Bitcoin Forum

https://www.coindesk.com/when-bitcoins-price-breaks-down-it-follows-a-pattern

Says that BTC might go down less than 2k is this possible and how fast will it go up?

I also saw that the ETF decision was postponed how long time do you guys think it will take for them to conclude a decision?

It is possible, then probable it will rather suddenly shoot up to higher levels as has been its pattern over the last decade.

You must understand one thing about price first. If I say I want to buy bitcoin for 1$ then the price of bitcoin is 1$. If I say I want to buy at 1000$ then its 1000$/bitcoin. This is what the demand is. Now the supply is another question based on what the seller decides to sell at. This has nothing to do with the long term value of the asset. Even if bitcoin drops people will buy it because they support it and they know how much it can go up based on prior experience and thus the speculative value of this asset.

An ETF being postponed is nowadays no longer important. Crypto has come mainstream a lot more than yester years so give it time to grow and be adopted by new blood.

ETF postponed its decision until February 27. They no longer have the right to postpone the date of announcement of the decision.

I think Bitcoin will fall to 2, 000 - 2, 500 and the growth of cryptocurrency will start in February

I also have a piece of mind like you. An ETF being postponed is nowadays no longer important. The up or down depends on supply and demand. However, with what is happening, many people are trying to sell it to cut holes. Or maybe people have bought it cheaper than 2K before so this time is still a good time to take profit.
So with my personal view, the BTC price below 2K $ is possible and even goes down more than 1.5K $.
But I believe it will come back and be stronger because investors and funds always see the true potential of it.
I will also spend some money to invest when the price drops to that level.

Old crypto investors are out of the game most of them are already millionaire..

New crypto investors who jumped in after the summer 2017 are locked with there money in coins.

If they have no more money to buy and can't create a new mass of buyers then the price will go down more than $2000 for sure.

There is much money needed to pump the price up.


Some guys bought ETH for $8 and exactly 1 year later they dumped for over $1000..

These guys who bought in for $1000 where ready to buy for that price..

But if they will make 10x or 100x they need to find new investors who are able to buy for higher price.

Much money is out of crypto.. More then $700 billion dollar is taken by old crypto investors. These guys will not look back they are enjoying there life.

It will go around $1500 as far as I believe, but surely it will hit up in next year. If you are holding BTC, then this could be right time to sell or later.
The demand of BTC is now too low so the price will drops.

I hope in despair below 1000USD for some time, and looooong nothing after that with low movement up/down. The boring time may take even for years. The impulse for growth will come from 3.0 blockchain projects, bitcoin will be a dead grandpa on retirement.
Nevertheless, bitcoin will be and already is a part of history, a selfish memorial of human greed, delusion and environmental arrogance. Bitcoin will go to schoolbooks.

this is bad news, after BTC got a lot of attacks in this year, especially the hash fighting lately, so I predict that BTC will reach a value below $ 3000 later this year.

this is very sad, if the battle hash and large sales transactions often occur, then BTC can go down to $ 1500.

With the way the market is going, the bears are overwhelmingly in full control. They have overturned every predictions of recovery so it is possible that BTC will fall further.

yes, BTC will fall lower than now, I doubt BTC will stay at $ 3000 by the end of this year.

FUD waves this year often come to destroy markets and create panic.

And why not to make panic? If the price is high, it must go lower, there is no sense to have bitcoin for high prices if there are no stupid people to sell them or if you have already sold and you need to rebuy lower. No, nobody with a half of brain will buy bitcoin after it has grown up. Only sheeps and they are already gone so we can safely go down, rebuy, and after 2-3 years after sheeps get new wool start a new bubble with new crapcoins etc.

It's the reality that anytime bitcoin can go as low as even $1,000 and as fast as it can like a flash.

But don't think too much with such predictions, look at the progress and dominance of bitcoin nowadays, notice that thing.

To be honest, no one has the right answer for this people might just give a speculation and most of the times it will not work according to it, panicking unnecessarily will not give us a hope or satisfaction. there is no assurance in trading anything can happen over a night that's the highlight of cryptocurrency.

https://longforecast.com/bitcoin-price-predictions-2017-2018-2019-btc-to-usd says its will be arround $1000 december next year. I do not know how reliable this site but but its constantly update based in some calculations. Yesterday it hat $900 at the same place I think.

