How much will it go down?

[maokoto]

After the raise some weeks ago, reaching 500$ and more, it then went down around 300$. Will it go down again before the next big rebound? How low will it go if so? What are your guesses?

[1715484184]

1715484184

[Alley]

Might drop to $442.

[traderbit]

Bitcoin is known to get ups and downs so this is not a surprise.
I think that the price will not go below than ~400 USD at least for this year.

[ING Bank]

Below $400 seems about right.

[8up]

$380

[lite]

After the raise some weeks ago, reaching 500$ and more, it then went down around 300$. Will it go down again before the next big rebound? How low will it go if so? What are your guesses?

I think the price shouldn't go below 360$. anything could happen though bitcoin price is unpredictable. 

[randy8777]

i guess the most likely price will be $400. it went down a few times but stopped at just over $400. i don't think it will go below $400.

[ajareselde]

There is some media exposure that to me seams like a bad one, it's the one regarding Craig Wright, which is possible that it attributing
to the price drop. It makes people think bitcoin founder is dumping his bitcoins for gold. (Little they know, right ..)
Anyways, since some people will buy the story, we may fall down a bit , like 400 or so, but i'm not sure how long it will last..

cheers

[Hashminers]

I don't know I think when it goes to 500 dollars it will go back to 400-450 dollars.
With bitcoins is just like a rollercoaster that goed up and down.

[rokkyroad]

I would expect the price to drop significantly in the next days due to people cashing out for Christmas.

Though Christmas is not an official holiday in China they still like to celebrate. Good odds they will dump coins as well.

[Trouble821]

I would expect the price to drop significantly in the next days due to people cashing out for Christmas.

Though Christmas is not an official holiday in China they still like to celebrate. Good odds they will dump coins as well.

They have two New Year holidays in China, one when we do, and another about a month later. Their New Year is as big a deal to them as Christmas is to us. They traditionally give each other red envelopes full of cash, and I'm sure there's the same present giving and drinking to excess that we have. It's all got to be paid for with something.

[BruceLee007]

it will not go down a lot it might go to the lowest price of 440 dollars in my opinion then it will start going up again what will mean a lot of profit for me cant wait for another bigger jump of the price

[BitMaxz]

For it will back to normal around 375-420. it will happen after year ends..so sell your bitcoins after reach $500

[tekno]

diff change will guide us about it. and there s no news for new miner i guess btc not easily lose value

[Omikifuse]

Sideways until people realize that the rise of US interest rates won't affect BT, then price probably will rise again.

I don't think we will go lower than 420 in the meanwhile

[Nameless Coin]

I don't want to go down to 250 dollars again, but that price is good for me to buy more bitcoins.
Why I want that? Because bitcoin in a couple of years will rise even more so yeah and I have enought patients for it.

[uki]

I would expect a test of the area $350-400, as this was the last stable base. We were sitting in the sideways channel around $350 for most of the November, and now in order to validate that recent pop to the upside the area between $350 and $400 should be retested, to check if the support is solid. If we get keen buyers there, then we may think about the further move up. Fail at the support would mean we are back to the channel around $350, with $50 moves each way.

[Patatas]

As far as the market value is concerned ,nothing is predictable.We're very also unsure about the facts the matters in the rate of bitcoin fluctuation .But whenever there is an occasion where people usually buy stuff like Black Friday,Christmas the prices are seem to be going up and after that they seem to come down.I think it won't go below 350 until new years.

[Amph]

400 is the new bottom, or around that, i'm not expecting to fall under that, like i was not expecting it to fall under 200

but since we have already seen this pump from 380 to 480, it look like right now 500 is more of a future target than sub 400

[LFC_Bitcoin]

400 is the new bottom, or around that, i'm not expecting to fall under that, like i was not expecting it to fall under 200

but since we have already seen this pump from 380 to 480, it look like right now 500 is more of a future target than sub 400

I'd like to see 400 as the new bottom, I'll be pretty disappointed if we go sub 400 ever again.

Below 400 would be a great opportunity to load up more cheap coins though hmmmmm.........