that bitcoin would drop for even at 2000$ while the current price for now is almost reaching for 4000$? It's pathetic though to drop for that far since I think those past fall is so enough for the whales to buy more for there own good and look what happen now they are earning so good for this current pump and expect that there are more pumps to come.

Things can change very rapidly with current regulatory uncertainty from China, if/when mining is banned by the government, there will be a crash, a big crash, and it will be an opportunity to get cheap coins because value will likely go up immediately.

I think it can when we have a war or something then the price of bitcoin will surely go down but after that it will rise like never that always happens when there is a war and that is why i think he said oin 2018 it will be $2000.

I don't think this will happened, bitcoin prices will not touch/near $2k again i guess for the future. And seems bitcoin price will stay well above $2k as time goes by, so far as i know bitcoin prices from the previous years it's keeps increasing from time to time till now despite with some decreasing but i'm sure will not touch/near that figure anymore.

Finally Bitcoin is start to increasing by kicked out all stomes and now it's price is around 3850-3950$ and i my analysis tells me that bitcoin is not gonna down now. i think maybe it will happen a third time in 2018 when bitcoin just cross 7k and then go down again from 7k to 5k...

Well I don't think that those days may come again because I recently saw something very surprising for everyone.
Even after China Govt's ban on Bitcoins and its ban extension to OTC trading too, Chinese traders have now been shifting their funds to Japanese and South Korean exchanges and where they are to deal with KYC and AML policies, they are trying their hands over OTC markets provided by Richfund. A record 74 million trading volume was seen in the past week when they decided to ban Bitcoins' trading, so this means that citizens are never going to listen to any governments anymore which is very optimistic for Bitcoins. Those levels were to be considered cheap where it fell hard, but I don't see any falls like this unless some other country's government gets a psycho attack and decides to ban XYZ thing to stop Bitcoins grow.

If that is will happen, I believe that everyone afraid and worried so much. We can say it maybe but a big chance it won't reach on that 2k price, it is totally a big loss to all of us. Bitcoin is on the road for a long journey, having a bright future and bringing us into a new generation.

Yes. It will happen in 45 hours. Is this the kind of answer you thought you would get?

Dude. NOBODY here knows more than you. You many get confident answers in every direction, but it is bull shit. Make your own plays, call your own shots.

If you buy bitcoin last few days at 3k dollars and if you see the price today is already 4k dollars and for sure you if you bought 1 bitcoin your profit is 1000 dollars and what if a lot of bitcoin did you bought. This is it guys for sure the price of bitcoin will increase again and they have possible you will earn a lot of profit. I dont think as of now the price of bitcoin down at 2k dollars because its already 4k dollars but everything is possible to happen.

it looks like btc has a lot of support around 4K today; I don't think it'll even drop to 3K again.

Possible but would be hard to believe since bitcoins price do have a strong support even on the Big news regarding on Chinas ICO ban it did affect the price but not lowering its price again on lower from 2k price it did actually but only on 2.9k usd which isnt really low enough but those spots are the best time to buy more cheap coins and for those who did buy on those points did really make some money as of now seeing that price reaches again on 4k.Regrets can really be felt if we did miss an opportunity but well we should moved on since there are lots of opportunities on which bitcoin would give.

Please stop making this kind of posts. This kind of post are one of the cause which make  people panicking. Yes, you have missed a good opportunity of buying bitcoin. And you will get the opportunity of selling it in good price again.   

Even with this post ,we all know that btc will no longer hit that low, it almost reach it when China banning of ICO is out but now everything seem were fine so nothing to panicked.

The problem is not the post but the people who believe what they read...
Saying all is ok if the price goes down is worse that asking if it can goes down at 2K.

The problem is not how much the price will be,the problem is how to manage volatility.

A good trader sell if it goes down and buy if it goes up.

A good trader does not hear on your comments...A good trader trades relative at the market.
A good trader accepts errors...but he keeps a strategy.
People who have sold and rebought have done well and all comment here on this forum about future have been bad...
Sellers and rebuyers have done well.

A good trader does not hear on your comments,A good trader looks what you do...comments are wind...

It will not drop to 2k$ as of today btc has been reaching more than $4k. I think it will not drop below than the price, btc has a lot of support as what I have agreed above post. It will continue to reach high for sure.

Bitcoin is speculative asset. More the number of investors, more will be the speculations. This cycle will keep on going. Just because the OP wasn't able to buy Bitcoin at dip, he wants it to go back to 2k. Such people definitely don't understand the market. Bitcoin was indeed experiencing a pump recently, but the needed correction has already taken place.