I think I should rather believe that then in some idiots who claim $15000 by the end of the year (some bitcoin Guru claimed that). I am fucking sick of this I already lost money by fleeing into stablecoins when I thought the button was reached. At like 3700. Then I got into BTC and ETH again when BTC was like 3800 because I thought its going back up again. And now its falling again and I should just stay in the fucking stablecoins. My actions causing me even more losses. Fucking Crypto I should get out at the beginning off the year. And ETH is has even fallen quite a lot more in the last 24h. And I of course have more in ETH this time. Its like I am cursed. Fucking masternodes all losing value like crazy that they will of course never regain even when BTC gets back up.

but of course there is still a possibility that ETFs can be delayed again, for some reason or what will be given, but if this continues to run, then there is a possibility that bitcoin will drop even worse than expected. Likewise with the development of the ICO, it can also have a bad impact if the dev only gets funds and then sells with reason of securing assets

Of course not because it will cause chaos in the market and everyone will just leave the cryptocurrency market

Hester Peirce, one of the five SEC commissioners talks about how the commission approaches cryptocurrency-related matters:

https://coincodex.com/article/2722/hester-peirce-comments-on-how-the-sec-approaches-cryptocurrency-regulation/

It might even be under 1$ and nobody guarantees it. The only thing that affects the price is '' demand and supply '' and they deteremine price. Price will not always provide us earnings, who understand it have already taken their measures.

In February 2021

This market is full of surprised and anything is possible. I was a strong believer that we won't see bitcoin below $5900 and yet here we are. I looked through the atricle but I don't really believe long-term price analysis, so I cannot say that it was convincing. Bitcoin might do down, but I hope that it won't. What I hate is that instead of providing neutral analysis of the situation, once the price drops even some of the most respectful news portals are concentrating on the negative and the potential of futher downward trend. This, in return, makes even more people break and sell their cryptos.

When i see this market condition i can say that the price go down to $2000 level easily. In last two months the fall couldn't stop and it got into very unpleasant way. Also if the price reaches $2000 level quickly the price can go like $1000 before the new year. If that happens with the panic sell the market can have biggest crush.

According to technical analysis, bitcoin falls with a target of $3200. If there is no manipulation, then after such a fall, growth will follow. It's my opinion.

TA is unreliable when it comes to predicting Bitcoin moves. There are as many predictions as there are analysts. For example most analysts that were called bearish were predicting 4800 when Bitcoin was at 10k USD. People were telling them that it won't go that low. I also thought that 6000 is the lowest it can get. And as we can see even those bearish analysts were wrong and we went below mining profitability.

Even how hard this bitcoin price falls down, it will always go to start, i think the cycle is near to end because we all saw a huge/massive drops from weak hands, lets wait for the next generation massive adoption of crypto and we will see the big difference, because the existance of crypto is unstoppable.

If it's really going to drop to $2000, it would be better if it happened as soon as possible. The longer the bear market lasts, the longer we wait for the bull run. I hope that this will happen in December and in the new year, prices will start to grow ..

The market isn't here to please your greed. If you want to invest, do it based on the fundamentals, and not because you hope there will be a bull run at whatever point in time. If you purely invest for speculative purposes, you are wasting your time because we might not see a bull run like the previous one in the coming two or so years.

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I wonder how much selling is happening for the sole purpose of noting a loss before the end of the current year to offset future profits.  ::)

It really seems that the selling that's happening right now is more an attempt to tank the market further rather than actual panic selling from traders/investors being afraid of what has to come.

Yes, it's very possible.


Would you honestly accept any answer someone could give you on this? It might go up very fast. It might go up slow. It might keep falling. Nobody knows nor can they tell you anything definitive as nobody can predict the markets.


They probably won't ever accept it now. The fact that bitcoin has lost so much value so quickly is going to spook them and that's one of the things they were already worried about. There's probably also too much insider trading going on which is likely what caused the all time high rally in the first place. Might as well forget about the ETF now.


Probably not much. I think people are genuinely panicking and they have a good right to be. For some people there's not much point holding onto a sinking bag with no end in sight and some get out whilst they can. I think bitcoin will probably bounce back at some point but I wouldn't bet money that we'll ever see the ATH again or any where close. 


Why would anyone do that? If you have bitcoin there's not much point in making it worth less. I think people are genuine just panicking. Why would they take the risk and wait till it hits sub 1000 levels before they sell. Some people are just cutting their losses and taking what they can now because nothing is guaranteed.

imagine the following: many people are in panic and are selling their coins, all news channels begin to spread the news that some expert said that the price will fall to  $1500, people who are already in panic read the news that the price will drop to  $1500 so the  panic sale increases, if all people are selling because they read news that the price will drop for $1500, how many people will buy for the price of $3400? we have more sellers than buyers and result, the price will fall.

About another question, the price will increase when there is a lot of demand, in a nutshell, it will increase when you have many people buying, now nobody can tell you when people are going to buy many bitcoins

The only reason I can think for them to postpone the ETF decision multiple times like this (wasn't the decision supposed to be made way back in September originally?) is that they they Bitcoin could be getting close to the point where they will accept the ETF and so they are pushing it back so much in order to possible accept an ETF rather than deny them and then wait to start the process all over again later next year.

I'm guessing they are waiting until BAKKT is online to reassess the situation. I don't see why they would keep postponing it if they were like yeah there's no way we are allowing an ETF anytime soon.

I don't see it going under $2k. I think under $3k is definitely possible, but $2k is A LOT lower. It is possible, but I think very unlikely. But really just depends when people stop panicking. In general I see $3000s and $4000s as the "stable" price for the bottom this next half year or so, with maybe a brief dip under 3000.

