Bitcoin Forum

At this moment, BTC is moving sideways +- $400. The possibility of it moving to either direction is very likely which of course no one can say for sure. I believe in BULL at this moment but I can't ignore that there are some sudden factors causing dumps which is further causing panic sell. Hence, this is totally speculative at this moment. Therefore, I created this poll to understand the mindset of the people involved in this. Hence, I request everyone to fill this poll.
If you have any explanation to any of the theories you believe and you want to explain me, please don't hesitate to leave a message so that we can discuss more where I can also input if I can :)

I don't feel bullish anymore after seeing the high rate of Bitcoin volatility, therefore 6200$ is not a bullish zone! The world's economic ecosystem is passing a rough time, not just crypto. There is no sign of Coronavirus gone out, so, the crypto market will remain in bear zone more days, as there is no good news in the crypto market. So, To be honest, I am prepared for a high drop, I think if another dump comes, then the bear will hit the 3500-3000 USD zone!

Well, it's a matter of speculation and no one is really sure what's gonna happen! However, with the current lockdown situation in many countries, I expect the activities around bitcoin and other major cryptos to increase. But not certainly sure what way it would go. But it seems like $5000 is a strong resistance point for bitcoin and it is highly unlikely to go below that point. But if by chance, it brakes the $5000 point, it may go way down till $3000 level.

But as I said, this just speculation and no one really knows what's gonna happen! Stay safe amigos!

It's kinda tough. As what other said, the dump last week and probably the cause of coronavirus(covid 19) outbreak is already the bottom, which is below $4,000, around $3,800 I think. While for me, if we will not to fall again below $5,000 then for sure we are safe to fall again below $3,800 or the recent bottom of this month.

I think it can go again 4500-4000 dollars from now. Though the BTC is holding 6000 dollars support level. If btc can hold this support level for few days then we can see BTC will cross the 7000 $ level. But if we can see btc can not hold the 6000$ support level then we can see another quick dump to 4500$ to 4000$. It’s my personal opinion. Maybe some can not agree with me. 

I expect we will be back to $1,000 to $1,250 by the end of this year.  Australia is introducing the closure of non essential businesses and are warning that these enforceable rules will be in place for at least six months.  No pubs, clubs, cinemas, Churches, restaurants and similar all closed for six months.  Investors will cash out and the price will collapse.

Will this mean if corona virus is gone, then such  policy of closures will remain till six months elapse ?
No I don't think so. Therefore, I expect that bitcoin price will increase beyond $6,200 anytime soon because new cases are really handled better than when it started in February.

How if we say that the bitcoin price can get down in $2,500-$4,000? Because we don't know for sure what price bitcoin will go down before the bull run happens. We already saw bitcoin price reach below $4,000 before, so I guess that we might see that price again. But maybe that will not occur if there is strong support that can hold the price not to going down deeper than that number.

IMO, Bitcoin will remain at $6k range until the halving will come. Once Bitcoin halving has successfully occurred, probably the price will back to $10k or more and there is what we called a bullish trend. But all of these are remain speculation that we had in our different perspective way, either it was Technical or Fundamental analysis. We can predict on our own.

We know that Bitcoin is unpredictable, let see and wait what will happen next. Even if Bitcoin were on bullish trend but if you don't hold any amount of it, it's useless in your side. Accumulate while it is very cheap and let the time will reveal the truth.

Even Warren Buffet who has no interest to BTC will likely be buying millions when price dips $1000. I would hope for price no to go that low though. That is something of a tragic in the market, it will not lift the spirits of those who keep holding.


Its going to be predictable in times of crisis. Its fiat that BTC holder will sell for food and medicine are the most important in times like this. Only few people are the ones going to invest and probably just from a country not affected by pandemic.

That is a prediction that you have made here but Bitcoin does not respect predictions. Atleast we have seen this from the past. My take on this is that no matter what happens Bitcoin can not die. History has proved this to be correct. It can only fluctuate and then go steady again.

The core is speculation, I must agree no one's really sure of what's behind those numbers and how low it could go but I'm only sure of one thing it would not be ZERO lol. As I see the price falling down for consecutive days, I thought it would reach below $4K but it stopped there so it means there is already a resistance on that level where bitcoin could no longer go below that, I hope so. Whatever the price is if it is below $10K then might as well buy a bunch of it.

Stay safe Man!

IMO.. won't be far from $3,500 - $4000..

I think this is too unreasonable, if the cause of the closure of all businesses is because of Covid-19 then when the Covid-19 vaccine is found, businesses in Australia will be reopened.  I am very optimistic that the researchers are very close to the vaccine, let's pray together..

so far i see bitcoin will stay about 4000-6000 usd for now and not going any lower before next bullish running on the market, that drop price just a money game from whale that wanted new investor to investing on bitcoin so they dump the bitcoin and make new buyer think " oh its good time to invest on bitcoin " its will continue everytime.

