Bitcoin To Drop As Low As $1000 This Year

[spongegar]

Woah, 1000 USD for just this year is quite a prediction. More but then again, take it with big ass grain of salt. It would definitely dip in the coming quarter but im definitely confident that it will gain momentum by the thirt to fourth quarter. Ever thought that maybe it's a scare so we will sell our share making the price drop so we can purchase it again to make it more expensive in the roll out. I still belive that if tou have major coinage in bitcoin then simply hold on to it

[Birdiebig]

I think bitcoin is having too many obstacles lately. Continuously facebook and google ban on bitcoin and crypto. because that will reduce the bitcoin popularity for the user base. In addition, mtGox has released a very large amount of bitcoin to the market. This obviously affects the bitcoin value. However, the bitcoin value will not decrease at $ 1000. It will put all on the moon if these things end.

[Stimah23]

Everyone get it's own prediction, but I find it hard to believe  your prediction, though anything is possible, but it's takes the coming of Jesus Christ for that to happened.... However, there's much dip nowadays but it's a matter of time that everything is going to back to the best.

[irenegaming]

You cant just predict such a price fall like that, yes we are in the red zone and cryptos have been hit real bad, but what are the basis of your claims, i dont think Bitcoin will sink that deep, the market is soon recovering and we will only be seeing an upward trend

[KuyaBreezy]

well. with the current dip, anything is possible, we don't want to imagine what will happen to Bitcoin prices if the downward trend continues, i however doubt it will reach that low, as the market is just about to recover

[carriebee]

well. with the current dip, anything is possible, we don't want to imagine what will happen to Bitcoin prices if the downward trend continues, i however doubt it will reach that low, as the market is just about to recover

We are in the red days again for this bitcoin price so the market is really surprising. Yes everything is possible but I am positive still. So many news to reach at current rate these days but for me a good to buy and good to hold for bitcoin.

[Hermes Mercury]

With a different analysis. At the moment current, this topic can become an alert, the graph is in a great downward trend and to confirm that the first 100 coins of the ranking is in the red, again we can be sure that the whole market depends on Bitcoin and for $ 1000 the others will accompany it in the same proportion.

[Mimac22]

We dont know what is going to be the price of bitcoin in the future. But i think more investors will invest so that the progression of bitcoin will continue and the price will get high.

[INNOVATIVE BIORESEARCH]

Bitcoin To Drop As Low As $1000 This Year, Wall Street CIO Predicts
"I wouldn't be surprised if over the next year it's down to $1,000 to $3,000,"

Is this going to be real or not ?

I think that's unlikely. When it reached the 20k mark I thought it was going to drop for sure, but I don't think it will go that much low.

[Kolokoy]

Bitcoin To Drop As Low As $1000 This Year, Wall Street CIO Predicts
"I wouldn't be surprised if over the next year it's down to $1,000 to $3,000,"
Is this going to be real or not ?

The Bitcoin correction price would take a long way and starting this year Bitcoin's price value was dropped abruptly but investors and holders aren't losing hope because we are all expecting that it will soon rise like skyrocket in next ew months if not today.
There's possibility that Bitcoin will drop up to $1,000 before it will skyrocket the peak of $100,000 before 2020.

[RockBar0]

I think the BTC will be a bubble and they will break up later this year. BTC price is affected by the market too much, any move of the major countries made the price of BTC sharply reduced. I think BTC is not sustainable. So, I decided to invest in BTC in a short time to benefit from the price difference.

[Kolokoy]

Bitcoin To Drop As Low As $1000 This Year, Wall Street CIO Predicts
"I wouldn't be surprised if over the next year it's down to $1,000 to $3,000,"

Is this going to be real or not ?

I think that's unlikely. When it reached the 20k mark I thought it was going to drop for sure, but I don't think it will go that much low.

Bitcoin and Crypto Market is highly volatile so Bitcoin before skyrocketing into back to the moon it would probably hit as low as $5,000 so I do believe Bitcoin will pump back to it's highest peak of almost $20,000 last December 16th 2017.
I will not be surprised if Bitcoin will dive down more but still I do believe that Bitcoin would pump back up to it's highest peak of price value like last year.

[pro2017]

I think it's very difficult to fall to those figures, but again 6-7K dollars will fall to levels because there are too many negative news

[hynext]

Well, anything could happen in this bitcoin because of volatility even become $10 but I hope $5,000 are good digits. Realistic we aren't know the capability of bitcoin if going up or falling down.

[goodrus69]

I highly doubt this will happen. It's going to be a disaster for bitcoin holders and especially those people which bought it at the high price.

[krayzie32]

of course no! that can not happen because the technical analys has pointed out that $5900 is the bottom of BTC and i believe that.

[fenican]

Bitcoin is volatile. Sure it could fall to $1000 but it could also rise, by my calculations, as high as $1000000. That end point depends on how successful it is as an alternative store of value to the dollar and the timing of it depends on how quickly BTC is adopted as 'mainstream'. So far the process has been lightning fast, which is why we're near $10k, but regulators are trying to slow it down. I don't think they can stop it so I'm a bigger proponent of the $1M/BTC theory just don't expect it to happen this year or the next. When it does happen, it will likely be too sudden for most traders to react. That's why the way to get wealthy in crypto is not to trade but to hodl.

[publicjud]

News which say that bitcoin will go to 100k dollars appeared every day during the rapid growth of bitcoin. Why? Whales need to sell their BTC at the highest price. Now the price is falling and there are news that bitcoin goes to hell. Why? Whales want to buy cheap coins. That's all.

[goribert]

I think this speculation does not make sense. Of course there is nothing obvious in the cryptocurrency world, but I think that, although bitcoin's price reached really bad prices, it has still a really good popularity and market value to reach incredible prices in the future.

Undoubtedly, I am convinced that although the price of bitcoin would fall to levels as low as $1,000 or even less throughout this year, that would not detract from its usefulness as an excellent alternative to the current obsolete payment methods based on the decadent financial system that currently prevails.

However, the conditions do not seem given to see a fall of such magnitude, so it is likely that throughout the year we will see a gradual recovery of the bitcoin price, although not as strongly as in 2017.

[roshanfious]

I really doubt about this point for sure because even it's quite low at this moment (8k5$) but come back to the 1k$ target is such an impossible thing that could happen when the supply of BTC are less and less by days when the people who want to own a BTC is increasing.