Can Bitcoin come down to $1500 again?

[randythered]

Can Bitcoin come down to $1500 again?

I think unless bitcoin is completely finished we won't see 1500 dollars ever again, if it crashes I don't expect such a harsh fall and I think we will recover. The only way it will go to $1500 is if it is going to 0 or as good as 0.

[richardsNY]

if bitcoin back into 1000$ will be like bubble and no one will use it.

People will always keep using Bitcoin, that's pretty much guaranteed. The only thing where you're right is that if the price happens to go down to such lower levels, it confirms that current levels are nothing more than a bubble. But gladly, this is something that will not happen, unless the massive demand for Bitcoin miraculously sinks to the absolute bottom. Currently we've made far too much progress to fall back down, where in current time and day it's more likely to see the price go up further than going down. Wall Street is knocking on the door, which will push Bitcoin to newer highs, especially if institutions take long term positions in Bitcoin.

[GoodLuck2]

Can Bitcoin come down to $1500 again?

Seeing the achievement of all this I do not think is possible, but if bitcoin is not in need of peoples could have happened dude.

you are sure, up to 1500 or 15000, in the first case this is not realistic, in the second one it can be temporary.

The OP really seriously asks if the bitcoin could go back down to $1500.OP may expect to buy more when the price of $1500. lol

1500$ is so low mate and going down at so low is now impossible see the price it is already up to 18k and you are asking to the decline of 17k it is not admissible by the investor community because they invested and gave strength to the bitcoin and now they don’t want to see prices go high and the rise will continue because more regions will accept bitcoin in coming days so I don’t see 0.01% possibility of 1500$ again.

[aeternus]

Can Bitcoin come down to $1500 again?

Anything is possible and there are lot of ways to reach this drop. If a group of billionaires will conspire to sell all their bitcoins to make it fall and put to other coins, we called this pump and dump event. Also, if there is a world war III in which capable of destroying anything including species then bitcoin will become useless.

The scenario where whales sell their bitcoin to crash the price so much is not possible they are going to lose a fortune if they try to do maneuvers like that, whales are nor going to risk everything they have won by trying to crash the price that much that is only going to benefit other people trying to become whales as well, why they should make it cheaper for another person to become a whale.

[batang_bitcoin]

It can come down and it's not impossible but the fact that bitcoin went through different levels of test and the price gets higher and higher from time to time, I doubt it that we will be heading back again. Bitcoin is moving forward though I understand the idea of those people that wants to earn and wants to get in to bitcoin with a lower price, I'm sorry about that but I really don't think it will happen though it's possible.

[EcoChavCrypto]

$1500? No, maybe you forgot a few zeros in there, $15000 might be a good price, maybe that is the real price of bitcoin and it needs to be in there forever.

Probably no one in here likes this kind of volatility on the market.

A few days ago i sent $300 as a payment to a guy who sold me a smartphone that i bought for my mother, i go to the blockchain and it is now worth $375, do you see why this can not be volatile as this forever?

I am not greedy, i am just talking about the facts.

Even if it drops a little, will you commit suicide? a little drop is nothing, but yes, if it comes back to $1500 a lot of people will kill theirselves, just like it happened on 2013.

[aeternus]

$1500? No, maybe you forgot a few zeros in there, $15000 might be a good price, maybe that is the real price of bitcoin and it needs to be in there forever.

Probably no one in here likes this kind of volatility on the market.

A few days ago i sent $300 as a payment to a guy who sold me a smartphone that i bought for my mother, i go to the blockchain and it is now worth $375, do you see why this can not be volatile as this forever?

I am not greedy, i am just talking about the facts.

Even if it drops a little, will you commit suicide? a little drop is nothing, but yes, if it comes back to $1500 a lot of people will kill theirselves, just like it happened on 2013.

The volatility is going to be with bitcoin for a lot of time and this is not going to change that is the risk we take when investing in bitcoin, the opposite could have happened the bitcoin could be worth less and you will be happy since you were the winner in the trade, however if you are not comfortable losing money with bitcoin in that way the only thing you can do is to hold your bitcoin.

[Duzter]

Bitcoin reaching a value as low as $1500 is really impossible. If the same takes place surely the technology or the innovation behind bitcoin will get termed to be a failed one. Moreover altcoins will lead the cryptocurrency network which will not be good for a innovative network.

[TERA2]

It would happen in a flashcrash on a single exchange for 5 seconds, like the $100 in 2014

[SailorCoin]

I dont think so. The value of Bitcoin is actually so high, over 15000$ and still hyped. SO many people want to buy bitcoin and just waiting fr the dumps. When bitcoin would crash, it would crash maximum of 50% because so many people would rebuy and rebuy

[prabhu]

No chance for this are very few.The Bit coin value became more popular among people after 10k increased.Most people invested on the Bit coin.Bit coin is one of the most important in the world.This does not mean that the value will not decrease.Instead the price goes beyond 50k.

[AidenCasanova]

I dont think so. The value of Bitcoin is actually so high, over 15000$ and still hyped. SO many people want to buy bitcoin and just waiting fr the dumps. When bitcoin would crash, it would crash maximum of 50% because so many people would rebuy and rebuy

i'm agree with you
if i can add technical analisis, 38.2 from fibo retracement still a valid support position
if this level break, it will hold at 50
8000 is strong support level, but until today it hold above 11k