That is not a good prayer and should it come to pass, a number of people especially noob would be devastated and may leave the crypto-world to never come back. At any rate, I don't see the market dropping below the $3000 price level anytime soon until the November hard fork imbroglio sets in and possibly upset the market, though that too would be short-lived. Until then, do relax and make some money by buying low and selling high from the daily swing.

I do not think it will happen in the near future.
even when china began to ban ico, and dismissed the exchanger, bitcoin prices went back up. Well, when the bitcoin price drops, I just see it as an opportunity.

you should not wait for that as this may not happen this year. Bitcoin fell from the recent high of $5000 to below $2976 because people sell on panic having seeing bitcoin being attacked by Chinese regulatory agency and unprofessional comment made by jamie Dimon that bitcoin is a fraud. As at yesterday bitcoin break $4000 resistant area and is doing correction around $4000 and $3,980. I think we should hope for more up raise in days to come.

Well basing from what is happening now, it looks like there is no more chance that it will drop to $2,000. I guess it will never again drop anything below $3,000 based from what just happened a few days ago. So the best time, I think, to buy bitcoins is now, since the prices are not yet sky high. I do think by the end of the year, prices will even reach $10,000.

Just because the market has calmed down, it doesn't automatically mean that there won't be any more panic selling that might tank the market below the $3000 mark again ~ never take anything for granted in this market so easily!

This market is always the same ~ when the price would keep dropping further below the $3000 mark, people would speculate about even lower levels, but now the price has gone up, people suddenly turned into bulls again. ::)

People keep adjusting their predictions by the market's fluctuations, and this shows to me that people are here only to gamble on short term outcomes, and not to take a long term position in this market.

Why I will not be annoyed on such a lame prediction and I think not it is not possible that bitcoin can down to such a lowest price. I don’t understand that how a man can predict bitcoin as to the lowest price although they see that people are demanding for bitcoin in the market and with a great insist they are ready to buy bitcoin but the bitcoin holder are not ready to sale out their bitcoin now because they are waiting for good price.

In this speculation you degrade the credibility of bitcoin in the market, because you down too much the name of bitcoin using their price. However, I do believe that in this thread many users are disagree due to unacceptable future price of bitcoin. Now the value of bitcoin in the market was increasing.

It's really possible that the price could tank again and I'm assuming that they are still Chinese investors who are still holding and waiting for the last moment before selling their coins in the Chinese local exchanges. Its still two weeks when the closure will began, so expect the unexpected in the end of the month. Maybe that's the time that those who still have enough bitcoin left in their local exchanges will dump it before the final closure of the exchanges. So the price might go back to $3000 or less if my prediction will come true.

I would point you to the last large rallies that bitcoin has had: first to ~$32, then ~$250, and then ~$1100.  Each time, the price subsequently fell at least 75%.  I'm not saying that will happen this time, but looking at history, $1000 looks like a perfectly reasonable price to fall to.  Although, actually, I would expect there to be huge support around the last high of $1100.

As I had observed lately those long term investors were really selling their holding due to good price of bitcoin, and also there's rumors about fall of the price. That created panic to other investors and I think it made the price drops at nearer to 2K this month, but lately price recovered after all.

It did really drop on price but not too low since the bottom was just on 2,900 price and I would say that it wont go more further to dip its price.I believe this would be the bottom for this year.Fuds would really make panic and even those long term hodlers will definitely sell some coins on their stash either on securing profits and buyback on cheaper price.This is just normal thing which signifies a healthy market after all because we wont see anytime on increasing prices.

I was hoping it would drop a little bit lower than it did, Dimon must not be as powerful as he thought as bitcoin bounced back pretty quickly from his stupid comment.

Dimon's comment was hardly unprofessional, it was a prime example of market manipulation by media, as you can se here
http://fortune.com/2017/09/18/jpmorgan-buy-bitcoin-ceo-callingfraud/ (http://fortune.com/2017/09/18/jpmorgan-buy-bitcoin-ceo-callingfraud/) he just was helping his customers to get cheap BTC, of course, he does it because is a good chap, totally not because he can make a few millions easy  ;)

I hope it doesn't happen again. Continuing weakening of new holders bitcoin into panic and selling huge amounts, this is a bad effect i think because most will swallow the losses. Patience needed as in other types of investments.

No way, I don't think Bitcoin will go down below $4000 again after this issue is cleared!

Probably not. you should've have bought when price went down to $3000, i was lucky my order at $3050 filled. i was wishing it go down to $2500 so i could have more bitcoins but it didn't lol. well if it does goes to $2000, i'll buy as much as i can.

IMO price needs a recovery and it gonna to hit 2500$ level again before Christmas.Emotions control the markets and that's why we see panic selling for every downtrend.It is zero sum game and smart traders will take opportunity thanks to emotions of less informed traders ;)

Well, i hope that is not going to happen, there would be a lot of panic selling in the market and it would make a chaos, i could not even imagine how it would be. Maybe i would fall into that fud and i dump my coins, but i dont think that bitcoin is going to go back to those levels again. That is an old period of bitcoin price, now we are going to go to $5000 for sure.