I don’t think really like you. Yes, it’s right that the condition of the world is not good. And investors are losing their money hardly. Even this condition might be go farther down. But I can not agree that btc will go to around 1000$.

Hope GOD will save us from bad things and all will be ok again like past. And we will see a huge spike of bitcoin. :)  

I would say $4000-$4500 could be the real low the bitcoin can go but I hope there is no need for btc to go that much deeper again since its started to recover after the panic sell was created due to corona to $6000 range. I don't have any theories why I picked this value but I am hoping for the best in upcoming days likely to be bullish or stay at the region until havling.

Bitcoin did dropped to $3,500 before and I think it will going to happen again, although the $6,000 price is quite strong resistance this week. But I just voted the $5,000 - $4,500 since Bitcoin is quite stable with this price but I don't actually know if this is the closest one. It all depends on the situation of the market and the people on how the price would change since after this lockdown I'm sure there are changes that's going to happen again.

And that's exactly where we should be in a real correction. When people who sit on a Bitcoin forum start to capitulate and lose faith in levels that are well priced and still profitable for miners like 6000 and 5000 you know it's the real shakeout.

Put yourself in a position of a new investor who always wanted to buy and has fiat at hand. He hears about quantitative easing and rate cuts and he doesn't feel safe being 100% in fiat. Bitcoin goes down 50% from its 2020 high price and he will buy. Smart people are getting more now when you are capitulating. This is how it work, we can't all be rich.

I'd rather have to choose at $5000 if we are in control of the market but we don't and so we are not sure about this.
If this slow recovery will continue, it for sure we will surpass at $7k (at least) before halving. But we also think that the global health issue isn't over yet that it makes the market more volatile as it works. But even this dumb lows will still be sticking in the corner, I will not sell my Bitcoin unless if I badly need of money.

You can't really make the virus disappear. At most, a vaccine could be made, but I doubt the release of the vaccine is going to happen in the next few months. So even with the vaccine done, the quarantine/closure would probably remain, until it is ensured that every citizen has taken the vaccine. As for the price though, a vaccine is all you'd need for investors to start realizing that it's time to come back and invest once again. As for the possible price increase? It hugely depends on how the train of investors are going to come. If they all come at the same time, then there's a possibility of everyone being quite excited about investing and making it soar through quite a lot.

I don't want to predict how low bitcoin prices can go because I don't have any idea about that. Bitcoin price can go low without telling us the number, but we need to be ready if the bitcoin price really touches the lowest price. Perhaps, the price will reach $3,800 again, or it will go down for more than that number, but we don't expect to see that lowest price again. But $3,000-$3,500 can be the next target of bitcoin price to go down, but I hope that it won't happen for sure because man people will be panic selling at the market.

I hope that the bitcoin price can stay at a price now, or if the price is down, it will not going to go down for deep. Let see what will happen later, and hopefully, that will not occur.

I am betting on 3000 USD.

Reasons :-

1) Coronavirus outburst - Economy is highly distressed. Just imagine most of the people are not even focusing on the stocks, shares everything is disturbed so I am pretty sure they will barely be focusing on the crypto market. Most of the stable assets like Gold and commodities have fallen upside down. This is indirectly connected to crypto world. Its  pulling it down.

2) International Lockdowns - Off course this is because of coronavirus. But on other second number in pulling the BTC down. No countries connected with each other mutually though we are connected via internet it means nothing. The thing is we do need local transactions to be in placed and this buy and sell will only occur when there is real life transactions (e.g. buying of stuff, selling of stuff with payment mode of crypto). Many investors travel the world and do real time project investments. This one is now completely stopped and its gonna affect it badly.

These are two strong points with me. Can't think of anything else.

Well,I believe Bitcoin has just reach the lowest when it hits $4,100 (the lowest recorded on March 13)
There are still a lot of cryptocurrency investors who are very optimistic about the effect of block halving in the market and hoping to get good returns, which explains why Bitcoin is somehow going up and down at $5,000 - $6,000 level (which will be considered a good entry point figures).
We'll just hope the corona virus will be contained and not becoming worse, or else it will make a huge impact not only worsening the current situation of the global market indefinitely, but will also affect the cryptocurrency market.

No one can tell you how low btc can go or how high btc can go. It's hard to predict crypto market & btc can reverse any time from any price.No one can tell you the exact price. Even after making your post btc price already raised.In my view that low price was the dip,I don't think we can see this dip again,also hoping that btc will never be lower than 10k$  after the halving. 

