Once we hit $1000, how far will BTC drop?

[shield132]

To my mind it won't come under 650$, I think this time it's price won't be so changable like it was this summer after bitfinex hack. Also now there are many factors to think like that, mining won't be profitable with low prices which automatically means price rise because more and more people are interested in bitcoin and many famouse companies like starbucks and etc are adding bitcoin as a new payment system, so while number or bitcoin customers are growing, it means more use of bitcoin, if there aren't so many bitcoins, this means price rise up.

[Bitcoinsummoner]

To my mind it won't come under 650$, I think this time it's price won't be so changable like it was this summer after bitfinex hack. Also now there are many factors to think like that, mining won't be profitable with low prices which automatically means price rise because more and more people are interested in bitcoin and many famouse companies like starbucks and etc are adding bitcoin as a new payment system, so while number or bitcoin customers are growing, it means more use of bitcoin, if there aren't so many bitcoins, this means price rise up.

Same here its impossible that the price will touch again to $650. i believe that the price can stay in 800 level and will increase this coming april or may.. this is just my own speculation and i think the price can stay long more in 800 level.
We are seen that the price was decrease right i think it is just because of panic sell just like old happen before..

[edgar]

summer is coming

[richardsNY]

To my mind it won't come under 650$, I think this time it's price won't be so changable like it was this summer after bitfinex hack. Also now there are many factors to think like that, mining won't be profitable with low prices which automatically means price rise because more and more people are interested in bitcoin and many famouse companies like starbucks and etc are adding bitcoin as a new payment system, so while number or bitcoin customers are growing, it means more use of bitcoin, if there aren't so many bitcoins, this means price rise up.

Don't take for granted that we'll not see the price dive below the $700-$600 levels. Mainly because of the fact that the manipulators have this market under control. If you look at how easy people panic sell at very weak and misunderstood news articles, then how will it be when a major Chinese exchange gets hacked? Oh wait.... Everything comes from these Chinese exchanges and the people they supply with insider information....

[mindrust]

Don't kid yourself it can hit anywhere from now on. We saw the all time high since 2013 and many profit sales have been made. Those guys who waited all those time who bought from 1000$+ also probably dumped their position. Since waiting for 3+ years just to being able to get out break even ain't fun. We may not see 200's again but 400's is possible to me. 500 is more than possible. Now everybody knows if bitcoin goes as low as 200$, it means free money. Because sooner or later it will jump back to 1000$ again. That goes same for the 500 and 400 and 300 and so on. I think i would jump on the train if it ever hits to 500's again but not with all my wealth. If we ever see 400's? I'll double the investment amount.

[romero121]

There is no such falling range with bitcoin, everytime depending upon the market movement around the world as well upon the countries holding higher bitcoin users the variation will be experienced. This time too big increase was felt and due to some exchange service issue in China the price fell to greater level than expected.

[Haryford]

There is no such falling range with bitcoin, everytime depending upon the market movement around the world as well upon the countries holding higher bitcoin users the variation will be experienced. This time too big increase was felt and due to some exchange service issue in China the price fell to greater level than expected.

That is right. It depends on the actual usage.

[Hahnatise]

There is no such falling range with bitcoin, everytime depending upon the market movement around the world as well upon the countries holding higher bitcoin users the variation will be experienced. This time too big increase was felt and due to some exchange service issue in China the price fell to greater level than expected.

I think it depends more on the actual usage of the bitcoin. That is the reason I use some bitcoins.