It seems that Bitcoin price had already recovered from these FUD.  We have seen Bitcoin is currently stable in trading between the current range.   I guess from here there is accumulation happening, after sometime I believe price will start to go up again since the next hardfork is just  less than 2 months away.  For sure the previous hardfork last Aug. 1 will fuel Bitcoin to rally its price and probably reach $5k plus price.

$5k must be reach around november to decemeber the same movement from past years and i think bitcoin not recovered it yet since the price of bitcoin when starting to decrease its value is around $4500 to $4800 and i think it takes longer to see back this price again except if we will heard a good news again about bitcoin and china..
For now better to keep buying bitcoin so that we can support increase its value to attract more people to invest in bitcoin ..
The movement of the price right now are good and i think there is no sign that the price will drop to 2k level.

Few days ago, bitcoin dropped back to $2987 as the lowest price after china crackdown exchanges and halt cryptocurrencies trading.
But, I doubt if bitcoin could drop to $2K, you can expect $2800 but not less than that. A storm from China has ended, even though regulators shut down all exchanges in there, people will not intrigued to sell off again, but how if they state mining pools mining bitcoin is illegal? Fortunately they do not.

I have a doubt too that bitcoin's price will drop near $2,000. $2,900 is the bottom because of the FUD and we are now far from that point. I'm thinking that the price can be better at $4,000 very soon. And these FUDs should be stop immediately so they can give bitcoin a break and will enter another ATH. I missed to see bitcoin landing near at $5,000 and reaching another higher price.

Look may be fail to 2500-2800$
But it have target 10000$ in few months

Regret always happened because people don't have a strong stand on their decision on the given situation. When price is continously increasing, others will hope for a price decrease in able to buy again. But when time comes that price is decreasing, they will still wait more for dips but most of the times, it doesn't happening then again, then afterward price increase happened again.

To answer OP, yes anything is possible in bitcoin price. Even prone to $1,000. If you think that a certain floor is the best level to entered, then just entered since you already know the risks. No one knows what will be the price movement after you buy so this is a matter of guts.

As of now the price of bitcoin decreased and it will back again at 3700 dollars last few hours is 4k dollars. I dont think price of bitcoin dwcrease at 2k dollars I think even china ban bitcoin the low price for sure is 3k dollars but worry it will recover again anytime . But we need more buyer now to buy bitcoin so the price will increase again so you can buy more bitcoin with your extra money only.

Graphically it is of course possible.

It's falling now, I don't know what's the FUD again or really the China effect still visible, unloke last week,it's fall is quite slow now but still alarming for newbies who are easily get panic when dips happened.

I don't think at all bitcoin price will drop to such a low near that figure anymore, at least maybe it just drop to $3k only, and not lower than it's figure. Whatever the news that affects the bitcoin price, hopefully it doesn't affect to us for stay calm and not hastily to decide something. I think bitcoin price will still continues to going higher and will not go down near to $2k.

10000$ is target for the next year. 2000$ is pretty possible to happen this year after some more fresh news from China about bitcoin and new banning. China is one of the biggest participant on the market of crypto-currencies and all those news that we got from there in recent days just shaked all of us and bitcoins prices.   

At present I do not consider the dip based on the current scenario because all of the factors are taken into consideration. Unless if there is another news from somewhere which is not healthy may impact the prices else from here slowly it may be but price should move in upward trend.

If the mindset of people still intact for the current good happenings for the past events of bitcoins well we cannot see the price will go to 2000$ but if the China issue will be push by the fudster then maybe it contribute for the bitcoins to go down. But hopes the target will be reach and people will be enough for the fuds and continue to buy bitcoins.

If people will panic more and China's regulators give more bans to bitcoin price will go down. If the price go lower 3400 the next step will be 2500. Waiting for more news from east neighbours and hoping for a miracle.

I don't think bitcoin will go below 2k. I think it'll stop in the 2000-2400 range because many people consider this to be a very good entry point.

Exactly my sentiments too. Should have sold during 5K but I was so hung up and greedy for another all time high. Thought it will go a little higher. Well anyway, btc dropping is natural and 2K might be possible. There's no way of telling it especially with all the craze from China and JP Morgan. But one thing I'm still holding on to is the idea that this year will not end without btc reaching 5K again.

Bitcoin will not fall to $2K but maybe around $2500 as the lowest price, unless something greater than China ban bitcoin occurs.
Recent news about Russia central banks against cryptocurrency may lead to another restrict regulations about bitcoin in there.
While people love to dump their bitcoin, so we're heading to $3000 mark again. This is just a proof that bitcoin market still very volatile affected by uncertain news and opinions.