I do not understand the logic behind this theory that many people have.it is probably the wrongest theory i have ever seen. if bitcoin is down to 3k from 20k how is it difficult for 2k , 1k or even 500$ ?

There is no limit of howl btc can go to, 1k is possible just as much as 20k. 

If somebody would ask me this question this summer or even autumn, I could answer negatively. Now, when the market is red, and the cryptocurrencies prices are down, I can say - it might happen but I hope for the best.

Please read this topic about Bottoms are ALWAYS higher than your idealized entry point (https://bitcointalk.org/index.php?topic=5082075.0). Price for Bitcoin could go lower than 2k USD but that scenario is highly unlikely this year.
It is easier to say than actually do it, but do not let emotions drive your decisions.

It is not about whether the price of Bitcoin falls below $2000 this year, but if ever it will fall so low. I also think that this year it will not happen, but if the trend does not reverse and prices continue to fall, in a few months $2000 is possible.

When BTC was at 20k my thoughts was that we will never see 5k-4k-3k range ever again , but look where we are now :) So if somebody will say it can go drop to 1k-2k range i would agree now :) Everything is possible in crypto i guess

We are already broke historical oversold and stochastic on the week and month long candles. All without having true capitulation volume. So yea we can and probably will go lower, need that real capitulation volume. Accumulation can't being until then.

If the market will lessen the demand everyday then there's a big possibility that the price of bitcoin will shot to the sink hole and this will create the pressure higher as those people who bought at $5k above will get in panic to sell their coins. Another chain reaction will happen.

See the ups and downs are calculated based on the demands also the supply, if there is demand for coins definitely the value will soar up. At this moment big whales are taking advantage of downfall and this is one of the main reason for manipulation, if some big shots involve and make investment in crypto the value will turn hot again.

No  ;)

The market is full of surprises, it can go lower than 2k tomorrow or next week, but I think all of this is just a short term prices.  What matters is how and when Bitcoin will recover.  We have not seen much of the good news but nevertheless, it is the sellers decision if they want their Bitcoin to be sold at a price lower than how much they bought them.  If holders feels that it is ok to sell Bitcoin lower than $2k then it is inevitable.

Bitcoin is the currency with maximum price fluctuation so technically it can/ may go to 2k$ or even 1k$ but as predicted by crypto-analyst it will go to 3k$ (the lowest price) because every 4 years it was seen that there is a crash of 80% happened with bitcoin price so bitcoin is already at lowest price of all time so I guess it will not go to less than 3k$.

$20K was the beginning of a long term distribution cycle. We're a year into that cycle now, which is a very long time for Bitcoin. So time is one factor to consider here. Bear markets don't need to reach any price levels in particular. They just need time to play out.

Another consideration is the lower the market goes, the more coins it takes to keep pushing price down. Put another way, it takes a lot less $ to maintain the price at lower levels. At $3K, a dollar has much more buying power than at $20K.

$1K or $500 are certainly possible. They're probably just not too likely based on historical performance. The worst crash after a bubble was 2011 at nearly 94%. If we repeat that outcome the target would be ~$1,230.

What do you mean the bitcoin price is at it's lowest of all time? Up till early 2017 today's price is far higher than any price in bitcoin's history. This leaves a huge percentage of coins held by people in profit - assuming everyone holding coins prior to 2017 has already sold is a bad assumption. I bet the vast majority of coins held today would still be profitable for their holders if the price fell back to 3 digits.'
If all you are referring to is the drop from a recent high, that's not only an irrelevant and meaningless point, it's not even close to correct. In 2011 the price went to $32 then back to $2, a much larger drop than this one so far.

It's so hard to make any prediction or speculation these days. We all have seen how unpredictible Bitcoin can be. This dump we are having now it's going on for a while and it could continue further. So, yes in theory it's possible for Bitcoin price to go even lower. At the moment I guess that supply is still higher than demand so there is space for price to go down.
Still I hope the price will not go lower than 3000$, that is also prediction of some analysts and that with next year it will start to recover.

In the end, this market is purely about what people are willing to sell their bitcoins for. Once you run out of people selling for a loss, what you have left are people in profit. And if demand isn't there, the price will continue to drop until you reach the point nobody left is willing to sell at the current price. This could be very low because of all the years bitcoins were bought at insanely cheap prices compared to today.
It's all about use cases, and right now with the inability to scale, lack of retail adoption and horrid storage of value over the last year it's not looking very promising for this drop to stop anytime soon.
Simply looking at price trends expecting a recovery to new highs in a few years is not the smartest way to approach it. The focus should be on the use case of bitcoin now and in the future. It's hard to make a case for considering how poorly the network functioned during the peak activity a year ago.

There is no hope, if cryptocurrency wants to go back up at least to the price of $ 5000 then there must be good news and make it happen, but if there is none, I'm sure bitcoin will decline again and even $ 2000, privously, bitcoin prices fell from $ 6500 to $ 4700 and a few moments later declined back to the price of $ 3200 some time ago.

we are at the mercy of the whales guys. they call the shots, always have and always will. all the exchanges are all just as corrupt for letting this behavior continue.

