JordanDude9 (OP)
Newbie
 Offline
Activity: 8
Merit: 0
|
 |
December 02, 2017, 05:58:04 AM |
|
Can bitcoin price drop below $10k in 2018? What you think?
|
|
|
|
|
|
|
|
|
|
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
|
HabBear
|
|
December 02, 2017, 06:02:35 AM |
|
Can bitcoin price drop below $10k in 2018? What you think?
Yes, of course! The price fluctuations are wild. Where the price is on any given day isn't as important as the long term trend, "the chart" as we call it. In the past we've had 80% declines in price over a matter of a few months. So, don't be too surprised if we see a similar move in the future, especially after having a run up like we've had this year or in response to some seriously negative news. |
|
|
|
|
|
Ayush rana
|
|
December 02, 2017, 06:03:47 AM |
|
It all depends upon how the global market works and how the countries react on it. As Indonesia ban bitcoin because of huge value difference between Bitcoin and Indonesian currency. If other countries ban it then may be the price will fall, but if countries start giving legal certificate to bitcoin then its price will increase in 2018.
|
|
|
|
|
Chyton
|
|
December 02, 2017, 06:05:43 AM |
|
Well there is a chance, people are going to sell some of their coins for Christmas and new year gifts/presents/etc.
Imagine thousands of people selling their coins for gifts this new year, it will drag Bitcoin price below $10k for sure.
|
|
|
|
|
paragon07
|
|
December 02, 2017, 06:07:59 AM |
|
maybe yes, we don't know what happen next few years. no one can speculate or predict what will be the price of bitcoin. its normal that bitcoin price will drop.
|
|
|
|
|
|
Sahyadri
|
|
December 02, 2017, 06:08:36 AM |
|
Crypto currencies are very volatile in nature and a crypto trader knows this and won't ask such a question. The price might go up or down depending on the demand as there still 30 days left to 2018. Although I think the price will go up since the overall demand of BTC has increased in the past few days and there was a good correction in Bitcoin's price recently, chances are there that the price might jump as 2018 starts.
|
|
|
|
|
shinjunobi09
Member
Offline
Activity: 126
Merit: 14
|
|
December 02, 2017, 06:09:20 AM |
|
Yes, it is possible with the fast uprising growth of bitcoin price in the market it's possible that bitcoin can drop 10,000 USD or even a price which is lower than that. Well regardless even during that instances can happen because bitcoin price is not stable and it can go up or go down depending upon the demand of bitcoin during that period of time.
|
|
|
|
|
add1ct3dd
|
|
December 02, 2017, 06:11:39 AM |
|
Yes, maybe but we can't sure of this one because were just on it taking part and ongoing to the next part bitcoin. That road to $20,000 wowwwww many predictions cake out there, but i'm only sire HOLD is the best strategy and buy BITCOIN when it dumps is the best. Don't even sell your bitcoin because if you sell it. Then peobably you just lose a lambo
|
|
|
|
|
Rabiulawal12
Newbie
Offline
Activity: 27
Merit: 0
|
|
December 02, 2017, 06:15:22 AM |
|
Can bitcoin price drop below $10k in 2018? What you think?
No I don't think so Bitcoin will drop below 10000$. I believe that 2018 is the time will Bitcoin touch 20k$. Because Amazon and other big companies thinking to add bitcoin as a payment processor. Do we can see big pump in the this up coming year. Just hodl |
|
|
|
|
Cyberczar
Full Member
Offline
Activity: 368
Merit: 100
Crypto and blockchain writing service
|
|
December 02, 2017, 06:16:56 AM |
|
There's no way that's going to happen. The price of bitcoin is on an cumulatively upward push and as we can see, many more people are adopting it as a means of payment and investment. As people do, the demand is going to push up much higher than $10,000 dollars and corrections wouldn't be anywhere near that $10,000 dollar mark. I see a situation in 2018 in which the benchmark for corrections would be somewhere around $30,000.
This would be so because much investment capital would be moving into the bitcoin market. Presently, most of that investment fund is in the hand of the early adopters and folks who can take risks if there is money to be made. The institutions with the clout, finance and expertise to from the regulated financial organizations are yet to adopt bitcoin as an investment vehicle. We are going to start witnessing those class of investors in the next few weeks and that would push the price of bitcoin well beyond the $15,000 mark.
We should expect bitcoin to close the year with a high of about $18,000. Next year, we will witness a price that hover around $40,000 and corrections around $30,000.
|
Crypto and blockchain writing service
|
|
|
|
CryptoBry
|
|
December 02, 2017, 06:41:10 AM |
|
Can bitcoin price drop below $10k in 2018? What you think?
Yes, of course, it can! There is no ceiling limit as to how much can Bitcoin go down. This is volatility but we are all hoping that it will not anymore go down at that level especially if it has already surpassed the $15K mark which I expect to happen within the four months of 2018. I am positive that 2018 can be the most positive year for Bitcoin and just a rampaging bull it can go surging and surging with so much energy. Bitcoin is here to stay and we should get in to the Bitcoin bandwagon as much as we can. |
|
|
|
|
raven7886
Legendary
Offline
Activity: 1512
Merit: 1041
|
|
December 02, 2017, 07:29:50 AM |
|
Can bitcoin price drop below $10k in 2018? What you think?
I hope you know that bitcoin is past $11,000 and headed straight to $15,000, maybe you need to check the charts and value presently. So, expecting a fall at $10k is just like advising someone to jump into a well filled with soldier ants. I do not know what is going to happen with bitcoin in coming months, but I am sure there would be some selling pressure at this point that would result to a correction, but no one should be expecting a huge one and even just buy more if you get the chance. |
|
|
|
|
|
Poll