Short answer is nobody knows. Things are still extremely volatile in all markets even outside of Bitcoin and cryptocurrencies, and it's usually not a good idea to call bottoms. If you've got any open trades, set stoplosses on them especially if you're trading on a leveraged derivatives platform like Bitmex, and make sure loss mitigation is the thing you're focusing on. I personally believe we're not going below the $3000s, but we're currently in limbo and the price action could shift to either down or up at any moment. 

It is impossible for us to predict the price of Bitcoin, we shouldn't bother about the people who are providing the signals. Anything can possibly because due to the virus is spreading which makes most of the coins and shares is losing their value. Now the market situation is in the predictable, stable so there are 50-50 chances.

I choose "$5000-4500" because that was the lowest we've dropped this year so far, and I am not expecting to see another dump again since bitcoin is already strong at its support, currently the market is moving well, bitcoin got good increase today and hopefully we are heading to $7000 soon.

I personally eyeing for another retest to the $3500 level as there was a CME GAP there. So im not getting over excited to becoming bullish, because Bitcoin has a ton of fake outs. It's really hard to speculate even with a confirmation, im not buying because im still thinking it will reverse.
maybe if it breaks the 7200 level, i might think of buying. This is surely some crazy times.

Some expect more dumps because investors really want to buy lower prices and want a return that returns back to early March but so far bitcoin has started to show an increase of $ 6700 and maybe it can happen in the next few days it will soon touch $ 7,000 maybe still right still buy at a price like that.

My speculation is that bitcoin will still recover even though the pandemic is still happening even though some stock markets are still falling but I am sure bitcoin will grow back to the way it was at the beginning of the year.

Its bullish because of the recent dump but if you check the history of Bitcoin, you can see that a massive dump occurs that it touches the lowest profitability of the miners.

I voted $3000-$3500 because lower than that will destroy the mining profitability and may cause to drop in power. That will again dump Bitcoins price but will unlikely happen.

Expect the unexpected and we have to learn from the past price movement that even just on a day, the price can dump that much. I do keep monitoring the price of bitcoin because I’m ready to convert my fiat money into bitcoin, and maybe we can still see some correction or dump before heading into a new up trend.

I think I'm positive about price increase at this time now. The corona virus disease have come to equilibrium sort of because many places are shut down, many people are now aware of ways to prevent it which includes not travelling nor visiting. So the level of spread is going to be limited and death is reduced too. When panic is gone, things will normalize.

That's a hard question no one really knows but we can speculate having TA and predictions, I don't think BTC will go deeper than $3800 I hope so, Having seen this market recently it is very volatile and it is very risky to jump on trading especially on contract/leverage/margins/futures whatever it is called across different exchanges, we might be liquidated in minutes if we are not careful. If markets now really depend on this covid19 we are at risk what if the situation will worsen you know what will happens next.

This is always going to be only a prediction, but no matter what we do. It's up to you whether you would HODL or not. As of now, the current situation is dying down, maybe there are no more new "news" to report to, but we are still speculating on this part.

Right now we are at $6500 - $6800 part, so maybe we could see a new high or a new low (for the day)

If you are always trading, I would recommend following your analysis instead of biases. News is hard to counter though, it would affect the people's behaviors.

Lol! There are people who voted for under 3k, 2 people literally voted for 2500-1500 levels, do you really think that bitcoin could go under 2500? What are you trying to achieve with this, maybe just wanted to make sure people are afraid and the price would drop so you could buy more.

I do not really like the "wishful thinking" type of voting, I can't decide on their votes, they are free to vote to whatever they want and that is understandable, however reality is what they are doing looks just funny and blurs the clear waters and that is it nothing else. If you seriously think that bitcoin could be 1500 you are an idiot, that is without a doubt true, if you just WANT it to be 1500 then you are doing it wrong way, that is not how you can achieve anything by manipulating neither.

It is difficult to say now. Because when Bitcoin is dumped due to panicsell, the market recovers very quickly. Which was beyond everyone's imagination. Which is good news for the Bitcoin community. But I think Bitcoin will come back in the $ 4000- $ 3500 range. Because the effects of the corona virus are not yet over. As long as people need cash, the selloff will continue.

Indeed, the decline can still occur at any time but at least, when there is a decline the recovery will also occur immediately and it will at least make the price still be maintained in the range of 4.5k-5k even if the decline continues. This situation does not really affect prices on the crypto market as a whole because at the same time the halving event plays a large role in the collapse of the price of bitcoin.

May we think that dumps can possibly be happening again and again but for this time, I'm too positive that it never drops to below $4k.
We started to climb back at $7k, this will simply mean that the market support is started to stabilize and we are going to recover from the pandemic effect towards the global market declines. And I do hope that everyone has to keep their faith, the endless volatility of the market won't change that is why we should be prepared and keep calm always. Panic will is not a solution but it only worsens the situation.

