Bitcoin To Drop As Low As $1000 This Year

[lantan81383628]

I don't think that's possible, and the market's back-to-back declines haven't kept bitcoin below $6,000.

Unless the United States, China and Russia boycott bitcoin, it might cause its price to fall sharply, but it would never have been possible.

[RomertL]

I do not believe in this information. I think that someone just trying to slow down the price. And then buy more bitcoin for himself.

[daenarys_stormborn]

I don't think there will be such a thing, because after all bitcoin is already used in the real world, it's impossible for bitcoin to be abandoned, after all the market is now rising after the disaster that hit Crypto a few weeks ago

[itsik78]

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 do not think that the price will be below $ 5000. Bitcoin is unlikely to lose all its value, and some fluctuations are temporary. For all time of existence, Bitcoin many times sharply decreased, but almost always restored the cost

[AUruHM]

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 do not think that the price will be below $ 5000. Bitcoin is unlikely to lose all its value, and some fluctuations are temporary. For all time of existence, Bitcoin many times sharply decreased, but almost always restored the cost

As for technical analyze a good support level near $5700-5800 and less than such price it has very few chances to drop. And I see many orders when the price dropped to $6k. It can't give a possibility to go down such low. That's why I think these articles for the manipulations only. Somebody want to buy more

[Wyndesam]

This year it will definitely not fall below 5800, but next year it may fall to 4800 this is the bottom that bitcoin can have

[PetrVas7789]

I do not believe that the bitcoin will fall so low. It is favorable to anybody to roll the price to $1000 then nobody to put in it and will not trust. I think below 6k we will not fall.

[gravitik]

I think that this forecast is unreal because the market has been falling for almost a year. and I believe that soon it will start to grow

[Koobtcgal]

1000USD is a dream price and for this price everyone will go all in. So probably this will not happen. Keep dreaming.

That's is true. Those you see talking about the downfall of bitcoin are those waiting to buy bitcoin in bulk. But I must be honest that the expected price predicted by those guys will never be possible so they are dreaming as you said. If bitcoin price drops below 3000$, people will buy BTC a lot but it'll never happen. If you do not have some BTC already, they it's time to buy.

[patispace]

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 have repeatedly heard that warning, but to be honest I do not understand the emphasis that has been given to it in various media. It is just an opinion of someone who is not even recognized by his experience in fields related to cryptocurrencies, and this is only one of dozens of totally opposite forecasts that I have read over the last few weeks. This shows that it is only a new and failed attempt to generate FUD among the growing community of investors in this vigorous market.

[killat]

I don't think Bitcoin will drop that much this year. However, everything is possible in cryto. But no matter what, Bitcoin will continue to exist, contrarily to many people seeing Btc as a scam, which is bit true.

Any company your are not a team member and you are not in control of things directly means you can't predict them. Saying BTC is a scam, ponzy scheme makes no sense since BTC value is controlled by real influential men. We are just here...what we see is what we have.
Writing about BTC will not make it rise/fall tomorrow. Even the so called BTC price prediction sites fails a thousand times.

[BlockchainGod]

I don't think it's real. Too many people depend on the price of bitcoin and whales will not allow such a big drop. IMHO

[Kazkar]

I don't think it's real. Too many people depend on the price of bitcoin and whales will not allow such a big drop. IMHO

There are many options for developments in bitcoin. Not everyone is like the truth. But they have the right to exist. It makes us think globally.

[Zero1One0]

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 ?

They are trying to sow FUD to the crypto market so they can buy more, then once the price goes up due to their buying, dump it again to retail investors.
Then the cycle repeats again.  

[andrej.safronov.1990]

Great folly to think so, bitcoin will not fall to such a low price, below $ 5000 never the price will not fall. This is all the opponents of cryptocurrencies trying to stop its growth.

[Marcsymon]

I don't think so that bitcoin will drop as low as $1000 this year, because it was experienced from last year that bullish market will hits when yuletide season approaching. That's why this coming December will be expectedly to have a bullish market trend to come to all cryptocurrency that are truely developing ICO's and those with having good quality products.

[Isay_Gonzales]

I think this is simply impossible. Because bitcoin can't fall so low. Since the crypto market is cyclical, there should be growth, not fall, just after the recovery.

[zcashplan]

I don't agree with Wall Street's view of cryptocurrencies, they are misleading investors. I think that the cryptocurrency will take off again in 2019 next year.

[winstonchurchillwar]

This is what a lot of people want to re-buy but I think that the growth will be starting from $ 5,000 and will increase at least 10 times in 2019 !

[thinkright]

As we all know everything is possible under the sun. However, personaly speaking I don't think bitcoin will drop to that extent by the end of this year and even in few years to come. It current market performance is even a good sign to hit higher.