We will never see the bitcoin price in 2k value in future for sure because there are many investors who have been invested blockchain and bitcoin projects. In this time they will let bitcoin value to low value at anytime. You itself tell me. If you invested in any businesses will let it down. Being part of forum I won't troll bitcoin or its value.

Bitcoin price stuck at this point. BTCC will be no more on September 30th . i think bitcoin prices dropped to $ 2500 for 30 september. however the price down $ 2k difficult

Stop spreading false information. BTCC will keep operating, but not with its Yuan trading pairs anymore -- everything else remains unaffected. I am quite sure that the Chinese exchanges halting Yuan trading is already calculated in the current price. From this point we'll see the coming hard fork in November play a more and more important role, but unfortunately, not in a positive way. At the end of the day, if the market falls below the $3000 level again due to all the negativity that we'll go through, smart people will see it as a welcome opportunity to open positions.

From talking to my friends who trade quite a lot they are expecting to buy at $2500, but some are also saving for $1800. It's hard to say these days because there's so much buzz and dumb money coming into cryptos.

There's not much support until around that area, so we may visit a double bottom then shot up again. The good news is, even at low $2000 we would still not be out of the all time bull trend, and predictions of $10000 for next year (or possibly late this year if the 2x nonsense is avoided as much as possible without much drama) we can definitely hit that sweet 5 figure spot and once we get there, sky is the limit. Everyone's brain will be destroyed. Doubters will become believers.

It is possible. However i do not think that it will happen this month or even this year. Even though the price is dropping currently it seemed to have stabilize at the $3600-3700 region and not going anywhere low from here.

Next year i think we can expect bear market to kick in, price could definitely drop to $2k.

Potentially we will have a chance to drop to $2.5k at November which will be a great buy, because of panic about the hard fork.

Nothing can effect bitcoin because we know that haters are more because of that haters creating fake news like James have made fake news. Bitcoin will go upward and it is going right now too.

I don't see bitcoin will drop near to 2k because price right now is stable more than 3k$. Yes I agree with you it is hard to predict the movement of btc value. But let's see and observe the fluctuation price of bitcoin.

I don't think that we will see bitcoin to go down to 2K again.
Even if we would lose the whole demand in China.
There are so many long term holders like me who would never sell their coins by now.
I think that somewhere in the 3K area, there is really a bottom. No matter how bad the news situation gets.

I don't think bitcoin's price will drop that low. Eventhough there are a lot of problems that are happening to crypto world right now, I still think that its' price will be stable at $3000, it will go low but will not be lower than it.

Many talk about how they want to store bitcoins in the long term. In fact, I see that all have only speculative interest. What do you care how much is bitcoin now if you keep it for 10-20 years? Bitcoin already showed an example of the growth in price by 500% for the year. All have forgotten that bitcoin in the beginning of this year was worth about $ 1,000.

If you're planning to hold on to your bitcoins for years, then you are absolutely correct.  There's no need to obsess over the day-to-day price gyrations.  If you're trying to grow the number of coins you have by trading, then it matters a lot more.  Either way, however, I think it is important to keep track of the price and news over time.  There are still--and always will be--risks to bitcoin's price.  I think it would be unwise to hold it blindly for 20 years.

Don't think this is going to happen. The price is still very volatile these days, goes ups and down all the time and I think this scenario will continue for a while. But the price will remain somwherevbetween 3000$ and 4000$, not lower than this. Maybe close to the end of the year we could see Bitcoin close to 5000$ again.

This perception looked very wrong to me. Because the market is not deep enough so that you can feel that confident for bitcoin. Even little actions can cause a decline in bitcoin price.

I am hoping that it will not but it is not bearable there are many things that affecting the price like those news that caused a decline in price . As of now the price is playing around $3500-$3800 and it looks like going to steady at that situation for a few days or weeks . Once it drop lower than that there's a possiblility that it will be continuous until it goes to the price that you were saying .

Only way it drops that far in the first place is if we go into a long bear market. I doubt we can drop 50% in a day at this point. I hope BTC does go down a bit though so I don't miss out.

The problem with these ranges that you quote is that they don't hold for even a week usually. Bitcoin is a volatile asset and people are just looking for the next news item to drive it up or down. If we head downwards, we could break $3000 easily.

It not stable, now Bitcoin in neutral trend, therefore you do not see any signal or strong fluctuation on the market. Most of the traders are waiting the move of whales, I think we should keep our patience to see next move of whales too.

At present the price of bitcoin is in a stable manner growing towards $4000. While the price started to fall none expected that it will reach that low to $2900. All of the sudden the price once again started to pump and now this has been once again getting to reach $4000. On the whole patience is the must to benefit.

