LOWEST PRICE BITCOIN WILL GET TO

[maokoto]

2000$, it did not happen. Although it can happen in the future.

In fact... it was just around 1000$ some months ago and the rise from that was too fast. I won't be suprised if it came back to that price at some point.

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[magneto]

I am actually worried at the rate bitcoin is dropping and I think it might reach $2K so I want to know if my suggestion is right.

Not really. The panic dump was triggered from a lot of FUD that was happening in China, and most of that was irrational. Even though yes, a few days ago we've seen some bearish markets but now the trend has turned bullish once again.

I'd say that $2k is still possible for this year but most likely if we were ever going to go down to $2k it's going to be next year. And there must be some big news to initiate the sell-off.

The support is strong at $3k so it won't be easy to break $2k.

[Harriti]

2000$, it did not happen. Although it can happen in the future.

In fact... it was just around 1000$ some months ago and the rise from that was too fast. I won't be suprised if it came back to that price at some point.

Of course it will dump to $1,000 in someday, but not now. It needs have a reason can makes us feel reasonable, then its value will auto drop down normally, does not by someone, it dropped by all traders on the market.

[Periodik]

2000$, it did not happen. Although it can happen in the future.

In fact... it was just around 1000$ some months ago and the rise from that was too fast. I won't be suprised if it came back to that price at some point.

Of course it will dump to $1,000 in someday, but not now. It needs have a reason can makes us feel reasonable, then its value will auto drop down normally, does not by someone, it dropped by all traders on the market.

You seemed so sure that bitcoin drops to $1,000 one day. I cannot find any valid reason for now. Well except for some temporary FUDs and harassment by governments and centralized banks who always wanted to control everything. Hoping bitcoin remains in at least hundred years.

[Wipro]

2000$, it did not happen. Although it can happen in the future.

In fact... it was just around 1000$ some months ago and the rise from that was too fast. I won't be suprised if it came back to that price at some point.

Of course it will dump to $1,000 in someday, but not now. It needs have a reason can makes us feel reasonable, then its value will auto drop down normally, does not by someone, it dropped by all traders on the market.

I don't think your dream will become true some days or month. According to me bitcoin price will never drop below 2500$ here after. Therefore you can damn to invest on bitcoin. When I entered into this forum that time bitcoin price was around 450$ alone and not more that but hitting peak value every month.

[kryptqnick]

2000$, it did not happen. Although it can happen in the future.

In fact... it was just around 1000$ some months ago and the rise from that was too fast. I won't be suprised if it came back to that price at some point.

It didn't happen now, so I don't think it can happen in the future. What else can happen that will lead to btc going so down again? Only if all our world as we know it goes down. I mean, if some shit like atomic war or something else no less destructive than that occurs. Honestly, I think we are rather safe with btc as a great cryptocurrency for the next 10 years or so. I think the lowest price btc can reach is $2800.

[Victorycoin]

2000$, it did not happen. Although it can happen in the future.

In fact... it was just around 1000$ some months ago and the rise from that was too fast. I won't be suprised if it came back to that price at some point.

Of course it will dump to $1,000 in someday, but not now. It needs have a reason can makes us feel reasonable, then its value will auto drop down normally, does not by someone, it dropped by all traders on the market.

I don't think your dream will become true some days or month. According to me bitcoin price will never drop below 2500$ here after. Therefore you can damn to invest on bitcoin. When I entered into this forum that time bitcoin price was around 450$ alone and not more that but hitting peak value every month.

That is a fact, Bitcoin have now many more adopters than it had attracted back then and more adopters simply means, much more demand for Bitcoin and by extension, more valuable the coin becomes. Ultimately the coin becomes greatly decentralized as more people adopt it and that can be a reason, overwhelming drop in price would no longer be all said and done.

[thecodebear]

I think that $29xx we save last week is the lowest it will ever be. $3000 is a very solid psychological and technical base level of support. $3000 was the peak of the spring-time bull run and the base of the summer bull run. Last week crashing down just under $3000 made the price just up $1000 the very next day! We've very likely now left  the $2xxx's behind for good. Buying under $4000 is like stealing gold at this point!