It's not that easy to say cause many big investors/traders said "this is the last time to buy btc at very low price" when btc was down $19k to $11k in 2018. But everyone saw what happen. It was gone to $3.8k. So how low btc can go it's a question that i don't want to face. :D But all i can say if this current crisis is not solve imitatively then people will see more worse than this.


It's horrible, i didn't heard about it. This crisis going really deep. Hope people find a solution for this. :-[

Seem like $3500-$4000 will be the low price for bitcoin, as we know that the all time low for bitcoin price was $3500 and I will guessed as well that it will be the lower price .

But seem like we are far to reach $3500 right now, bitcoin price is increasing to $6700 currently. And bitcoin will be in a good trend cause if we pass $6700 then we will see $7000 as next price.

The worries from corona virus is still spreading in some country, like in my country who has been affected the money fiat is fall against US dollar. I think many people in country have decided to buy bitcoin to safe their money.

I'm a bit late but the price is getting better and better.

This proves that a lot of people take advantage of the dump and I don't see Bitcoin falling from $6K again in this pre-halving situation. We might start at $6K at pre-halving, and that would the best thing that would happen for those people who reinvested and took the opportunity. I think we should ask the opposite, how high would it go before halving.

We have already reached the Bottom mate last 2 weeks ago and we are now looking for the growth of market as we are seeing some small chance now.
positioning at $6,500 and up now?yeah we are now recovering and no signs of falling again(well that is my own opinion and i don't hold for any thoughts from others)
but actually i don't care if the price falls down to the lowest in your survey because even if this price goes down to $2000?still i will purchase more lol.

We don't know if bitcoin will not goes down and reach $3,500 again or not because so far, bitcoin still stay at the $5,000-$6,000 range level so everything can be possible to happen. While we don't want to see bitcoin will go down again but yes, right now is a good time to buy more bitcoin if we still have money. But perhaps, we need to wait for a while to see where bitcoin price will moves in a few hours later so we can know what we need to do. The important thing here is we can analyze more before we decide something.

We don't know exactly, what is happening in the market and as of now, we have seen many times the price of Bitcoin decreased a lot in the market. Whenever the price drops, it is always a good chance to grab the Bitcoin when the price drops. People who grab when the price drops will always make some decent profit.

Right now bitcoin is currently at $ 6700 but it's not at a bullish price, there is still a possibility that bitcoin will go down again.
So we must be vigilant if the price of bitcoin goes down again, and according to the poll I have already filled. In my opinion the
lowest price of bitcoin is in the price $ 4000- $ 3500. But hopefully my estimates are wrong and bitcoin will continue to rise.

What I think: I have dual thoughts, both upwards and downwards.. There is a level which can trigger BTC to go either way very fast and hence, I am trying to understand the sentiment of people related to it. This was meant for study purpose and not for anything else. Your words towards other people are not that respectful which makes me sad. Please keep it decent.

Thanks for the advice :) It is quite uncertain and it looked like it will cross 7k today but it didn't unfortunately. However, I see a bit of bull pattern trying to break out. It kept on trying the whole day but no one knows. Stay vigilant, stay safe :) In long run, it is always bullish for BTC. That is why there is a saying *long BTC, short banks*

Weve seen the dip last year at $3,000, maybe we can see that again this year. Some said if the bear will continue to win over bull, it will continue to dump down to $1000. Well, i hope not. But whatever price the buttom will be, isn't a good opportunity for us to buy more bitcoin?
 
 Well, in my TA bitcoin will slowly gain strength to go up. I just do hope the resistance will break at $7,000 there is a high chance for another pump.

I am hoping for a rise now, and I hope the low that we've seen this month will be the lowest this year.

The market looks stable now, it seems the panic in crypto is already over, and as I noticed, we have maintained a good overall trading volume despite of the global crisis we are facing now, IMO, this would only mean one thing, there's more money entering in crypto from stocks investors.

I also hope for it to gain momentum now as the bull is trying to fight against the bear :) Let's hope for the upward trend!!
It looks stable to me as well and a bit like upward trend but lets stay focus and safe :)

maybe some answers has been posted in this thread

https://bitcointalk.org/index.php?topic=5233452.0

because Op is just asking until March 20 and yours is  month after.

the quarantine in most country will end before that date so maybe there are many good respondent by then and re invest in market so it may bring Growth but how much?i dont wanna frustrate myself so i will choose to stay waiting for what will market brings us.