Ya it is true that patience is needed in trading and right now bitcoin price is moving between 3600 level to 4100 and breakout to any side will give bitcoin 500 ticks difference.

I don't think we need a long bear market to have another drop.  A lot of corrections tend to have at least a couple of waves down.  The first major one bounced around $3k.  If we do get another wave lower, it could be just as quick and decisive.  The bounce around the $3500 area yesterday indicated some good support there.  But if that breaks, we could fall to $3k in a matter of hours, and if that doesn't hold, we'll get another quick drop down by several hundred more.

As long as we stay above $3500, we are good to go. But if we lower, the resistances start getting below $3k.

Let's hope that the Amazon fake news pump can be sustained for a couple more hours, if we close with a green candle for monday, we will be safe above the 200 day moving average, and that is what im watching all day today because its crucial. If we manage to cross the MA on 1 day chart im positive that we will test $4k and it's looking good.

I do not think that BTC can drop near 2k anytime soon.  Even if the upcoming  Bitcoin network upgrade  create another split.  I think Bitcoin have lots of supporter and investors that are willing to catch Bitcoin if i goes way down to less than $3k.  Besides, the upgrade signals bullish Bitcoin so probably it will go back to $4k or even break another ATH if the upgrade is a success.

nope i don't think bitcoin will drop at that price even tho bitcoin is not stable right now and drop under $3k . the demand  of bitcoin today is high than last year so bitcoin won't drop at that price but it is possible if there's another panic selling will happen right now. if the demand of bitcoin decrease so the price will decrease also.

Very likely that Bitcoin is going to go down to that level perhaps next year however this is probably not going to happen this year or this month. The bull market is by no means over right now and is still going despite the sideways movement generated in the past few days.

I expect the price to go up to at least $4,000 per Bitcoin by the end of the month this is because right now with on the verge of recovery and we're already in the green for today.

The floor is pretty much firmly set at $3,000 right now we don't think we're going to achieve a level that is less than that.

There's a possibility to fall down bitcoin into $2000 while it is only speculation but since bitcoin value now is started to raising up. Hopefully it will become stable and continue for long run of time, because Christmas is coming more users needs an extra income for this coming December. I wish that this coming last quarter of 2017 bitcoin value was totally recovered to banning of ICOs in the Chinese country. If it is happen I'm sure that bitcoin in crypto currency society will fully back into normal fluctuation.

If there is not a big crisis, it will be very difficult to fall to the level of 2000 dollars, because it is very unlikely that it will reach 2000 dollars level because there will be buyers who fall to 3000 dollars level.

I don't think that it's going to happen especially when you consider the fact that currently we are in the middle of another bull run(up around $200+ from 2 days ago), the momentum is much more likely to push us over $4000 instead of dropping to $2000 which is half price all of a sudden.

We only broke $3k barrier momentarily and that was because of a panic dump.

Right now, demand for BTC is back up. $2k is probably only gunna come in 2018 or 2019.

I don't think bitcoin price will drop back $2k.price already drop $1k and now stable range $3500 to $4000.I think this time price will reach 10000 USD.there is nothing be worry I think this dump happening as usual buy back.many people selling their btc on this hype.don't fall in trap of this hype.

yes it is possible if we sell out all of our bitcoin that's how it works.

It is always possible to happen, but it is also a right time for us to buy bitcoins for investment. It is normal for us to got panic because of that price drop if ever happens but we all know that bitcoin still have potential to rise.

This should prove to be highly unlikely for this month.

I really expect price to be pretty much stable at the $3500-4000 range for this month and the next month because there is no real positive news but no real negative news apart from chinese rumors either. We shuold simply see a lot of sideways movement.

To go down to $2k this or next month would be impossible. Maybe next year as others suggest but definitely not this year.

I am reading chart patterns from crypto analysts. That's why I sold my BTC at 4k. BTC is possible to have a huge dropped when it breaks the support lines at 3200usd, 2900usd and 1900usd.

Anything is possible, it could even drop below $1000. But it is proving to be resilient. After the Chinese debacle it is still trading around $3500. I doubt if we will see $2000, unless something drastic happens.

good that you made that mate and just wait again for the dip so you can buy back and wait again till the price rises up again, we just need to have
more updates then we will see if this level can be possible but until we can see support @ 3k$ we are still can say that we are safe and it cant be
possible to happen yet.

Well I don't think bitcoin will dip to that price and even it doesn't face any further difficulties but now it is the right time for the bitcoin investment as I strongly feel the price will soon rise...

Bitcoin's current price levels are showing strength and holding tightly above the 3000 area.
The way it consolidated from such a stressful level shows that the whole drama has finally come to an end and it is currently gonna hold between 3500 - 4000 and may rally once November kicks in and issues which hinder it hard will get out of its way.

