How low will bitcoin go?

[reck1ess]

What will be the lowest value of bitcoin before it will start to rise again?
Right now it is going straight low.
Check the poll. (top)

Choices:
• $12,500-$12,000
• $11,999,-$11,500
• $11,499-$11,000
• $10,999-$10,000
• Below $10,000

[1715469929]

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[MakeMoneyBtc]

Right now bitcoin is not the only coin who is going down. If you look at the market all of the coins go down with over 5% a day and thats because a big team of experienced traders control the market so they can buy coins when the price is down and sell it later for huge profits.

It think bitcoin price can go lower than 10.000$, that wouldnt surprise me because it happened before. Of course we cant know for sure what is going to happen but I think it would go some around 10-11k, than it willi rise again. The big question is how much is it going toto increase after this fall? Is it going to hit 25k? 15k? Everything is possible and we can only wait and see what is going to happen because we cant control the market

[boboking]

I think it will be around the $12,000 area, yes bitcoin and other coins are declining. For me as long as it stays above $10,000 it is still okay if it breaks the $10,000 support line people may panic sell their coins and we may see a big dive in price.

[sanmankrauss]

I think this will go down as low as 5000$ that will clear out the taxi drivers and people who are purely "investors" after that we will se new highs being formed by the actual users of the bitcoins

[Coyoteerex09]

I think this will go down as low as 5000$ that will clear out the taxi drivers and people who are purely "investors" after that we will se new highs being formed by the actual users of the bitcoins

On what basis your point is? I don't think the price would be low that much or near the 10K level. Right now bitcoin have crashed in the market because of the current event in south korea where big exchange companies were raided because of their irregularities.

[sanmankrauss]

I think this will go down as low as 5000$ that will clear out the taxi drivers and people who are purely "investors" after that we will se new highs being formed by the actual users of the bitcoins

On what basis your point is? I don't think the price would be low that much or near the 10K level. Right now bitcoin have crashed in the market because of the current event in south korea where big exchange companies were raided because of their irregularities.

I am basing on some theories not exactly facts, its my view could be wrong but I would like to see it there once so that all the "new money" in this disappears

[rphk]

Bitcoin price will not go down further ,it will be staying at $10000 as a correction , once correction is settled it starts rising again , there is hope that it may reach $20000, but it takes time to rise , we may need to have patience , and when it goes down buy it in small amounts in different intervals and when starts rising sell that if you have made profit from it . Since bitcoin is very much popular and its usage is spreading across world there is big chance to grow further.

[radharX]

Impossible to say. Could go to zero.

With much of the world heading into Christmas and New Years holidays, trading will be light. Holidays have often been times prices dropped lower, so it may have some downside yet.

Bitcoin Cash has been quite negatively correlated with Bitcoin. That is to say if you keep an eye on things the price of BTC+BCH stays much more constant. When one goes up, the other drifts lower. Best to buy and hold BCH along with BTC for that reason alone.

[deepakg2m]

My gut feeling is that it would fall near about 15,000$.And if it goes below this or below 10,000$ then its a matter of tension for the investors.Though many would be able to buy BITCOIN because of the fall but some may panic also.

[Kakmakr]

I think the current drop in the price is due to market manipulation. We know some huge institutional capital have been flowing into Bitcoin lately <other people's money> and some of these Wall Street traders are getting bonuses now. Would it not make sense to manipulate the market, to drive down the price, before you buy some bitcoins of your own and then re-introduce <other people's money> to drive the price up and then sell at a much higher profit.  

It is the only thing that are making sense now, because we are not seeing any bad news and the price is still going down.

[barabut]

Voters $12,500-$12,000 (50%) and voters below $10,000 (50%) shows us that in general everybody expect unknown, everything might happen for the future prices of bitcoin.

[nightfury]

Bitcoin has come to a point where it slows down, stagnant, seems to lose its value a bit more or losing its dominance overall. Whatever the reason may be, all we can do is just speculate and hope for a better days to come for bitcoin to come back to its original form and rises once again.

[_noname_]

Voters $12,500-$12,000 (50%) and voters below $10,000 (50%) shows us that in general everybody expect unknown, everything might happen for the future prices of bitcoin.

Personally i don't agree with the idea of people that some one are voting for 12500$ and some are for other price. Because no one known about exactly price of BTC that what will happening in coming minutes. For me BTC price depend only on their demand and supply. As demand is increased then BTC price get rising graph while as demand is decreased BTC get falling graph. And we hope in future BTC will get more customers due to which demand will be more high and because of increasing demand price will also be more high.

[worldtraveller321]

just a healthy market correction, makes it better for new buyers.

[whirlcoin]

What will be the lowest value of bitcoin before it will start to rise again?
Right now it is going straight low.
Check the poll. (top)

Choices:
• $12,500-$12,000
• $11,999,-$11,500
• $11,499-$11,000
• $10,999-$10,000
• Below $10,000

Maybe it will reach 12k in my opinion,but soon bitcoin price will go up because already the ripple price is falling so people will convert their ripple into bitcoins ir other altcoins as well so the price will get steady for now and will start to rise soon.
Another problem already came to the cryotocurrency is South Korea ban but I don't know it is a 100% true news.If they ban cryptos the chance of price getting lower is more.

[Jombitt]

fake bitcoin investors are now getting out of the picture, those who only want to ride for getting a small profit. I believe it will go deep until 10k dollar per bitcoin then it will started to rise again. This thing is not new to bitcoin, i know there will be a bounce back happening soon.

[louie69]

just a healthy market correction, makes it better for new buyers.

Definitely, bitcoin may probably not go below 14K and hopefully this will rise up once again. Most likely this will be the right time to buy bitcoin and retain it until the right time comes when it's price will spike just like what happened in the past months.

[Sasha Lumerin]

I'm hoping before the LN get activated by Foundation bitcoin drops into 9 - 7 thousands of dollars, so new people can buy before it goes to 50 thousand usd

[Rajamuda]

About this I just thinking the price wouldn't be more down than $12k. Yeah it's just my knowledge only, from the facts indeed like it is.. it's proven at the times of declining so far the price is not going down till passed $12k.
Actually after I'm reviewing.. the price can't stay away from the price that was last reached, I think it will continuesly experiencing like that forever I guess, and it still high possibility it still tends lead to $20k journey, despite accompanied by some phases of declines at certain times.

[reck1ess]

I think this will go down as low as 5000$ that will clear out the taxi drivers and people who are purely "investors" after that we will se new highs being formed by the actual users of the bitcoins

On what basis your point is? I don't think the price would be low that much or near the 10K level. Right now bitcoin have crashed in the market because of the current event in south korea where big exchange companies were raided because of their irregularities.

South Korea are having issues with cryptocurrency and are planning to ban it. After it was being news, all of cryptocurrencies got lower about 5% of its current value. Although we still dont know yet the lowest value, but right now it is starting to go up a bit.