I don't know whether the quarantine will end by then or will be extended further more. It is still a question which we will know in due time and I do agree that BTC has possibilities to move any direction :)

Perhaps it will be difficult for bitcoin to grow in the near future, I think the market will have a decline.
My prediction for the price of bitcoin in April 2020 will fluctuate between $ 5,500 and $ 6,000.

At the present time, the world is facing the risk of financial crisis caused by corona virus, many businesses are closed and the world trade situation is going in a bad direction. So I think bitcoin will go down in price in the near future, so it's likely to drop to $ 2500 ~ $ 3,000.

You do have points but lets see. It is indeed going to be interesting to see beforehand :D

In that case, you are predicting a no improvement at that time.
Let's call it this way, March is a tough time for bitcoin as it dropped really hard, its 50% in just a very short period of time, and we don't expect it.

However, the bounce back was very special and that made us stay at $6K which slowly rising and trading at $6600 now.
Be patient and continue to believe, who knows, bitcoin might surprise the entire world, how about expecting an ATH this year?

Right now, we are above all of those prices, anyone still thinks we can go that low? I mean you have to really not understand finances at all to think that bitcoin could go that low. First of all there are just too much bitcoin required to sell all that much, is it possible? Sure it is, if everyone around the world sells their coins we can go under 100 dollars today, however considering how much the volume is and how much people are willing to sell for etc etc, that means there is really not that much chance.

There is just too many buy orders around in the market which is why we will not really see something that major ever happening. However, if you believe that billions of dollars worth of bitcoin will be all sold in a matter of hours, that is something else.

Everyone is looking forward to the rise of bitcoin. However, the current disease situation is developing in a bad way and it will affect the economy of the world.
In order to overcome the corona epidemic, people need more cash, which is why I think that BTC will probably be discounted in the near future.

Everything is possible in the cryptocurrency market, Btc at $ 2500 ~ $ 3,000 is just my prediction and I don't expect it to come true. I wish I could see Btc rise to $ 20,000 right now, maybe at the time many people in this forum would become millionaires.

The price moves like crazy these last few days, I mean we have literally seen a push to 6.8k, drop to 5.6k, push to 6.5k, drop to 5.6k, push to 6.9k! and drop a bit, this has been basically showing everyone that bitcoin is not going down because it is literally trying to go up, however it is also quite obvious that it is having hard time going up as well, so we are basically stuck in a very big spread instead.

Spread is normally where you buy and sell and there is a difference, so lets say 6530 to 6500 for example, that 30 dollars is the spread between buyers and sellers, well right now we basically have a 5.5k-7k spread :D. I know it sounds crazy but that is true you have admit that price has been quite volatile in the past week or 10 days or so.

If the first week of isolation covers the whole world begins, we might realize we dont need money as we respond to the panic in past week. Lets get the necessities in our homes and assurance of health. Imagine how many bitcoin will be lost as many die in coming months. As time passes many will be looking for what to hold on to like bitcoin after the crises end. April will be pivotal in the space, after April and we stay above $5k we might stay above it throughout the year

Surprised that there's no $1,000 option.

There is practically no resistance between $4,000 and $1,000... If it breaks through the strong support at $4,000, there is a good chance we could see a nasty flash crash all the way down to $1,000.

At that point I'd be going all in on Bitcoin, since I don't think we will ever see that value ever again.

Tbh, I doubt we'll even see $1,000. But if we do go back to $4,000 (like we almost did just days ago), it's certainly possible.

Everyone understands that the world's disease situation will make the financial situation chaotic and the world is likely to fall into a crisis. But the price of $ 2500 ~ $ 3,000 is too low, I think we should be more optimistic.

True, everything is possible ;)
I do agree with you. It has been mostly moving in that spread range :) And it does sound crazy :D
I agree with you as well :)
Nice ananlysis :) Still it is hard to say anything for sure in this space.
Thanks for the information. I didn't check the support levels at the time of making this poll but I will keep my eye on it as well. So far, I don't see any such kind of movement but everything is possible in this space. Lets stay alert and safe ;) I have only one view i.e to increase my btc amount no matter what the price is in usd.
We are optimistic and everybody in here is waiting for any chance to buy more if the crash happens which is likely not to happen :)

The barrier of the bitcoin I think is $5000 and once it down to that value it will start increasing again but I hope this value of the bitcoin is the lowest value because it's better to have this value than the lower of that. But we cannot sure about the lowest possible price of the bitcoin until now it's still mystery when bitcoin start rising and most of us our praying to happen again.