As what happened before it touches 2800$ so that the nearest to 2000$ the best opportunity you should have bought bitcoin. But if you haven't have time at that day, at 3600$ - 3700$ at price now is still a good start to begin with. As it will eventually increase its price this next few weeks.

Yes, bitcoin will never drop down to that low value in a short time period. Price fluctuations were found commonly with each and every digital currency. At times the fluctuations happen in large scale during which users get panic and tend to sell. The same time were used as an opportunity to buy to profit by the large volume holders of digital assets.

I believe also that it will not go back in that amount too, it may go dipper from it's value now ,but not to that point of being too low. Bitcoin will be playing around $4000-3000 price only.

Its not the first time for the marketcap of bitcoin to have a drop. It happens every now and then when there is an event like this (China banning exchanges), and bitcoin have always recovered from such situations. So, we are hopeful for it to recover again and touch $4k again soon, so that we can have a deep breath and stop panicking that it might drop too low so we should sell our bitcoins.

Check the price value right now in your wallet simply you will be able to get the high payment since you sell it now also. Price is now seems around 3700$ henceforth bitcoin price is better in stands.
We are seeing adoption every time from the past one week then you can see the 5k USD with in 2 months.

I don't think bitcoin will drop back to 2k levels. With the China news there was a dump to 3000$ which was shortlived as the prices went up again.
There is a strong support around 3500$, so I don't think it will drop in the near future below that mark.

I don't believe that bitcoin can go down in $2k range as the support is looking good and also there aren't any FUD recently which cloud cause further loss of marketcap of bitcoin. I also am speculating that the price will be in the same range in which it is as of right now until the next segwit lock down or it can also increase if any news comes up favouring bitcoins. So best bet would be to either buy right now in this range or wait and hold on to whatever you have till next price movement, as the next pump will be bigger than any pervious pumps and will cause bitcoin to rise to new all time high.

bitcoin has been holding on strong for like a week starting to look safe to come back in

Honestly, I don't think so that it would go down to $2000 again at all in our whole lives. The maximum down which it can go now, can be $3000 at the most. But near $2000? Nah, I don't think so.

Buy bitcoin as much as you can while you have time, that's all what I can say from my past experiences.

Each level has its buyers in the ecosystem. If it goes down to 2k $, this will make another buy wave and the price would go up very quick.

I don't think it will go below $2700 soon.

It look like as the price of Bitcoin want to breakout $3,000 in few months ago, Bitcoin also dropped to $1xxx but it did not keep in a long time. Only three hours it had recovered to $2xxx and kept in that price range.

I want to doubt that bitcoin will ever be dropping again near $2,000. Just don't speculate backwards as we must be heading forward and we shouldn't rely on this price anymore. Look that we didn't missed another bad news from false news spreader and also from a demon FUD that starts to do something crazy again and keeps on hitting crypto currency as of the moment. The price didn't reflect from these words so we are good now.

Yup! I agree with you I really think that we would not see the flat $2000 mark value ever again and in the recent FUD that Dimon guy ever spouted have surely drop much value from bitcoin this time his thought about it never reach certain users, I think some have known that his words about bitcoin are only nonsense or maybe because Bill Gates positive feed back about bitcoin give them the edge to rely on it, because Gates is a humanitarian that they realize that bitcoin can surely be a solution in the poverty in certain poor countries, maybe that is the way people think right now, there are a many ways that is why bitcoin value are dropping and rising at the same time right now.

$2,000 flat is never going to happen again let's just think that we are on up pattern right now and don't ever think that bitcoin will be dropping again near $2,000. And because of those FUD this is mostly the reason why the price is falling and people are keep on selling their bitcoins because they are fear of missing out  as the price might go lower and they don't want that to happen.

Very unlikely this will happen.

However, it is possible if enough panic is generated thrtough the closure of the BTCChina exchange and if media continues to upload negative news articles about bitcoin and spread rumors regarding the Chinese bitcoin scene.

We have strong support at $3k as well as $2k - demonstrated by the last dump. Otherwise, we'd be already at $2.5k which we are far from.

I don't think so that bitcoin price would fall down to $2,000.Even when bitcoin's price fell to $3,000 due to china's actions of banning ICOs and strictly regulating bitcoin exchanges,we saw an immediate recovery to almost $4,000.It clearly showed that there is a huge buy wall which has prevented bitcoin price from falling more.Its because bitcoin has users world wide and it is no more dependent on a single country for its progress.

So,its better to buy now.But if you still wait with the hope of bitcoin price to fall below $2,000,then you would have to regret just like people who regret for not buying bitcoins at $1,850 before august 1 just expecting price to fall more.

