do you think bitcoin will go back again to 10k or even below 10k

[vince212]

with south korea's move and bitcoin's overall downtrend do you think it an go further below 10k?

[1715593616]

1715593616

[dothebeats]

There's a high chance that we might see sub-$10k by January as this month is notoriously known to be the month where bitcoin struggles the most. Chances are we hold $13-$14k and not see sub-$10k or see $10k and be brought to the depths of $7500-$8000 before a yet another extreme run to higher highs. Lots of possibilities and we, as mere speculators, can only guess.

[Vin183~]

My opinion is bitcoin will be back to more than 10k so better to keep bitcoin so we can a big profit.

[steadyrice]

I'm thinking we won't go back to sub $10K levels any more, since the upward resistance at the $10K level will probably be very strong. I think the price will continue to remain below the $15K level for some months, and the push will begin towards the second quarter of the year. But as always, this is just speculation since it is pretty much impossible to determine the future course of cryptocurrencies.

[fiulpro]

I think.. it can.. for sure.. because it's unpredictable entirely , we cannot say anything about it.. and downward trend according to me is gonna stop after 1st week of January because after that.. we can easily get the holiday season abay ..after 1st of January , there will be plenty of investors.. flocking in then,
The price of bitcoins will for sure increase..and then there will be profit for the holders as well as the new investors.

[coinycoiny]

Based on the last big fall from 4 years ago then you might expect a slow fall throughout 2018 to end up sub 4k.

Problem is, this time bitcoin is broken, so unless it gets fixed there's no reason it can't go lower. I mean, how can something that doesn't do what it was meant to, be worth $1 million let alone $200 billion.

The bigger risk is something becomes bigger than btc (possibly eth) but that could then trigger a sudden realization that there isn't anything particularly special about btc so could then fall yet further.

[xtisoc]

It's typical for BTC bubbles to get settled at the top of the previous bubble (5. dec. 2013 - 1.077$)
So the answer is YES!, it will go under 10K, much closer to 1K then to 10K...

[coinycoiny]

I think.. it can.. for sure.. because it's unpredictable entirely , we cannot say anything about it.. and downward trend according to me is gonna stop after 1st week of January because after that.. we can easily get the holiday season abay ..after 1st of January , there will be plenty of investors.. flocking in then,
The price of bitcoins will for sure increase..and then there will be profit for the holders as well as the new investors.

Why are investors going to invest in something that doesn't work and is valued at $200 billion. Investors invest in things that are either very cheap with a big upside, or something that offers a reasonable dividend. Your Dad might invest $1000 dollars but institutional investors will look elsewhere.

[JanEmil]

Bots, stop loose, loan to buy bitcoins and savings getting smaller. Panic can come suddenly.

[akram143]

with south korea's move and bitcoin's overall downtrend do you think it an go further below 10k?

Yes,I think bitcoin price will decrease below $10K,I think it will go upto $8K.This is happening due to the high transaction fee I think because we can't use our bitcoins when needed most so people look for coins with faster transaction and cheaper fee.So only the price of ripple bumping in recent days.

[jakelyson]

with south korea's move and bitcoin's overall downtrend do you think it an go further below 10k?

Not the first country to try to regulate or ban bitcoin. This is just an initial reaction to the story, it will turn around and go back to 15K level and maybe more.

[masphie]

with south korea's move and bitcoin's overall downtrend do you think it an go further below 10k?

after down a month ago, and for now raise again...
I think downtrend will be happen again, but my prediction is still above $10.000

[danielwwt]

well, it doesn't really matter what people thinks, rather how what you will do about it. Hold? Sell and buy?

I'm actually thinking about buying some USDT.

[blueteam09]

with south korea's move and bitcoin's overall downtrend do you think it an go further below 10k?

With the current downward move I can tell you that it will certainly reach $ 10K even down under $ 10k in the new year. This would be something that would make those who own bitcoin sad.

[Azurewrath]

there is nothing possible, especially wallstreet get involved, there are too many shorting futures, but i think when the price go back to 10k, many of us will buy some bitcoin

[ECE_2018]

Yes, there's a high chance that it will go back to 10k or lower since the price is so volatile but I believe that it will recover and exceed 20k in 2018.

[endlasuresh]

A lot of scamming and hacking has happened in the past few days and the other thing is Christmas, also people got panic about this and started to sell their BTC. I am hoping it arises once these panickers leave Bitcoin.

[JL421]

with south korea's move and bitcoin's overall downtrend do you think it an go further below 10k?

It will mostly hover around 10-20k for the first few months of January and then will get it's break again and increase in value again. Asians long as there's no much of panic selling the fluctuations will eventually bring up bitcoin's value back up.

[goldade]

with south korea's move and bitcoin's overall downtrend do you think it an go further below 10k?

Since the price of bitcoin is unpredictable due to its volatility, no one is sure whether the price will increase or decrease.
There may be a decrease in its price but not below $10000. This is due to the fact there will a lot of selling in the first week of January and so there will a significant decrease in its price.
Beyond that week, I think the price of bitcoin will return to  $20000 and avove

[crisnel26]

It is also possible to happen. Nothing is impossible when it comes to bitcoin. When people we're encouraged to engage to other crypto i think that might happen.