Bitcoin prognosis

[Stellina]

Hi guys! What do you think, will bitcoin fall  to $ 3000 in the near future?

[CoinsCoinsEverywhere]

I think that all anyone can honestly say to this right now is maybe.  The fact that we broke back up into the $4000s again is a good sign that the next leg may be up rather than down.  But we really need to get back up above $4500 or so to demonstrate that the market has recovered from all of the recent China issues.  However, even if we do, such a quickly-hit bottom around $3k makes me feel like we still need to "clear the air" (i.e., have a good shakeout) before we can return to a healthy, solid bull run.

[Kemarit]

Hi guys! What do you think, will bitcoin fall  to $ 3000 in the near future?

Why do you want to fall bitcoin to $3000 though?

Nobody know what the future brings. But if you are going to look at the current trend, its like having a consolidation in preparation for another bull run that will push the price even further. So its very unlikely that we are going to see it soon. The China effect is now over, and if ever it hasn't only minimal and will not put the price go down again compare to the last previous crash we have wherein all the negative news coming from them has significantly pull the price below $3000. If you are thinking of buying, then you have to wait before entering the market. Because I highly doubt that we may seen another sub $3000.

[Qartersa]

If it did, then it's time to sell your house, you car, you yatch, your wife and kids. Then buy bitcoins after that! The price of below $3,000 is quite the steal. I don't think bitcoins are worth less than this. I do even believe that bitcoins could reach $1 per satoshi! That's the best thing we could hope for, but it would happen probably in the future. There isn't enough bitcoins for it to circulate freely from everyone, so I think the supply will never meet the demand.

[DaMut]

what do you mean by 'fall' ?
will it hit $3000 marks in the near future and then recover ? or will it hit $3000 in the near future and then moving downward again ?
there are 2 possibilities that will happen which are yes and no.
i believe when we heard something like this again(for example like chinese goverment banning their citizen and exchanger to trade Bitcoin in their country,and at the same time other country declare something like that too) we should see a major decline that will happen in the price.
but for now i can not see any sign of it,except that hardfork.
some people said a big change will happen and some people said it will not.

other than talking about 'fall' how about 'rise' ?
in coming days or weeks we should see another movement upward in the price.
we should be can see another all time highs in coming days/weeks.
how about preparing yourself facing that movement other than talking about this ?

[ragnar0k]

I think the china news would have been enough to kill for a while any global companies... But BC did not go below 3k.
It simply means to me that there is not enough people willing to sell below 3k, and as the time passes we can expect this threshold to increase slowly

This is my completely uninformed and unreliable opinion

[kachimasu]

If there is some important CEO saying that bitcoin is a scam or worth nothing it may fall, but will always get up, that's the beauty

[alyssa85]

I think it's consolidating between $4000 and $4200. If it dips it will go to about $3500, but no lower.

We're out of nerd stage and into in adoption stage, where many wealthy people now feel they "must" have some bitcoin in their portfolio, just in case. And there are a LOT of wealthy people around...

[talkbitcoin]

If there is some important CEO saying that bitcoin is a scam or worth nothing it may fall, but will always get up, that's the beauty

what you are missing is that FUD only works if it is said on a correct time and combined with some market manipulation.

for example even if all the CEOs in the world say bitcoin is shit today, nothing will happen because we are on the recovery and price is rising with a good buy support that is hungry for even a $20 discount to buy in.

[pabpete]

If there is some important CEO saying that bitcoin is a scam or worth nothing it may fall, but will always get up, that's the beauty

CEO of what? From time to time people trying to beat the price by talking that BTC is scam. It is free market and open source code, so everyone who have brain know what that mean.

After this last hard fall to $3000 i'm sure there is no way to repeat this price. The worst what can happen is $3500 - $3600

[aardvark15]

Hi guys! What do you think, will bitcoin fall  to $ 3000 in the near future?

There's no way to know if Bitcoin will drop back to $3000, but I would not be surprised if it did. We could be in a period of time where the price fluctuates in a range and it could drop to $3000 or below. It's also possible that the price never drops that low again. It depends on various factors including supply and demand, the economy, and current news about Bitcoin. The issues with China leave a lot of uncertainty for many people that makes me think we aren't going to see the price go up to $5000 for a while.

[maokoto]

I do not think that can happen in the near future without further negative news (i.e: China banning Bitcoin totally). I am even very optimist that the price maintained over 3000 in all this situation.

[kachimasu]

If there is some important CEO saying that bitcoin is a scam or worth nothing it may fall, but will always get up, that's the beauty

CEO of what? From time to time people trying to beat the price by talking that BTC is scam. It is free market and open source code, so everyone who have brain know what that mean.

After this last hard fall to $3000 i'm sure there is no way to repeat this price. The worst what can happen is $3500 - $3600

There are so many factors, it's a very speculative market, so anything is possible

[Stedsm]

Everything depends on how we take it, the more panic that might take place just like it did when BCH was released may be seen as Bitcoin Gold's release comes near. Fall to 3000 again seems impossible though, maximum drop that I see it falling to is near 3600 and not a buck less because that was the level where it used to hold steadily. Again, it looks like a more speculative judgment than to say very genuinely but nobody wants it down there. 

[kachimasu]

Everything depends on how we take it, the more panic that might take place just like it did when BCH was released may be seen as Bitcoin Gold's release comes near. Fall to 3000 again seems impossible though, maximum drop that I see it falling to is near 3600 and not a buck less because that was the level where it used to hold steadily. Again, it looks like a more speculative judgment than to say very genuinely but nobody wants it down there. 

If you want to buy you want it down there

[Proton2233]

It is strange why there are always topics. Is OP still not understand that actually no-one knows what will be the price of bitcoin. People who try to predict the future of bitcoin is based only on the existing situation. Such forecasts can not be trusted. It seems to me that these threads are created just to increase the number of posts.

[pedrog]

I was hoping so, with the Chinese exchanges closing there would be another big dip but market is very strong, and bullish.


It seems we're going higher and higher.

[CONANEDO]

the market now is play by big investors,news,and people's like jamie dimon.we only can take the advantage by their action or maybe loss our BTC because their action.so you can't be sure what will happen in the future,no one can.

[manselr]

If there is some important CEO saying that bitcoin is a scam or worth nothing it may fall, but will always get up, that's the beauty

CEO of what? From time to time people trying to beat the price by talking that BTC is scam. It is free market and open source code, so everyone who have brain know what that mean.

After this last hard fall to $3000 i'm sure there is no way to repeat this price. The worst what can happen is $3500 - $3600

I guess he is talking about Jamie Dimon (CEO of JP Morgan) saying how Bitcoin is a fraud.

We've had Wolf of Wall Street himself saying recently that Bitcoin was a fraud too. A lot of people seem to want to get their personally timed dip to buy at the right time. Too bad it didn't work for Mr Belfort because the price is going to $5000 in a matter of days now.

[loda.doa]

I think nobody wants Bitcoin price goes down. Actually it is growing again