Surely it will be going lower than 2000$. Market trend is showing that in first week on January 2019, it will be touching 1500$ to 1800$. It will be eliminating scammers and part time investors and traders. It will be making new audience in 2019 with new incentives. Then it might go up to 10K$ again. It seems impossible that it will touch 20K$ again. P.S It is my perception, may be wrong or right. 

Bullshit, this is not whale manipulation. This is simply more supply than demand, that is all. People are free to dump their coins on the market at will and that's exactly what's happening.

It's not impossible at all, in fact $100k or even higher is totally possible within a few years. What needs to happen though, as I keep repeating myself over and over, is the development of bitcoin needs to scale to much more transactions per second without taking hours/days to confirm and costing $20+ per trx.
I'm not the person to know if this is possible, lightning network seems to be limited to 2 parties who do business with each other all the time so a bunch of trxs can be added up to a single on chain trx, so it doesn't seem to be a solution for typcial peer to peer or retail to customer trxs, the type we need to scale. Are there any others being worked on? if not maybe just dumping, moving on and forgetting this thing called bitcoin is the best route at this point.

Forget about the ETF, if they ever approve it then you can begin to worry about what that will mean for the market of cryptocurrencies, about the other question I really do not think that is possible that bitcoin is going to touch the price of 2000 dollars, that seems like a price that is simply too low but the market can be very irrational and if people keep selling that price could be a possibility.

Yes usually people sell at very low price and others aiming to buy at cheap price. Their is a need of good news in the market to increase of btc price. Were close to end of this year and nothing change on btc so it is possible to go lower to that price.

Maybe will never know what will be happen because that news. We don't know what will be the effect of ETF postponing decision in the market. Much better to don't expect let's wait and see what will be happen.

I can tell you one thing for sure, that there is no place BTC can't go to. from a million $ to 0. everything is possible. but i rather take it 1 step at the time by using charts , i know many people think TA is bullshit, but it really what most people use to make decisions therefore many sell / buy at the same point creating both fomo and panic. so you need to watch the levels that traders are watching to act accordingly.

we first need to see the overall chart, bearish/down trend ! , it is always easier to keep moving in the same direction than changing to the other direction, so price tends to keep dropping until it does not. so we look at the potential areas of where btc could bounce from.

Levels of major supports

2700-3000$

1700-1900$

800-1200$

these are historical numbers that prices bounced from, so many buying positions as well as short SL sit around them, breaking each level will give more chances for price to go to the next lower level. so if we break below 2700$ then rest assure that we are very likely going to 1900$ and there will be no level of interset for major traders to buy anywhere in between as there is no Historical support there.

Next Resistance.

3700-3800$


4400-4500$


5500-5600$

as long as we are still above 2700 then the bulls are holding , the movement we close below 2700 rest assure the selling pressure will reach they sky.
same thing goes to breaking 3700, if we close above it, chances are we headed towards 4400$


----------------------

as an overall analysis of this current bear trend, the most support that makes sense is the high of 2014 which is 1100$ , the second option is 2700$. there support from 2700 to 1100 is rather weak and i do not it has any technical or physiological  reasons for a rebound from there, also there is a very good chance we remain in a side way market from 1 to 4k for another whole year before moving any higher. so be prepared for the worst.



 

maybe, when the price is dumped again, I think the price will be in the area of $ 2k. but, it seems like prices are starting to stabilize again. it's only a matter of time until the price of bitcoin starts to rise again. maybe when the price of bitcoin rises, the price will be above $ 4k, but if it decreases, I think it will be at $ 2k and no more.

There's a chance. I'm not sure it's a good chance. I'll wait to see if the $3K area fails. That was my ultimate target for this bear market many months ago, and I think it's as valid today as it was then. It's difficult to say where support lies below there, since there aren't many tested support levels until you reach the $1,300s and $1,100s.

One thing to remember is that markets love filling gaps. It won't necessarily go to a clear support level.

The reality about life is that everything is possible.  Having that rule out then we should look at the nature of cryptocurrencies and bitcoin in particular and how it price has been behaving.  Cryptocurrencies market is highly volatile and bitcoin can get to $2000 from the current price in just a day.  However,  it is also very possible that bitcoin should recover from it current state and resolve in a very high upwards movement in a day and more market capitals in just a day.  Trading cryptocurrencies market is very risky and making money from it is also very risky and that is why bitcoin should not be trading without carefulness.

We are all waiting each time some movements happen to the entire market, we can't forecast the right directions that easily things needs to consider and just in case he value will drop to that level another opportunities for bagholders to buy and accumulate more cheap coins and wit for a while before pumping it back to their desire amount.

It's quite possible because nothing knows about the behavior of this coin. We still didn't see any signs of bounce back and as of the moment, it has been stable. Lots of crypto users have been worrying about this scenario because probably they have invested from the moment the price is high. Still the question remains to be unpredictable and the question is "can we handle the pressure?".