[(o)(o)ilikeboobs(o)(o)]

I think that $29xx we save last week is the lowest it will ever be. $3000 is a very solid psychological and technical base level of support. $3000 was the peak of the spring-time bull run and the base of the summer bull run. Last week crashing down just under $3000 made the price just up $1000 the very next day! We've very likely now left  the $2xxx's behind for good. Buying under $4000 is like stealing gold at this point!

What you told is correct but now bitcoin is not able to cross $4200 level and it is just breaking below it so once it is crossed we can see the old ATH price breaked.

[Wilhelm]

Looking at the Bollinger Bands on the 1w charts we cannot go below $1400
We are only half way to  the median so no panic yet.
Looking at Bitcoin history we have only hit the lower Bollinger Band 3 times or so.


My guess is that the BB median could get tested again which is now $3000.

So $3000 is the lowest for now.
If we pass that point we could hit a lowest point at $1400

[BitMaxz]

Looking at the Bollinger Bands on the 1w charts we cannot go below $1400
We are only half way to  the median so no panic yet.
Looking at Bitcoin history we have only hit the lower Bollinger Band 3 times or so.


My guess is that the BB median could get tested again which is now $3000.

So $3000 is the lowest for now.
If we pass that point we could hit a lowest point at $1400

That's impossible to happen in bitcoin and i think there are some supporters out there and they don't let bitcoin to down..
There are some business that actually can refill if there are someone are selling bitcoin so that the price of bitcoin could not reach until $2500 but hoping this time we will see a great movement after the chinese news .. and hope china will not involve in this issue..

Price for now i think can be stay long in $3k value the trends for bitcoin in google are still high in demand so i  think there are still possibility that the price of bitcoin can be increase back what is the price from the past months ago .

I don't really imagine that the price can be hit back at $1400 for me its impossible even its unpredictable and volatility bitcoin will never hit that level again..  ..

[BitHodler]

bitcoin is not able to cross $4200 level and it is just breaking below it so once it is crossed we can see the old ATH price breaked.

I find it hard to believe that we'll break through the 'old' ATH while things are still unclear when it comes to what China will end up doing in the coming weeks, where we also have the hard fork coming closer day by day.

If we can manage to hold the $3000 level confidently from this point all the way till after the hard fork that may or may not happen, the market, depending on the outcome of this fork, will definitely rocket through the $5000 mark again.

With all that in mind, we shouldn't focus on reaching a new ATH yet. Let's just see how the coming weeks will be, and from there point our focus at the hard fork date that is coming closer and closer ~ fud will start boiling too at that time.

[chocolah29]

2000$, it did not happen. Although it can happen in the future.

In fact... it was just around 1000$ some months ago and the rise from that was too fast. I won't be suprised if it came back to that price at some point.

Of course it will dump to $1,000 in someday, but not now. It needs have a reason can makes us feel reasonable, then its value will auto drop down normally, does not by someone, it dropped by all traders on the market.

I just find this so unrealistic. Yeah anything can happen in the market but this is far beyond from what's happening now.
Don't be so sorry if you haven't took the chance to buy in dips because you still have the chance. And I'm quite sure even bitcoin crash, traders won't dump it easily as they trust bitcoin enough to hold even if it's crashing. It's only for the weak hand though.

[chesthing]

Looking at the Bollinger Bands on the 1w charts we cannot go below $1400
We are only half way to  the median so no panic yet.
Looking at Bitcoin history we have only hit the lower Bollinger Band 3 times or so.


My guess is that the BB median could get tested again which is now $3000.

So $3000 is the lowest for now.
If we pass that point we could hit a lowest point at $1400

Good post.

[jtipt]

2000$, it did not happen. Although it can happen in the future.

In fact... it was just around 1000$ some months ago and the rise from that was too fast. I won't be suprised if it came back to that price at some point.

Actually I would be rather surprised if that happens. For price to drop that much BTC needs to lose too many users, and for its current popularity it can only rise with minor setbacks from people panic selling. Unless bitcoin loses its popularity for some reason only then price can drop back to that.

[Yuhee]

2000$, it did not happen. Although it can happen in the future.

In fact... it was just around 1000$ some months ago and the rise from that was too fast. I won't be suprised if it came back to that price at some point.