Because of the outbreak happens to the world and this is caused by the virus that we called as the Coronavirus or the NCov19 there are people affected also the stock market there are a lot of tradings and more transactions getting cancelled and declined because of the outbreak also the bitcoin price got to fall down in the first weeks of the bitcoin it is just stable for over 8k dollars and after a week it immediately falls down into 6k dollars and one of the lowest market prices that the bitcoin reach today of 2020 is over 3.8k dollars and that is so huge before this outbreak and sign happen many traders pulling out their funds to make it safe but to those people does not expect the market fall for over into 4k dollars and now they need to hold their coins and it is good to the people to make more investment because by just following the basic rule of buy low and sell high you can now make a lot of earnings by that and it can give you a huge market income because the halving is coming too and this is one of the reasons why it falls down. Still, we are looking forward that the market price of the coin will reach out over the previous market price of over 14k dollars.

I don't think that there is this barrier as you said.

When the price dumped this week, the price of Bitcoin reached as low as $4K, some of the markets even reached to $3.8K or $3.9K. I think there is no barrier at all but we have these holders, these investors that will always take the dumps for granted. Forget the barrier price but think of the opportunist that will bite the bait when it is clean to do so.

It dump that low because there was a manipulation, for a normal dump, it would not dump 50% as that is too much.
But let us always accept all the possibilities as like what I've said, the market could be manipulated but the good thing is it bounces back strong again.

It's hard to predict what would happen next, it could either dump again or pump big time, we just have to be ready with anything while continuing to believe that the crypto market is here to live so it'll survive no matter how big the dump is.

The truth is that we can’t really tell he direction the price of Bitcoin or any other altcoin will be moving. There are always two possibilities to which direction the price will go to.

I don’t do the analysis myself, rather I do research and look for experts analysis to know where the market will be heading to next. Cointelegraph.com has been one of my favorite sources for technical analysis; they do technical analysis on the top ten cryptocurrencies in the market every week. Their latest analysis on 27th March reveals that traders should set their stop loss at $5,600.

Well, the world is experiencing a difficult crisis because of the pandemic coronavirus that effects throughout the world. Because of that the market price are go down deeply at 4,000 and up. For me, I think this situation must go longer because the coronavirus is not yet done in spreading it and also there is no cure that is invented for coronavirus nowadays so that it is difficult to predict on how long can last this crisis. So that I didn’t predict on how bitcoin can go low. It is volatile and we don’t now on when the bull run strikes because on the situation now.

But you need to be careful because we don't know if bitcoin will be down or not after this, and if the bitcoin price is down, we do not know how low bitcoin price will be. But I see that there will be a correction for the next day, but I am not sure when it will happen, just be ready and prepare for anything that might happen.

Even if bitcoin will drop to $3000 again, it should not worry you or make you panic if you trust bitcoin.
We can't be sure with this situation we are facing now, the stock market has fallen, and bitcoin or crypto market is no exemption.

Let's just hope that experts are wrong, and bitcoin will prove that it's a strong asset in this global crisis.
If only bitcoin will start to be bullish now, there is reason people will invest because halving is approaching.

Well if there are no suspicious activities coming from exchanges like Bitmex, Coinbase and Binance then we should expect a consolidation phase before a major breakthrough to the upside. Considering the big 40% dump due global economy stability crumbling and the dollar is printing unlimited paper money and stimulus package. The BTC price already bottomed and only strong hands are in the Bitcoin space.

I hope so that it is the bottom value of the bitcoin but maybe if it's dumping again the price of 5000 dollars is the bottom and most of the crypto user believe on that. But actually we do not know what is the bottom value . I want to see again this coin start increasing again.

I guess this is the time that we should stop blaming the coronavirus since it gets severed over a couple of weeks but the bitcoin has a strong resistance with the current range now. There are tons of speculation about how low it can go during this crisis and how high it can go after the halving, I'll say it go low for about a $4000 and $15000 this year amidst the following world events. Perhaps, we are not seeing the impact of the current events yet that we are still staying too positive with it, hence no one's really sure of what is coming.

I don't think there is any basic value because if they or the holders want to sell all the assets they have, then the big collapse will be very easy to happen but at least there is something or other reasons to keep the value above 5k. This is an unexpected event because it happened simultaneously but at least when this economy can recover then of course it will also have a big impact to increase and make everything back to normal.

Within 1 month and in other time frames , initially there is normal trend of up and down but currently the trend is sideways.
     But analysing different factors I predict most probably  bull behaviour because after sideways trends price is going up.

No one indeed can tell what probably the next market value, we are still positive even a lots of countries are already implementing lockdowns and more
economy are falling, looking with how stock market are working right now, though bitcoin still trying to push and keeping the momentum forwardly we still don't have any clear outlook whether the market will continuously be strong or it will fallback once again.