Decreasing bitcoin at a price of 2k and even lower than 2k can happen because the value of bitcoin is not stable. But even though it falls low, but Bitcoin also has the hope of getting up and jumping, there's no need to panic, keep holding and keep calm.

you are very naive if you think that bitcoin price is purely determined by supply and demand especially in bitcoin or crypto. the miniscule amounts of bitcoin that the general public buys are or sells means absolutely NOTHING. your buy/sale of 1 or 10 or 50 bitcoins means nothing when you are talking about whales with 10's of thousands of coins at their disposal. if they have an agenda to dump the price or pump your buy/sale isnt going to get in their way. another way to look at it is on bitstamp for example, the total amount of coins on that exchange at any given time could be 20k coins trading back and forth between bots. there is a FINITE number of coins on each market. well if a whale owns 50% of those coins guess what? he determines where the price goes and the others who have 10 coins or 50 coins ride their coattails.
We are at a poker table and the whales have all the chips. They determine the price. Just like wall street, the institutions make the price. it has to look fair or come across as fair or no one would play.

It might be, but the probability is low, bitcoin can overcome the bad situation and it won't touch that rate of price as long as the supply and demand still working. So, it means that people still have to believe and hold, or at least make a move on their coins in order to keep the system of crypto existence stable, along with the price, the market, the supply or demand.

With the huge volatility in the market no movement can be discarded but it seems that for the time being the price of bitcoin will remain above 3000, we will need to see another sell off but this is getting harder as the weak hands and those that panic easily have left the market already and most of those that remain are people like us that are going to hold our coins no matter what and that are not interested to sell in the short term and lose our money that way.

It seems very likely that there are even predictions that say the price of bitcoin will be $1.2k nobody will know, so ahead of Christmas and New Year there will be massive sales that will make bitcoin prices continue to decline, there is no sign of increasing this year can only expect big changes towards a more positive next year.

It is not good to see lower 2k dollars. Better this time the price to become stable which us more than 3000 dollars and not to decrease anymore. But incase the price decrease very low better to us if we buy more.

I think that NY or Christmas will not influence BTC price. Everybody (I mean individuals) who wanted to sell already did it or are doing it right now. Now some institutional players are capitulating. So it not depends on holidays. This sell off will continue for a week. But yes, price will go lower. 2 800 is my prediction to the December 31.

It seems that these old crypto investors have exchanged BTC coins which were bought for a cheap price a years ago into alternative coins in order to conveniently sell crypto assets for fiat currencies.

Perhaps old crypto currency holders invest in some ICO campaigns with the purpose to cash out their tokens purchased for BTC coins mined long ago.



Do not take into account the total capitalization of crypto currencies that is shown on the website CoinMarketCap. The volume of sold coins is much less than 700 billion USD.

I do not want Bitcoin to go lower than $2000, but it is possible.

As a rule, at the end of every year we observe increases in cryptocurrency prices, but not many things is repeated in this market. I hope that the price of Bitcoin will never fall below $ 2,000, but unfortunately the information from the world is not good. I keep my fingers crossed so that the price does not drop anymore.

I also have the same hope. well, but the current price is really close to that price. even though we still think positively, we must really prepare for this. well, it can be said that the decline in prices hasn't ended.

Unfortunately we can only hope. The price is still dropping though and we've come close to 3k today. That's more than half the value a month ago when btc was steadily hovering around 6.5k. It's going to be a big problem for short term traders if it does go below 2k

It would be really difficult to reach there but at this point I wouldn't be shocked with any price. We didn't believe bitcoin would drop anything below 5.8 thousand dollars neither but here we are at 3 thousand dollars or so and people are afraid of another drop in the price, hence I doubt it would be a shock to anyone if the price went down under 2 thousand dollars.

I don't think it will drop there, I believe it will go above these prices eventually but just because I think price will go higher doesn't mean it won't go lower first. If it goes lower than there is really nothing stopping it going under 2 thousand neither, no difference than going under 3 thousand which it looks so close. It all depends on a big huge sell off by someone who owns a lot of bitcoins.

That's not a rule. The market has seen some bearish Decembers, like 2013 and 2014. That might be relevant here, considering how much the current chart looks like late 2014.

I've got mixed feelings here. On one hand, sentiment (including my own) is really bearish and we're hovering above major technical support. On the other hand, sometimes BTC just bleeds until capitulation.

Many people speculate it that bitcoin will go down to 2k price but I think if that happen it will pump again and it will be back on track again. Let's dint lose our Hope's and be positive that bull run will come soon.

We've almost touch <$3K, but the good thing is that we have strong support at $3K levels that's why the price didn't move further down because it will be really a disaster for everyone an we could even see the price go lower than $2K. But for now, it looks like the bears are really exhausted with all of their dumping. So let's just hope that we could at least see the price above $3K at the end of the year and be optimistic in 2019 and hope that we can finally see the a new bullish cycle.