Actually I would be rather surprised if that happens. For price to drop that much BTC needs to lose too many users, and for its current popularity it can only rise with minor setbacks from people panic selling. Unless bitcoin loses its popularity for some reason only then price can drop back to that.

I don't actually get your point but i think it's better for bitcoin to get more popularity and gain more users to make at least reliable to the government. And if ever btc drops, it's would be so that there will be another bitcoin pump to even profitting of the bitcoin for the users. Because it would give oppurtunity to low traders to at least have maximum bitcoin when the time for dumping comes.

[TravelMug]

2000$, it did not happen. Although it can happen in the future.

In fact... it was just around 1000$ some months ago and the rise from that was too fast. I won't be suprised if it came back to that price at some point.

Actually I would be rather surprised if that happens. For price to drop that much BTC needs to lose too many users, and for its current popularity it can only rise with minor setbacks from people panic selling. Unless bitcoin loses its popularity for some reason only then price can drop back to that.

Correct, we have already seen the effect of Chinese in the market and the price goes to $2800-$2900. That's the lowest we got before the panic buying occurs. So I can't see that the price could tank at $2000 much more to $1000. A lot of investors are really buying in this dip and not waiting for the price to go down further. Those minor setbacks would be price correction so it won't be significant to crash the market to the levels that I have said. After the dust have been cleared, the price goes up to $4000 already making it hard to fall again in similar fashion as it is in the previous 2 weeks since the negative news coming from China started.

[NoNetwork]

2000$, it did not happen. Although it can happen in the future.

In fact... it was just around 1000$ some months ago and the rise from that was too fast. I won't be suprised if it came back to that price at some point.

Of course it will dump to $1,000 in someday, but not now. It needs have a reason can makes us feel reasonable, then its value will auto drop down normally, does not by someone, it dropped by all traders on the market.

I think you will never live the day to see Bitcoin dropped that low, since it is still very young and still didn't get the reputation it deserve. Well, you're right that eventually it will drop to some point, the only reason why it will drop that low is when other coins cope up destroy Bitcoin and took over its place as the King.

[1Referee]

the only reason why it will drop that low is when other coins cope up destroy Bitcoin and took over its place as the King.

Bitcoin can't get surpassed in any shape or form. Yes, there are altcoins offering faster confirmations. Yes, there are altcoins offering cheaper confirmations. Yes, there are altcoins offering privacy centric features. This all means absolutely nothing for Bitcoin - despite all of the mentioned benefits that altcoins enjoy, people want just one thing, and that's the original and most secure network, which happens to be Bitcoin. Nothing in the world can change this. Another thing to point out is that a lot people look at altcoins having faster and cheaper confirmations, but that's mainly due to the fact that they barely enjoy any actual network usage. Just look at what happened with Ethereum at the time it had to handle a whole lot of usage - its network suffered big time, and fees shot up like a rocket, and that while Ethereum was fast and cheap according to people.

[RodeoX]

the only reason why it will drop that low is when other coins cope up destroy Bitcoin and took over its place as the King.

Bitcoin can't get surpassed in any shape or form. Yes, there are altcoins offering faster confirmations. Yes, there are altcoins offering cheaper confirmations. Yes, there are altcoins offering privacy centric features. This all means absolutely nothing for Bitcoin - despite all of the mentioned benefits that altcoins enjoy, people want just one thing, and that's the original and most secure network, which happens to be Bitcoin. Nothing in the world can change this. Another thing to point out is that a lot people look at altcoins having faster and cheaper confirmations, but that's mainly due to the fact that they barely enjoy any actual network usage. Just look at what happened with Ethereum at the time it had to handle a whole lot of usage - its network suffered big time, and fees shot up like a rocket, and that while Ethereum was fast and cheap according to people.

I agree. So many people think some alt is going to replace bitcoin. Why? That question is never considered. Most alts are outright scams. Others are trying to solve a nonexistent "problem". It could be that miners aren't paid enough. Or banks can't control bitcoin. Or it's too slow. People who do not understand bitcoin think this sounds good but are not in a position to see what this means for the system. For example it is super easy to speed up Tx times, just do less security. Of course your coins are more at risk and the system is weakened. Is that a solution?
Alts come and go. But the actual, original, idea is bitcoin and no wanabe coin is going to cut it for me. I only want bitcoin. The rest are mindless coupons, IMO.