Price going below 2k$

[CasinoRoyal.one]

It was a slight correction but I'm happy that the floor now seems to be over the $2k mark.

[1714149223]

1714149223

[linkybit]

I think it is correction time, and probably stay around 2k.

[DustyRah]

It was a slight correction but I'm happy that the floor now seems to be over the $2k mark.

We will know if it really is a floor in a few weeks. All this has gotten few of the major investors interested and its just only beginning.

[OrangeII]

It was a slight correction but I'm happy that the floor now seems to be over the $2k mark.

We will know if it really is a floor in a few weeks. All this has gotten few of the major investors interested and its just only beginning.

If the price is seen, the current bitcoin price is creeping up, although the rise is slow, but it may continue to rise steadily. Well, I do not expect bitcoin prices to go down, but in my opinion, the more people will need bitcoin, then the price increase will definitely happen, and it happens now.

[Question123]

Many people said china try to dump bitcoin so last few days ago the price goes to below $2000 . But after the dumping we have pumping the pruce of will go back and it will recover again. I dont know why china wants bitcoin dump because they want their own coin become like a bitcoin. Sorry to say but china is envy . I believe even china there dump bitcoin they have many country also like Australia there to pump bitcoin. I cant wait july 1 for sure the price will pump high after that.

[lottery248]

if the continuous pump, the bitcoin price would go far lower and harder to go back to the high place; pumpers need to have a breath about this rise so they needed to sell some of them before they will be able to rise the bitcoin again. the bitcoin price affects the majority of altcoins as well. the dump might be a trap to sell your bitcoins so be aware of the price.

It was needed. And still need a lower correction. Around 1400$ would be good. And in 1 years BTC will be back to the top. I'm waiting for lower prices to buy a few btc.

really? buying a few btc might be a $10.000 question; IMO in this trend, unless the mining fever in China has gone resulting a major crash of bitcoin price, it is almost when pigs fly to let bitcoin go back to $1400; $1900 at this moment is the lowest possible pricing in a short term.

[stolendata]

Drop of 400$ in just two days and it will probably go below 2k$, is that China dumping or something else? Will it cause the mass selling and buying once the bitcoin drops as low as it will? Or will the acceptance of bitcoin in Australia of 1st July recover the price as it was a few days ago?

if we study the increasing ration of bitcoin we can see that the price of bitcoin is almost doubt in previous 1 month. so if ithe price drop a little bit so it is normal because the price of bitcoin has to take some correction and therefore the price of bitcoin can fell down, but after that it will agian start increasing and hope that this time we will see 30000 USE level very easily.

[sandor111]

Price went below that level before few days but now its started to regain its price again and in coming days we will see the price crossing $2500 level and now I don't think that price will go below $2000 again as people have started to buy which is taking price higher.

[Baofeng]

Price went below that level before few days but now its started to regain its price again and in coming days we will see the price crossing $2500 level and now I don't think that price will go below $2000 again as people have started to buy which is taking price higher.

I think we are going to see a bearish trend for the next days or even weeks to come. I observed the price to be ranging in $2200-$2300 and not going up. And for me this is much OK as compared to the dipping price we see a few days ago. Maybe next month we are going to see a up trend again. I hope.

[richardsNY]

I think we are going to see a bearish trend for the next days or even weeks to come. I observed the price to be ranging in $2200-$2300 and not going up. And for me this is much OK as compared to the dipping price we see a few days ago. Maybe next month we are going to see a up trend again. I hope.

Bearish trend? Take it easy.... If you closely followed how the price has gone up recently, you'll know that the market was considerably overbought. If you discard the peak to +$2700 (it was pure panic buying that resulted in that peak), then current levels aren't really that far away from the more justifiable all time high that sits around the $2400 level. From there the market is doing exceptionally well, considering that it maintains its position above $2000 quite easily.

[bettercrypto]

With the current drop and recovery of bitcoin price, I doubt that bitcoin will go down below $2000.  I is quite stable at around $2200 but once the hype from the upcoming news like adoption of countries and big companies involving in bitcoin, the price will definitely increase.

[maku]

Drop of 400$ in just two days and it will probably go below 2k$, is that China dumping or something else? Will it cause the mass selling and buying once the bitcoin drops as low as it will? Or will the acceptance of bitcoin in Australia of 1st July recover the price as it was a few days ago?

The higher overall price of bitcoin will be the bigger corrections are. It is only natural. In the next few years $400 daily price shift won't be anything special.
It wasn't China dump, it was accumulated liquidation of short positions. We will see soon bullish trend again, this time we can go even higher than $3000.

[potatopower]

Drop of 400$ in just two days and it will probably go below 2k$, is that China dumping or something else? Will it cause the mass selling and buying once the bitcoin drops as low as it will? Or will the acceptance of bitcoin in Australia of 1st July recover the price as it was a few days ago?

The price didn't go that low and china isn't dumping their bitcoins, there was a small panic sell maybe from the people wanting to not end up in a huge loss, but the price is coming back now, it didn't blow up completely so it is the only matter of time when it will happen. In my opinion the next inevitable drop will be to 1700 dollars or something

Bitcoin price goes up, bitcoin price goes down. Bitcoin price goes up, bitcoin price goes down. Other times, the price stays the same. For all the people crying and moaning the price was rising too fast, well here's your chance to buy under $2k. Make sure you're set for the next leg up.

there wasn't a chance to do that + right now is a stupid time to buy bitcoins because the price is definitely going to drop a lot when the panic sell starts to happen.

[btc_angela]

With the current drop and recovery of bitcoin price, I doubt that bitcoin will go down below $2000.  I is quite stable at around $2200 but once the hype from the upcoming news like adoption of countries and big companies involving in bitcoin, the price will definitely increase.

It drop below $2000 during the panic sell but was quickly recovered. And now it looks like the price is stable again at $2200. Well there will be another hype coming in, Australia in July 1. I don't know if we are going to see another pumping of the coin and reaching around $2700 or more. Let's just hope there will be no panic selling because it is scary to see the price dropping like a sack of potatoes.