Would you mind telling us what concerns you about the price of bitcoin to go deep fall below $2k?are you going to buy another volume?or just being curious for nothing?if does i am gonna tell that this is not helping

I don’t care if bitcoin falls to $100 because i know that this will recover in the future,though it may take long but i am sure it will happen

ETF will never come to reality so stop looking for this as a truthful thing because you will only feel bitter for this is a misleading issue,governments wont let cryptocurrency be legalized worldwide for their own reasons

But regarding to the $2k bitcoin value?I believe that this will happen next year if this bear continues to cover the market but if does,then thats the bottoming and growth will follow

It's too early to have a final say, market seems to be always moving unpredictably, and so it's not that easy to conclude ahead of time as to what may happen with its price in the long run. That figure can be possible or not, but I think what's important here is that we know the real deal, its nature and functionalities, on how valuable and profitable Bitcoin is. We have to realize and be aware that no matter how seems to have a wild swing of the market, it still can potentially recover. Stay positive, be patient, and keep hope high and strong.

I am afraid not,because the bottom will be 3k$ or less but not below $2k ,and ETF is one of the things that might save the market from this desperate situation,though its been taking long before the sec made a decision about the ETF so people might move on and do other things than waiting for this kind of impossible to happen

This year too many issues are directly affect the crypto market so many peoples are expect Bitcoin will reach 2k USD in crypto market. But reality this have good potential so keep buying in this dip is a right way and it is the only positive way to improve the Bitcoin value. So 3k is the target for this year but next year it will reach 30k also.

ETF is the tools governments and sec is using against bitcoin and cryptocurrencies market.  If we can just focus of seeing bitcoin as a mode of payment or money it will do more good than see it as stocks which ETF stand for.
Bitcoin might go down beyond $2,000 considering the state of the market.  I think now should be the right time for us to understand why bitcoin keep going down.  The momentum indicators are are showing more downwards trend and we should just wait if we want to buy at the bottom.

The year is about to end, I don't think that the price would go lower than 2k, but it has a possibility to go lower thank 3k this year, my hopes are still high and I think that you shouldn't stop as well, the pump is about to happen, if not by late December then it would probably happen next year, lets be patient and be positive.

The possibility might have pull bitcoin price below than what it is now, it is better to accept it already so it won't hurt a little bit later. Just keep hodling your coins to avoid losses during bearish market which is happening now. And about of growing up fast, it is still unknown but we have to get ready with patience just in case.

i dont wait that it it will drop down 2000 dollar.
3000 dollar is bottom for me, and chance for buying

I think bitcoin won't fall at 2k even though the market is very bad this year, 2018 is almost over and will enter 2019 and bitcoin will open a new sheet and be more likely to recover.

I think it will not be happened. Still a lot of people are joining and investing in bitcoin. Price can up or down but 2k is so low price for bitcoin. It is time for increasing the price. Hopefully within some days, bitcoin will hit a big amount.

This market is so young, so unregulated, I fail to see any way the future can be predicted. Even the best stock brokers in the world lose, very few ever beat the market, and that is a far more controlled environment. The only real trend that exists in the stock market is that it recovers in the long term, other than that its all just people trying to find patterns where none exist.

No one exactly knows that, will it go down lower than 2000$ or will go up greater than 20K$. If you talk about how much time it will take, then one day is enough for this. Selling event of 15 to 20 billion dollar is enough for this to reach in 2000$ range. Today it's market cap is 65 billion dollar. If we minus 35 billion dollar then it will be in range of 1800$.

No one can say what will happen in the coming future and moreover bitcoin's value is very volatile and it depends on a number of factors.How much investment is done in bitcoin determines its price.The forces of demand and supply also play an important role.If bitcoin is being banned in any nation then also it will affect the price.But I do not think that it will go lower than 2k.It has a lot of followers which support it every time as it gives them good profits.

But look at the price now, it hasn't move down yet. So, that means it has a higher chance that the price will go up or stay at this rate. Anyway, let's not rush the bull market to come since there are most important ones that would have to start first. And yet, ETF hasn't been accepted yet by SEC. I wonder what would happen to the market if ETF gets approval.

I can see it dipping under $2k even if it’s a flash crash. Two things concerning at the moment which could cause this:

- bakkt gets delayed
- global economy takes a sharp downturn

I don't think because the price of BTC in the market is above $3800 and it went upto $4200 last week this shows the positive affect on the value. So it is difficult for BTC to go lower than $2000. BTC has dominance of 52% over all the coins hence hoping for the best to come again for BTC.

hope that doesn't happen for now. well even though it is possible, I am sure the developers of cryptocurrency especially bitcoin will not let this happen. well, but I'm sure, there will be a price increase in early 2019.

Bitcoin had been very well known in the world of cryptocurrency for quite some time now. It will be impossible for bitcoin to be trampled to the level of $2000. Its reputation had been built for so long that even though there had been a high level of volatility and lesser growth this year, people still chose to transact with bitcoin. so there is no need to be considering it at level $2000. Stay calm guys.

