as for now we can't really tell how the price of bitcoin will gonna be. because the price is so unpredictable until the end of this year. If bull run never come this year. then the price of bitcoin will be possible to go down to $3000, but that's not the end of the price fall if no bull run this year, people will lose hope and probably the price will go down further.
I doubt there will be a Bull Run this year. But, I believe the price will not fall below $3000. Bitcoin dominance in marketcap is more than 50 percent. Logically if the market cap goes down below $100 billion then most Holders have now become panic sellers. which I doubt will happen.
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No one can say that or can determine on what happening to bitcoin on the next days if fall or rise. It is possible that bitcoin value fall up to the bottom not only fall up to $3000 but it is possible up to $2000 or lower than that but don't be afraid because it will not comes to the zero value just review the past of bitcoin how fluctuate the value and how fall and rise it. Don't afraid just patient it will rise soon.
I agree.Bitcoin has still have high chances to go down to its more lower price making the market more bloody.I'm really disappointed seeing the market now but somehow,i know everything will be back again in its normal price few days from now.We just have to be more patient this time.As long as there are still people who never give up on bitcoin,it won't lost its value. I know we cannot predict the price but, I doubt it will go below $3000. There is a strong resistance at $3300 level.
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I think btc will no longer go deep down to $3k and most likely this will be soon back to normal in a couple months. As per observation, the expected bull market may not be clear in December but I would speculate that there will be a slight increase but not a major bull market.
Present scenaria the price is hovering betweem $3300 - $3900 level. I hope it does not go below the $3300 level. I know it is impossible to predict the price but, logically the marketcap cannot go below $100 billion mark. Which means it should bottom out at $3000 level.
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In my opinion, I think it will continue to fall and the problem is we don't know how deep it will fall. A lot of my trusted resources online shares the same opinion and they're are thinking that no bullish season will happen until 2023, I just hope that they're all wrong, that we can still experience the same bullish season we've last year.
Few of my friends are saying that Bitcoin will reach the level of $750–$920, which was the price of Bitcoin in January 2017 and by first quater or second of 2019, it will bounce back. I do not think this will happen and I hope for the same.
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I think that Yes it will reach this level and begin to rise, it is my personal opinion. But I believe that the growth will start soon !
I also believe the same. But, the amount of manipulation in the market makes me think twice.
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Why would it look at the charts and the news seems like game over to me, lots of investors will have to bail out and those with big profits will take some. Feel free to buy some more though as crypto is cheap the real question is why ?
What do you mean by Game Over? and as per the charts I am asking this question? The charts at the moment say $3000 level, few days back it was $3500
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I think it should.
As per CMC the total Market cap is only $121 billion. If the price of Bitcoin hits $3000, then the market cap approx will be $100 billion. I may be wrong in the calculation, but it will be less to what it is now. Which means most of the short term investors and panic sellers have left the market. Those who are left are either long term holders and big whales. The only option left for these whales is to pump the price at $3000 level.
What do you think? will stop at $3000 level or will it go further down
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I am also one of those people in cryptos who are thinking that a bull run is not going to happen this year based on what i see to the current status of the market. What we have experienced is a very long bearish trend that may even continue until the first quarter next year.
It may took more if there are no good news to happen. Even hype news doesn't work now since many were still in hold due to their loses since the dump price of bitcoin. Any Bad news after what happened on 15th will now create a situation like 2011. Goof News will not help the market aswell as this the most manipulated market. Donot expect a Bull run to come soon untill instituatopmal investors come in. Which I feel will not happen soon.
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Not again Why there are people left on this market that are investing in Ripple and why does the centralised coin takes the second place on the CRYPTO currencies market. ETH is much better and hope it will take his place back soon. Undoubtedly ETH is far much better than XRP. This is because of all the positive News on XRP. All Alts are in Red, except XRP. Might be manipulation, I do not know, bur something is not right in the Market.
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This might be one of the reason for a steep fall in Bitcoin price. They have already created a panic in the Market as the price is still falling down. At a later state they might again enter the market with the exsisting Bitcoin and New Money.
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Whatever is happening in the market right now is good for those who were looking for an entry level in Bitcoin. Buy more and do not panic as Up amd Down are part of the Market. How to make profit from this market is what we should think now?
I say it is a Good time to Buy as the price will recover within this month. If you invest now, you can expect a decent profit by end of this month.
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This was suppose to happen. Bitcoin was stable for a long time. Either it was suppose to go up or go down. Well, it went down. Last year the price of Bitcoin went down at the same time. If History repeats itself the price should rebound with a short term Bull run. Good time to buy.
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Hi What are the reason was crypto market going downwards when will the bulk run There is nothing to worry about. Atleast this is better than the stable market. This dip was meant to come. Now you can expect a decent rise in the price within few days or maybe next month. I think a short term Bull run may happen. Now is the best time to accumulate more of your favourite ALT;s. So that when the market goes up, you can book profits.
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Can we expect Bitcoin and other types of coins to have good prices at the end of this year because 2018 will end. I'm starting to worry that next year will experience the same thing I do not believe in prediction, but if history repeats itself then you will be able to see a Bull run after 15th of this month. I think it would be a short run. The condition of market at this moment is stable. which is good sign. But, a lot of Negative news is still surrounding the market. I expect a Big Bull run to start early 2019. Lets hope fot the best.
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"Venture capital investor Tim Draper reaffirmed his prediction that the Bitcoin (BTC) price will reach $250,000 by 2022, during a panel discussion at the Web Summit summit conference Nov. 6." https://cointelegraph.com/news/tim-draper-stands-by-his-bitcoin-price-prediction-of-250k-in-2022“Yes. We are talking [...] about five percent market share to get to $250,000. That seems like a drop in a bucket and all we need to really do is make it so that Bitcoin can be used to buy Starbucks coffee, and all of a sudden the world just opens up and then they say ‘I’ve got this choice.’ [...] Do I want a currency that I can take from country to country [...] or do I want one that sticks me in one country or one geographic area and I can’t use it anywhere else?” I think things like global virtual marketplaces and escrow systems coming out soon will drive universal crypto acceptance forward and make cryptocurrency a useful part of everyday life. Arguments for or against his accuracy? I have been hearing a lot of prediction about Bitcoin price going to the moon. I have not seen any of these prediction have been correct. I am happy to hear more to keep myself motivated, but deep inside I know they are only speculation and it would never happen. I want the price to go to the moon, but I know it will take time. Untill then I am happy to hear more prediction like these.
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