Bitcoin could go as low as possible, it "could" go under 1000 dollars, that is not really what this is about, bitcoin "could" but "won't" go down that much, we are the ones who will stop that from happening. Think of how many of us here who would buy bitcoin under 4k when we have money, how many of us who will buy under 3k, and that number keeps growing the lower the price gets because more and more people would be willing to buy bitcoin the lower the price gets.

It means price actually can't get that low, if there are so many people who are willing to buy from low, that means eventually it will stop going low as well. That is what happened this month and that is what would happen when bitcoin tries to drop as much as possible. This why technically speaking it could worth less than 1 dollar, there is nothing technical that can stop it, but people wouldn't allow that.

Maybe we should and people have to move on. Because thinking about coronavirus will give us a way to think negatively and it affects our mind. In fact, we are already in the good position, $6k plus? I may say it was good enough to think that we are in the way for recovery and might people are also learning not to sell their Bitcoin but rather to hold or even accumulate some from the weak hands. But even the markets some progressive reports, I'm still not seeing it that it goes high within this quarter. It is possible to see huge pumps in the 3rd and 4th quarters as halving result comes out.

I feel it's not more like because of the halving effect but because of the global pandemic that was already stopped.
Well, I hope this pandemic will be over soon, we are at the start of the 2nd quarter, if we can end this quarter, then we can expect we will have a good 3rd quarter and possibly continue until the end of the year. Halving effect are usually felt prior to the event due to the hype that will be created.

In the market, I think the possibility of the bull is small. considering the current world conditions are facing co-19 and I see the market is not so many visitors. because of this I'm sure many are thinking again about the relationship of crypto with world conditions, especially if the pandemic conditions like today.

Although many people think that there is no relation to the global economy and cryptocurrency but I feel this is closely related because the crypto market is also often manipulated. this is just my speculation but I think the market will slowly go down.

This year 2020 the low bitcoin went was around $4k to $3k, which was a big surprise to many and we were also thinking it will go below that. In another way round that was the lowest low any trader should have bag more.

Then how you do consider on the current movement of the market as this moment? We are slowly increasing atm but we cant really avoid not to think that we might dip down once again just like on what happened from 10k to almost 3k level.

Nothing is certain when it comes to price yet anytime it would really surprise us.Lucky for those people who bought when the price hits down as low as 3800-3900 since the price as of now is
7.2k which do already give out sure profits in a short period of time.

I only request for technical analysis when i am looking for possible bottom and height of pump and dump. Technical analysis is not usually reliable with time prediction of the pump and dump cause other strong factors had moved the price, not even news again. Thing keeps changing that no one can contain. We expect bitcoin ATM to stay above $5000 for some weeks, if this stays the same with the closeness of price to $5000 we might be bullish after a while.

That is why counter trend strategy or the bottom fishing strategy is so risky, when the time where the price of the bitcoin reached $3800-$3900, people are panicking and we do not know if it is the final bottom. Those who have guts are surely bought in that kind of opportunity. I did not also buy because of the strong selling pressure and that kind of strategy is not fit with my skills.

Well, people who are strong enough to take some risk are now smiling, it seems like bitcoin is going uptrend again and it will not dump anymore at that very low level, with the current price, this would already give good return of your investment, so it's sometimes  good to take high risk for higher reward.

It seems that the price of the bitcoin successfully breakout but I still do not see any transition of uptrend. Anyway we are still in recession so we should not yet expect a massive pump because there still crashes that may happen in the following days.

Although Bitcoin prices have dropped, this year there is a lot of potentials for Bitcoin prices to rise From the previous situation the price of bitcoin has risen to around 7k Expect to exceed 10k by the end of this year. Every business will be very successful but no one can set the right price due to the downward slope of the market.

One also has to understand the reason for the slump and it was pretty clear that there might be a manic sell because of the COVID-19 and I heard even miners are affected by the virus and another big reason for the dump was because the PlusToken scam took place and they moved out funds and sold a big part of it which caused a sudden drop in price overnight and now as you can see the price has again starting to climb to it's actual average price.

These dumps happen from time to time and it only makes bitcoin more stronger because after every dump those coins are then grabbed by more people and it is always an ideal situation where everyone has some coins rather than some people holding most of them and swinging market at their will.

It is possible that bitcoin will be in the range of $6000-$8000 this year, but it all depends on this pandemic, we all know that market crashes, wether crypto/stock market it all goes down, people go panic selling, and it resulted to a global crisis, we need a recession and wait for the market to recover. It will take time but it will not go deeper than it is since it has a large wall on it,

Crypto did not crash, if it has, the most important is it has recovered.
In fact, bitcoin now is already price similar to the price in January 1 this year, so this year so far, bitcoin has not dropped or collapse.

Let's see what will happen, the future looks good based on its movement as even though there is a crisis, crypto market is still bullish now.