People are probably getting tired of being told to be positive, they have been positive for more than a year and nothing has happened so in my opinion they have the right to be negative once in a while, if they think the price is going to go down then let them believe that even if we believe that they are mistaken, that way once that bitcoin shows them wrong they will have a reason to change their mind.

Suppose that happens, what you are going to do about it? At that point it will be a terrible idea to sell your coins because it will be unlikely that you bought them for a price cheaper than that unless you have been in the market for years, so there are only two options that could bring you profits in the future, one of those is to hold your coins, the other option that you can take is to buy bitcoin at that cheap price so you can get huge benefits when the market skyrockets.

Bitcoin going lower to $2k could happen, but by this time what we're experiencing seems to be a stabilization as the price has grown all of the sudden and staggering between the $3700-$4000 range for a longer time period. According to experts price is marked to reach to the maximum of $1500 downtrend if market isn't that supportive. Now markets were more stronger than the previous weeks.

if this happens, I'll rush to buy many bitcoins and hold on for the next few years, it would be something like my retirement


I remember that when the price was $ 17000 I told my friend that the price would not fall below $10,000, I was making fun of the times that the price was  $4000 and today we are below  $4000


But if this were true, would not it make more sense for the price to rise?

This is crypto, everyone doing TA is shouting from the rooftops about this signal, I can almost feel the disappointment on its way.

This is a heavily manipulated market at this point, low volume, a few whales could easily paint this signal on the chart for their own gain.

Really hope BTC dumps to 2k cus that's where it belongs at the present time. It will probably happen within a week or two due to Chinese new year celebration just as last year's dump pulled the trigger to ppl panicking.

We are seeing another run moving up to 4k barrier, seems that it can be last quarter rush and before the holidays traders are trying to play with the market again, anything still possible to happen and its need a closer look from each time frame so tracing what can be the possible next trend will
be anticipated.

3600 will be the value for these days. Then it will go to 4k area and re-test a lower value again. But i know that 3.1k will come again as strong support level.

there are many posts that say bitcoin will fall to 2k. but until now that hasn't happened, even bitcoin tends to try to grow even though the difficulties are in position 4k. I am more optimistic that bitcoin will survive at 3k
and maybe early next year growth will be seen

I'm just waiting for the best time to buy bitcoin at a very cheap price, but if you trade it seems like there are no symptoms that make bitcoin fall to level 2k. according to what I learned and monitored, bitcoin will tend to be in the range of 3k and go up a bit then come back down again.

It will never go lower than $2000, you'd be lucky to buy it for anything lower than $3000. The ETF is now just a pipe dream, the crash proved that it is too volatile for an ETF approval

Yeah it seems that Chinese New Year could be a factor to dumps the crypto prices due to many Chinese will sell their coins but I'm hoping that this will not give a bigger dumps to make the price go lower than $2k. Those who wants to buy bitcoin at lower price could wait until the end of Chinese New Year but it's not a guarantee that a prediction will go that way.

We have to accept every possibility to facing new trend and even several months ago when people and including me said bitcoin will never under $4k but in fact the current price stay below at that range and probably if there is no upcoming pump for bitcoin then it is not impossible to bitcoin there will be upcoming dump which is the price maybe will happened lower than 2k

It seems to me that now any statements from any analysts who predict for Bitcoin a further price reduction below $ 2000 are normal manipulations and should not be taken seriously, because all you can get as a result of following their advice is large lost profit, because you will follow the wrong strategy.

bitcoin price in 2016 was still $500

It is possible that Bitcoin could go lower than 2K, the market is the one to decide but if the sell off continues then those numbers are possible. I also don't believe that these low prices are realistic because as the adoption grows it shouldn't correlate all the time but no reason to give up price that's just too low if your a holder in my opinion.

What are you really sure? People will going to leave already wheb bitcoin reaches this market price. As we all know that it is hard for the investors if bitcoin market price will get lowerrl than that. This is somehow crucial already and the trust will be so hard to regain. Bitcoin will be mark as the biggest scam if it will going to happen.

chances are there bitcoin may touch 2k in the coming months and below 2k is the lowest dip we can expect thereafter again the market will bounce back

Nothing is clearly known to the users. Everything happens depending upon the market circulation with time. Various price predictions have been put forth by experts with different reasons for the same. In this way price of bitcoin can move anywhere, all that can be done as a user and a contributor of cryptocurrency is to hope for the best. If price falls below $2000 it'll be considered a good buy point and can see a large number of new users into the cryptocurrency network.

Bitcoin prices lower than 2k are likely to occur if the market gets worse, all possibilities can occur in crypto, and therefore become a risk.

Hey there’re no indicators showing that bitcoins will fall to 2k levels, last year they told us it’ll fall to 1.5k levels but it never did. If you’re seeing the charts bitcoins has formed strong resistance at 3.5k levels, and if it sustains these levels then we’ll see 5k and above levels soon. I’ll agree crypto’s are risky, but slowly and steadily we’re seeing upward movements and more adoption which shall in future fuel rally.

