BTC will crash to 7-8K ?

[Baronggot]

Bitcoin has gone far beyond the those figures being speculated but until now, bitcoin remains stable, unscathed, and keeps on rising with a new base price at 11,000$ now. And I think it will still continue its dominance as far as its market value is concerned.

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[fulmetal08larz]

Antyhing is possible in bitcoin. It might go down momentarily but it will surely go up and rise to the moon. There are many of us lurking and waiting for the price to go down and we will surely buy and go "All in" when it goes down. New investors will always keep coming due to the popularity of bitcoin and $10k was the level for them to realize the true value of bitcoin.

[Fedor07]

Every time Bitcoin falls down , he grow up a again . In  the last month   , Bitcoin  value was 5000$  , in just a few days after that , Bitcoin reach 8000$.  I  don't   think  that's gonna crash so much, maybe is gonna crash to 9000 or more   , and then will raise to 15000 or more . I guess we're gonna find out in the future. 😂

[osasshem]

To every fall in the price of bitcoin, it ends up to be some bitcoin price corrections, cause after that, bitcoin stabilise and continues to rise. So, bitcoin falling to $7k/$8k might not take place anymore, cause it's current price will only fall to $9.5k and rise again.

[TheGreatPython]

No, I really don't think that BTC will go down that low. Although there would be a correction, but it will not go that low. That's just like not realistic. I would like to sell this news, good entry as of now is 10.5k.

That maybe too low but there can be instances that we can see bitcoin to crash with that price. It may not be realistic to you since you used to see the price of bitcoin at $10,000 and more. Bitcoin is volatile and this is possible but I don't want it to happen though. Price is still good now at not going down to $9,000 anymore. Correction is way better than a crash, imho.

Yeah that’s the very low value and bitcoin will not go so much down because bitcoin has a large investor community and they will buy if now prices falls to the 7k and that will not let price down to 3k, this is impossible to go back because people are expecting the prices to rise more so that they can get their profit part soon and I am sure that bitcoin will rise more and will completely fulfil the people expectations to earn.

[pungopete468]

To every fall in the price of bitcoin, it ends up to be some bitcoin price corrections, cause after that, bitcoin stabilise and continues to rise. So, bitcoin falling to $7k/$8k might not take place anymore, cause it's current price will only fall to $9.5k and rise again.

Yes we won't see that low price of bitcoins now and even if people start dumping their coins and if there is crash in the price I don't think it can go below $10k so waiting for that price to buy is a merely waste of time.

[Payne976]

Yeah waiting is pointless especially if you are looking at a long term investment even if it drops the potential in growth over the next 5 years is worth it. (In my own opinion)

[danherbias07]

This is one reason why we should not believe any speculation from other people. We must create our own and trust our instinct. He did mention it was going to fall but guess what, it was doubled. 

I dont see one who have been correct here for most of the time. Maybe they can spot the bulls eye for once but not consecutive. It will always just be a guess for everyone.