Well it's kinda off if we say that the price will depend on the pandemic itself since we have been seeing a quite increase a couple of days ago. The said $6K to $8K range is possible but I guess there will be more of that price, I think there will be more to bitcoin than the price itself maybe after this crisis we'll start to see bitcoin more often in merchants as accredited payment method because this will serve as a lesson learned to all of us.

As for price prediction, I'd say we'll go higher than $8K, maybe at $10K or $12 Highest this year? What you guys think?

But, I have to admit that even myself I was quite worried when the price was just going down like fun and I was so nervous I did not sleep a few nights when it was dropping because I mean I save all my money in bitcoins and watching it shrink was once if a lifetime experience and although I did not sold or bought any coins during the tough time I felt like I was almost forced into selling some to protect myself.

I wonder if it will ever again go as low at $3500 and I think if it does, I am surely gonna buy some of it to laugh like you said when the price rises again to the normal value. Some of the holders had sold when they actually feared that bitcoins might become a thing of history in coming days and I feel for them but they should have backed bitcoins and held their faith in tough times.

We have breached another big psychological barrier of $7k so it looks like we are going to get into the $7500-$8k maybe in the next two weeks barring all circumstances, (no FUD, people have settled down with the Covid-19 scare). I do hope that we will not enter into a recession, because that will be one of the biggest we are going to see. Let's just remain positive that we can get over the Covid-19 problems this year so that we can avoid a financial meltdown because it will be very ugly.

I hope so but bitcoin stopped its uptrend now, it's negative today, but good thing is its still trading over $7k,it's just a matter of time and we will come back to $8K, just believe it will happen.

We can't stop if that is meant to happen but we can always take advantage when situation comes, well, bitcoin trading at $1000 again, I think this would attract a lot of investors but its unlikely to happen.

The market price of the bitcoin today is going down and because it is just normal because the halving is coming from the market price of the coin for over 3.8k dollars and now it is increasing holding into 7k dollars and continuously pumping, and this is good because this Is the trend of the bullish market but still some of the upward trend declines, but it is just part of the increasing of the price. For the next coming months, the halving is coming, and we can now make a huge difference and comparison of the market price If you will get a lot of income or not. There is a rumor about the market price of the coin if this will go up over 10k it is good, but if declined immediately, this is a huge lose

Yes, the entire world is in crises, but cryptocurrency is managing to survive at the current value, but we are very close to halving. During the time of the previous halving, the price of Bitcoin fluctuation is common and as of now, we are in good shape which it is managing to survive at the current value.

Yes, I see that too. I wonder what will happen in the rest of the day this weekend. I hope the price can still go up and break the higher price. This moment is too confusing because I feel that the bitcoin price almost lose the support in this price, so the chance to go to the higher price will be small. But I hope there will be another good moment tomorrow so we can see the price can have another opportunity to increase back. And yes, I believe that the price will be back to the $8k, even to the higher price.

The bulls have the upper hand right now, and the price has been going up, though there are still times that it drops back and after that, it suddenly picks up and start going up again. Just like yesterday, the price dropped, and today when I checked back, it was already going up. Right now we have it at $7,300 plus! And I know that it will keep going up.

I am just wondering what’s the next thing, because the halving is very close, just in less than thirty days we will be in the month of May and the Halving will take place. I don’t know if the price is really going to up like so many people have been predicting since last year. I have had a really strong patience for this time to come and it’s really close now, can’t wait.

That is not a rumor, that is just an speculation and anyone can make an speculation based on their own analysis, maybe you believe on what experts say but I'll tell you, no expert that can consistently predict the price movement of bitcoin as its really unpredictable.

if the price of bitcoin falls at a low price, I have the possibility that the price can reach $ 3000. Well, that is the worst possibility that I think of. there are some circumstances that can make the price of bitcoin declined at this time, namely the panic of sell due to a pandemic, or people's distrust of this technology. however, the potential for a pandemic to reduce prices is still there, but it looks like bitcoin is able to overcome it. Well, this is still just the worst possibility, and I hope the price will not decrease until that point.

My prognose: BTC $20000 this summer.

Why? Look at the state of the worlds economy. Soon people will need the alternative for payments...

Yes, you are right, I have seen many peoples' predictions about the price of Bitcoin but many times the price of Bitcoin will ruin in an unestimated way, that's why I never follow the predictions based on the Bitcoin. Even I try to analyze the situation but failed to reach desired prediction about the Bitcoin price.

It can go to almost nothing as any currency either fiat or crypto/stock market whatever.

Anyway, people usually admit that btc has nothing behind to sustain the value as there is for fiat or companies. Totally wrong! BTC has behind the mining power invested and the total volume that keeps the network secure.