It shouldn't drop that low any time soon or at least this year.

We have very very firm support at $3k. When we see price drop down below that it is always temporary and very short lived, and very very soon the price is able to bounce back up again because people know that it is a cheap level to accumulate at.

Next year i think we may see $2.5k per coin as the bull market slows down, but still, $2k seems unlikely.

inevitably like all currencies it will have a dip but there's no point in waiting and sniping the dip. you should consider now or any point at which you look at the currency the low point and start buying in from there, there's of course other schools of thought and other strategy behind this but buy-and-hold is a time with strategy no matter when you enter.

I don't want btc fall to $2K. There's no compelling reason to push it down the way it once was. I am optimistic that, even btc will be more expensive again next few years.

I don't think so that price will fall back to $2000 it would struck in $3500 to $4000 for some time.Even if it falls to $2k it will be a opportunity to buy bitcoins at a lower rate and this will be profitable in future as bitcoins will rise again and reach a new level.This drop is temporary cause of China banning ICOs and maybe banon bitcoins exchanges, Bitcoin will recover from this soon.

Ya I think as like you. The price of bitcoin will never or ever goes near to 2000$ at all .Few week back,China banned the bitcoin, what is the lowest value reach of bitcoin. It's only the value of 3100$.Now the Chinese traders are moved to Japan.so they also start to mine.I think the price of bitcoin will reach the value of 5000$ at this end of the month. If so,the long term holders will have very huge profit.

Every body want to buy bitcoin at the cheaper of $2,000 but may not be possible for now, even if China should ban bicoin, it's market value may not nosedive to the turn of $2,000. I don't see it coming though but if it eventually happen, that will create an avenue for people like me to buy more.

I don't think it will go below 2200-2300 resistance, if it does it will cause mass hysteria and could be the end of all crypto currencies.

A realistic bottom could be 2700 but even that is bad.

I never believe that bitcoin value were fall down into $2000, because were all knows that even bitcoin project is successful in crypto currency industry. The developers of this coin were not stop improving it, due to they want to return the satisfaction of all users.

If bitcoins will dropped at 2k or less than. I will buy as much as bitcoins I can buy. That' the right moment to invest in bitcoins. But in the other side the people who holds and already invested in bitcoins, they will worried if this phenomenon happens. For me I still have faith in bitcoins what ever happens. I still continue bitcoining as long as I have free time. I'm usually gaming in my free time but now I'm bitcoining in my free time :)

I think the bitcoin price will not touch the $2000 figure anymore for the next and so on. I'm sure the bitcoin price will continue to lead to altitudes well above $2000 figure.

many of us don't want bitcoin price drop near 2k including myself. but i think every possibility could be happen as we know bitcoin price is volatile and many people is still gets panic when they know bad news is release. we need to be strong hand to make the price is up more than $38xx and even for reaching $4k. i hope that there is no bad news that cause people going to sell their bitcoin and makes bitcoin drop again like before.

I keep looking for that to be happen to buy some but the price of bitcoins for now seems go stable and maybe this is a good basis for us to see that there are upcoming pump will be happen to the btc and we should stay watching for this one closely so that we can earn whenever the pump started to occur, and 2000$ downwards seem impossible to see and we should expect that soon 5000$ will hit on our heads on the future.

Of course the price of Bitcoin can not decreases to $2,000 early in this year, not easy to dump near that price while the Bitcoin community very strong as now. But, remember it does not means the price of Bitcoin never drop down to $2,000 again, it will happen in someday.

Nah, I don't think so. There's no way bitcoin is again going to be less than that (at least in the next 20 years or so).

I say, its time to buy. There'd always be the time to buy bitcoin, it has no limits. Five words I learned from my past experiences with bitcoin "Buy now or cry later!".

All has the possibilities on sudden price decrease but seeing on the price support of bitcoin its hard to to believe that it would reach again 2k price.Just like yours im always regretting on not to buy on those possible bottom prices and seeing the price have climbed up and i do say to myself that i did miss again on making some good money on those movements.

I can't understand why everyone is so worried about the reduction in the price of bitcoin? Even if we assume that bitcoin price this year is $ 2000 then it will still be 2 times longer than was the price in 2016. Is that little growth!!! Everything is fine and bitcoin is growing.

The price never goes low to such a price. Maybe the fluctuations might happen taking the price as low to $2500. This too doesn't have higher possibility, because when the price was around $2000 the user base was much less compared to the present. In a very small time frame very large number of people started to be a part of the cryptocurrency network making use of it on different occasions.

The issued of bitcoin banned in china made bitcoin prices a week ago when the price was close to $ 3300 I had thought the price would continue to drop even below $ 1500 but the fact is when the $ 3300 price in a day the price returned $ 3600. I think it's hard to get a price below $ 2000.

