Bitcoin To Drop As Low As $1000 This Year

[tanveer01]

I don't think so, Bitcoin will drop as $1000 in any year. This year Bitcoin is constantly on $6k-$7k and sometimes it touch $8k. I know this is not Bitcoin actual price, bitcoin should be at $13k + but this year ICO market did not do well and whole market goes down. In 2019, there is a news that Bitcoin will surely touch $30k and breaks the record of all market.

[dankboner83]

That is not going to be possible. Right now at the price 6000, people will buy in like crazily already.
I dont think 4000 will even be possible. Dont even think about 1000.

[Alex09012004]

In my opinion Bitcoin has better chances to achieve 15-20k again. I guess 1k is a very pesimistic prediction and i don't think it will happen.

[Camster]

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 lowest projection I have seen is $3500 which I do not believe we will get to.  $1000 seems preposterous.  I feel as though a solid floor is being put in here in the 6300 range.  Bitcoin does not seem to want to go down anymore than that. 

[dobidobi88]

In my opinion Bitcoin has better chances to achieve 15-20k again. I guess 1k is a very pesimistic prediction and i don't think it will happen.

Bitcoin opportunities to achieve the price you mentioned are very open, especially the level of bitcoin users is increasingly increasing. This of course proves that public trust in bitcoin is getting higher.

[qiaozhuang4354120]

No, I don't believe it, I don't think the price of Bitcoin will fall to $1,000. I believe Bitcoin's price will soon recover.

[Godparticles]

No, I don't think so. Although the price of Bitcoin has fallen very sharply in this year's market, I think the price of Bitcoin will no longer fall. I think the encryption market will soon recover, and we should wait patiently for the market to pick up.

[nydiacaskey01]

What is the basis of the speculation that Bitcoin will drop to as low as $1,000 USD? Just look at the result of the SEC decision for the ETF, we thought there will be a significant change oncw decision is out but it turned out not much effect in BTC price. If theres a huge exchange site that got hacked and a Country thar has great influence over other Countries declaring ban on Crypto trading, most likely there will be a significant change in the price of BTC.

[ubay]

Don't believe what other people say, believe in yourself, those who want bitcoin are destroyed are those who can't buy it. And they really don't believe in a better future.

[mornabo]

Why do they make such a judgment, I think 1000 dollars, it is unlikely. There are a lot of people who know BTC now. The number of people who believe in it has also increased a lot. Waiting for $1,000, I think there will be many people who have bottomed out.

You know that with the total number of bitcoin users reaching tens of millions of users, the price of $1000/btc will not be suitable for bitcoin, the user is already very large and the marketcap or demand is not comparable to that price? we will never go down to that price again, believe me

[Olalomi]

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 ?

Bitcoin dropping to as low as $1000 as predicted by wall street can never be realistic considering the volume traded daily and market Cap and many investors are pumping and investing their money into bitcoin, many organizations, corporations and companies had started adopting bitcoin as a means of payment thus the demand for btc is soaring daily.

[artemdubina88]

I think that this is possible since bitcoin began to grow from $ 1000 but I also think that this will not happen because people are not so stupid to sell their bitcoins at such a low price !

[yayat]

and it turns out that now Bitcoin has dropped by more than $ 1,000, if the all time high is around $ 19,800 - $ 6,500 = - $ 13,300.

it is very painful because it decreases even more. I hope this year Bitcoin will return to the price of $ 19,800.

[mapanlah]

I think more than 1k $ and bitcoin last year reached $ 15K but currently only 6K $ so I think bitcoin is down around $ 9k. but in some time I will be sure everything will rise again.

[mybitcoin]

I am sure that the drop in the cost of bitcoin will certainly continue. But we must understand that there is a bitcoin price in which the miners will not benefit from working because the energy costs will not be paid off by the profit from the mining. Therefore, I think that the price will not fall below 4 thousand dollars.

[iram1011]

This is unlikely to be a case.

Reason being, the people who manipulate Bitcoin are holding BTC in bulk. They play with the market to extract maximum profit out of their holdings. But if they let Bitcoin fall to $1k, there will be a panic situation in the market and the market will lose many investors in that case which is exactly what they won't want. So they will not let the market tumble to such depth.

Moreover, BTC has a strong bottom support at $5800. BTC has tries to break it a many times but never was successful. It is the strongest support it got which can't be broken easily.

[blingow]

Nah, I do not see this happening at all. If this does happen, which \i doubt it would, So many people are going to lose faith in the industry and I don't think that is one thing that we want to happen. Bitcoin might fall further that it has already, but I really do not think that it would go as low as $1000. That's like the lowest of lows, and it is never happening.

[blockchain-man]

Nah, I do not see this happening at all. If this does happen, which \i doubt it would, So many people are going to lose faith in the industry and I don't think that is one thing that we want to happen. Bitcoin might fall further that it has already, but I really do not think that it would go as low as $1000. That's like the lowest of lows, and it is never happening.

I agree! BTC is the king of the electronics market. The price of the BTC determines the price of the electronic money market. BTC is a measure of community trust in electronic money. The cryptographic market will be the future of financial markets. Therefore, BTC will not fall below $ 1,000 this year. And I see the green market signal has begun to appear.

[Potatohead]

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 ?

Which really happened and is happening until now. We can't get rid of such price or value since cryptocurrency is really volatile and we can't change that no matter what we do. What we must do is just to cope up with the changes and learn how to deal with it.

[ub27]

Nah, I do not see this happening at all. If this does happen, which \i doubt it would, So many people are going to lose faith in the industry and I don't think that is one thing that we want to happen. Bitcoin might fall further that it has already, but I really do not think that it would go as low as $1000. That's like the lowest of lows, and it is never happening.

I agree! BTC is the king of the electronics market. The price of the BTC determines the price of the electronic money market. BTC is a measure of community trust in electronic money. The cryptographic market will be the future of financial markets. Therefore, BTC will not fall below $ 1,000 this year. And I see the green market signal has begun to appear.

Of course that will not happen with bitcoin. We can see the lowest bitcoin price in 2018 is 5800$ and I also think it is the last time we see bitcoin at that price. Now the market is moving up again and bitcoin is trading at 7100$. Soon we will see the BTC at 10,000$ in September or October