What do you think on bitcoin going down? How much will it lower down?

[Bit4UTeam]

What do you think on bitcoin going down? How much will it lower down?

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[soham]

What do you think on bitcoin going down? How much will it lower down?

Bitcoin is going down entirely due to the high network congestion and high transaction fees. I see no other reason for bitcoin to go down. Bitcoin network is currently charging insanely higher fees to 998 sat per byte. Also a lot of transactions are pending due to high volume. So the technical limitations are what pushing the bitcoin price down.

It is impossible to predict the bottom as of now. But this is a correction which was not predicted by anyone. While other coins are going up, bitcoin price is constantly going down. I think it will go down to 11k level before bouncing back.

[redsuncrypto]

What do you think on bitcoin going down? How much will it lower down?

go down around 10k and it go up in begin 2018

[kingragnar]

In the past few days, the price has fallen significantly. Its price is almost at 20,000 USD per 1 Bitcoin but its price has fallen suddenly and it only costs 13,000 USD per 1 bitcoin because in this case many bitcoin holders are sorry for their money because of its stock market price has fallen completely. What I did to avoid losing my capital was to convert it to fiat money then wait for a while. But it's better to buy bitcoin now because its price is lower.

[talkbitcoin]

What do you think on bitcoin going down?

it is the usual big correction so far. price dropped about 35% and reached the bottom. if it stays here and goes back up in a couple of days then i will consider this the bottom. and it will be like every other time bitcoin dropped about 30% after a big rise.

How much will it lower down?

my hope is that it goes back to $10,000 so i can buy more of it because i currently have some funds ready to be invested but i don't think it will go any lower than $12,500

[CryptoTamer]

What do you think on bitcoin going down? How much will it lower down?

Almost for no reason about this dip / crash , this seems to be a price correction and before bouncing I think the price will down to 10k / 11k

[kurian]

It is definitely a roller coaster ride.. going up and down.. I think it will go up again by 2018 first week.

[Alaminshaikh]

I hope in the few days.so bitcoin price will be again get up huge .bitcoin price down for the network congestion and high transaction fees. Price some days after price huge UP.as soon as possible..

[gantez]

The dipping is normal. It is a correction from a long time run. Also, because of its high transaction fees, other altcoins like etheruem and litecoin are used making making attention to swift away from bitcoin.

However, l do not see price going back to $10,000 before the end of this year.

[Red-Apple]

with bitcoin you can never speculate its price, specially during the panic selling periods. right now there is not really any good reason for this kind of  drop. we were expecting a correction after the big rise which should have ended at $15k or worse case scenario at $14.5k but like always you can not predict how the weak hands react to the FUD and manipulation.

right now i don't expect price to go below $12k but you will never know as i said the people are unpredictable. but the buy support is still there and strong so you can expect a recovery soon after.

[ihsanskanzaone]

What do you think on bitcoin going down? How much will it lower down?

In my opinion, bitcoin will fall again because the bitcoin market is now in a downward condition indicating that bitcoin users are also beginning to decline. But otherwise the other coins actually increase in price. the price of the highest rise of bitcoin is 19000 USD and now the price drops to 13000 USD this is a very large bitcoin price reduction.

[alisafox2017]

Bitcoin is the most reliable in investing, my attitude towards to it is positive, since I get the constantly expected result. According to forecasts, the decline is expected to reach 7,000 - 8,000 $, but any market has an upward and downward trend of growth and this is completely normal, especially for Bitcoin. One is a plus, if Bitcoin falls in price, then altcoins begin to grow.

[coynedterm]

What do you think on bitcoin going down? How much will it lower down?

Perosnally I didn't found any reason that is more impactful toward down in the price of bitcoin, but I seen that since 3-4 days a small reason that is the confirmation is becoming problem because we need to pay high fee for confirmation , so if we are trader then we can't make profit with transfer of bitcoin from one place to another  ( site to site ) and also for fiat trading we need to wait for confirmation to make deal complete in trading .
So due to this reason in last couple of days are resulting into lack of buy of bitcoin demand and that results into down in bitcoin price .

[squidiot438]

Everything is normal according to trading rules. Corrections will happen sometimes especially when people get to their target earnings.

[Kobro]

 There is currently no good reason to drop this type. we expect a correction after a big rise that should end up on a $ 15k or worse scenario at $ 14.5k but as always you can not predict how weak hands react to FUD and manipulation.

[mOgliE]

No one actually knows about how low it will get..

That's impossible to say if it will stop and bounce back at 9k, 5K, 2k, 100$... No one can tell you that!

I guess that most bitcoiners (at least I do) hope that prices will become low enough to be able to invest and then hope for increases as we have seen in november!

[Devilwalk]

My guess would be around $10K - $8K. Put your buy orders on that range and thank me later

I've been expecting this dump for some time now and glad that it finally happen. I'm happy even though I still hold the majority of my BTC holdings because I did sell some on the way to top. Risk management is everything.

[yenimailb]

BTC Will Go up 20.000$ in 1 month.

[beego]

What do you think on bitcoin going down? How much will it lower down?

Bitcoin is going down entirely due to the high network congestion and high transaction fees. I see no other reason for bitcoin to go down. Bitcoin network is currently charging insanely higher fees to 998 sat per byte. Also a lot of transactions are pending due to high volume. So the technical limitations are what pushing the bitcoin price down.

It is impossible to predict the bottom as of now. But this is a correction which was not predicted by anyone. While other coins are going up, bitcoin price is constantly going down. I think it will go down to 11k level before bouncing back.

How about it being heavily shorted on the CHX? Everyone knew that real money had to create a dip so they could buy in. Here we are.

[yenimailb]

BTC Will Go up 20.000$ in 1 month.