This is bad excuse for taking prices down.Maybe there will be more powerful news which will affect prices more deeply.But in China's case this is zero sum game and China made first step ;)

in fact people have good investment in bitcoin in present price therefore they are worrying about the price not to drop to such a low price ,in fact every person want to get some profit while investing some money therefore they do not want the price to fell down below 4000$ and i am hopeful that the price of bitcoin will not decrease any more and now the time is to have a good increase in the price of bitcoin.

I hope you did not sell your bitcoin like those panic people.I hoard my bitcoin whatever it may happen because i bought my bitcoin at $1,800 then if it reach at $2000 i will buy more to add in my hoarding but it did not happen because the lowest reach is only at $2,8000 and now value is reaching for $4000. We dont know if there is another accurence that bitcoin will drop but if that will happen $2000 is my lowest mark to purchase.

well if some big countries again banning bitcoin there is possibility that bitcoin will go dump in 2k or worse in 1k, I hope it will not happen.

Don't even think about it. The worst had already happened in bitcoin in the recent years and its progress right now won't be stop by just one country banning it.

$2K for BTC is unlikely as of now unless there is a earth shattering news about it. This will start picking up and should correct itself to at least $5000 during October.

For every thing, their will be a  up's and down.So bitcoin also have the up's and down.You have to act wisely to get profit in bitcoin. When the price of bitcoin reaches the maximum means,don't waste the moment. Just sell Your bitcoin. If the price of bitcoin is reduced means, just brought as much as you can.

I think this will happen if the bitcoin goes down approaching 2 k because after seeing the graph g this happens when ya bitcoin can be continuously rises up to 5 k in October. Indeed the price changes are frequent but bitcoin it is just temporary until at the end shows the things that make us happy when viewing it in the price changes that occur

I know FUD is everywhere but this won't happen. I'll be not surprised if btc lowers down at $3500 or $3000 but 2k is too impossible. The graph shows that even if bitcoin decreases it's value it always manage to recover and climb back to $4200.

If you say bitcoin will go to $10K i think this is not FUD, bacause look at several years, from 2009 to Now. The price only gain and i never see significant decline

I think there no more chance that bitcoin will be drop into that price since bitcoin is already breach the wall of $4,000 dollars it may fall but in the oricw range of $3,500 only or maybe in fall from 200-300 only as the users todays they are grwiing and growing.

Bitcoin dropping near 2k usd will not happen anytime soon. Since the ICO ban in China the market already showed it is capable of adjusting and keep on going. Dropping to 3k usd and slowly it rose again to 4.2k usd. The dips can be a great opportunity to buy though. Moreover, let us anticipate November fork and drama so that we can proceed to a new fresh year of 2018 with a possibility of a new all time high.

You can try to wait for the Segwit 2x FUD. This is a perfectly foreseenable change and you can speculate on it. But I would suggest to buy the dip, not to short BTC. History prooves that short BTC is extremely risky.

I think that may happen but maximum chances are of the contrary to your statement. The current scenario make a little trouble to all traders but that is only for some odd reasons we only assume. I don’t think about the degrading till 2k and hope for the uphill now.

Can't agree with you more as your perspective of the goings-on in the industry is right on spot. The second leg of Segwit2x is a hard fork but it does not have the endorsement of bitcoin core developers and the rift if not checked or properly addressed could lead to a split in the network.

In the face of that, price of Bitcoin can be expected to drop, but it should not be a time for panicking, let the uninformed and gullible people help themselves to that luxury. You and I should instead position ourselves at the possible dip that could ensue and start mopping up as much Bitcoin as possible from the market.

Many traders are inclined to the idea that the price of bitcoin will now go up. And only in November we can see a decline. But I do not think that the price drop can still be so strong to reach 2000 dollars

In November a price drop is expected based on the splitting, but I don't think a price drop happens. Even in the past splitting from the main chain its expected to have a decline in the price. The same got overcome with growth, and upon that incident I believe price increase happens rather than dropping low.

No, it isn't going to happen, bitcoin will not return to 2000. In the next weeks the bitcoin value will stay around the 4000-5000 value or is going to increase. Some people say that the bitcoin value will increase in the next 2 years until 20000. I do not know iif this will happen, what I am certain it is a 95% chance that the bitcoin value will not return to 2000. If you bought when it was just under 3000 you made a good decistion, not its value will continue to appreciate. 

After last correction later china's bitcooin ban news, now bitcoin price is started increasing from that time to moving forward yet. We have to understand the potential of bitcoin before creating these kind of thread.
Bitcoin is all time good to invest and buy anytime because we can expect the price to reach 10k or even more in future. Henceforth, we can do that at anytime.