If there is a situation where the bitcoin would go below $ 2k, i think it would be very fast - within a few days, until a week. It would panic in the market, and many people would take it as a negative aspect and sell everything.
Unfortunately, the situation is now stable - at least it seems to be $ 3.5k. Anything can happen in this crypto sector. But rather i suppose we should not get there.

although there is no indicators shows this, bitcoin price could moved extremely suddenly.as we know before bitcoin price move up and down easily.no need indicators to show this.

in fact that doesn't happen right? Bitcoin prices have reached the bottom line. the price will not go down more than $3k.
the issue about BAKKT will make the price stay above $3k and if it is realized maybe the price will rise more than $5k..

No one can really predict this as the sec has not come out with right views about the ETF approval and this ETF approval has turned to be like a game in the cryptocurrencies world when sec is trying to control the market through.

In the current situation, I also think that no one will decide to dump prices below $3k. However, it is possible scenario in which the price will jump to about $5k and then whales will try to make another panic sell which can end with a huge drop, even up to the level of $2k

The sad truth is that there are whales who can make it possible for us to see a big dump, they can manipulate the price because
they have the volume in their hands. It's been done before and I believe it can still be doable now, as they continue to manipulate, the weak hands are slowly exiting the market and I think it's a great idea and will give a better chance for us to see a new highs again in the future.

As long as the user and investor are still very easy to panic. then price is very likely to fall deeper. but it's true what you say that don't give up on the current price conditions. if many investors believe even bad news won't make prices fall.

It's safe to say we will be going sideways.
I don't see a mega dump happening anytime soon.
It is more logical for the price to start climbing.

It is possible but I don't even see any reason for deeply dragging down maybe we are now at the bottom price which is ready to pump up anytime. Yes, it takes mass adoption to make price grow but there are still people who believe on Bitcoin and other cryptocurrencies. As of now let's just time can tell everything and wait for possible happen.

Well, in my opinion honestly, we are closer to these prices than $ 10k per example!
In addition, decisions about ETFs will come out a month from now.
In 30 days everything can happen, including Bitcoin reaching these minimum levels, but you can see it as an opportunity since then.
Remember that when no one wants something, you can study and find out why you might not want to?

I don't think bitcoin will go much lower than 2k$, even i think will not go lower than 3k$, and maybe we will see a higher price this year but we need just wait and hold coins if we don't need urgent cash money, we need to wait to see what happen after ETF.

This is a good one, we are indeed closer to 2k than to 10k. For bitcoin price its possible to drop and rise in days, even I think that it`s possible to happen, chances for price to go under 2k dollars are very low. Just to remind you that bitcoin went from 0 dollars to 20k dollars without etf and similar approvals. I think we will have calm years, I don`t expect some big ups or downs, for now it`s like that, but we will see what will summer bring.

I hope it doesn't happen ... I don't want the bitcoin price to down under 2k USD. But none of them really knows what will happen in the future. This month, Bitcoin is still down and there are no signs of going up. Hopefully, in February the crypto price will recover.

I hope the bitcoin doesn't fall deeper again. and currently bitcoin is in the range of 3k, it is very difficult to grow more than that. I think that bitcoin has the potential to go down even further in the next month if there is nothing to arouse the market

We already how bitcoin unpredictable to its value. We always keep hoping for the better into its future, Especially when we are holding some if it.

I don't ever think that it will comes into that situation , that will lower the than 2k of bitcoin price on these year, unless not showing some changes to recover after the middle of these year.

i dont think it will drop below 2500.
the last price is 2500 and it will go to up and up after that time.
and it will drop in one month more and begin to start climbing to 20000s again.

That's tough to answer because as what happened a couple of months ago, most of the people engaged in cryptocurrencies believed that bitcoin will not go lower than 5K$ but it went even lower than that. So if someone would ask if it bitcoin will go down lower than 2K$, then it is really possible, i think.

It could be difficult based on how Bitcoin's price move, it moves in between $3300 - $3800. Go lower than $2k is really silly for me at least, there is no sign that could happen.

?

We have never seen the price dropped to $2500 last year, why did you come up with that conclusion?

If bitcoin will go down under $2k, then I'd still choose to hold my coins cause I will just lose more if I will make panic selling. It is better to be patient when it comes in this kind of field of that world. LOL.
I think it is possible to happen but as of now I don't see that bitcoin will go down under $2k, it is just more on stable price right now and I am good about it.

Bitcoin at present have been showing good price pumping. People predicted to reach a big growth by this year, and as a beginning now we've been getting close to $4000. Weeks back when the market was bearish everyone predicted that the price will reach $2000 and now we've gained a good growth in the entire market volume as well. By then I don't think of further price fall.

It is very hard for one to be able to predict bitcoin price accurately and that means no one will be able to tell you if bitcoin will fall down to $2000 or not but it is very possible for that to happen.  There were time that bitcoin fall from $32 to $2 dollars and it recover back again to above that level the same year and therefore the going up and down don't matter much and what matter is for you to be able to follow the market.