Bitcoin To Drop As Low As $1000 This Year

[jcarlo]

I think its hard for bitcoin drop to $1000. As far I know, $1000 is early 2017 price and highest price happen in 2017 which is $20k. I am more believe bitcoin price will recover again and reach above $10k and hopely happen before 2019

[sanasara]

I don't think so it will go to the 1000$ because there are so many fake news are running all the time I am expecting the 8000$ to 8500$ by end of the year 2018 and it will also good for traders and crypto market.

[moonblocks]

Whoever thought this was possible had very little faith in the market fundamentals regardless of how much speculation was fueling the price of Bitcoin

There's been far too many positive developments paving the way for an influx of much larger investment groups which has provided key support and stabilized the market

[skylar]

everything are possible in this volatiles & decentralized market. but when we look how strong 6k level support of bitcoin are right now and we are at the last quartal of this years $1000 price still look like imposible by this years. 

[ranggenga]

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 ?

What makes you said that, do you have any data that could support your saying.
Just giving those names isn't really support yours saying, Cause as we all know today, the price of Bitcoin still at around $6000+.

[sixexgames]

Well I guess this will be another incorrect prediction. BTC fell hard this year, but I guess it could have been way worse. There are still tons of people interested in crypto.

[FreeAirdrops]

Nope, I guess it won't be real. Price predictions are about as useful as predicting whay the weather will be in a year.

[audyearls]

indeed until now btc has experienced a very drastic decline in prices, but that does not mean that the btc price will reach $ 1000, and in fact until now btc has not experienced a decline in prices which has caused the price of btc to reach $ 1,000, but if in the future we don't know what that will happen because anything can happen especially in the crypto world.

[chipzeru]

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 ?

Your post about wall street cio prediction was made in january but so far, there's no sign of bitcoin to hit $3000. Your post is one of the examples for not fully believe in anyone's prediction. When i was new in crypto, i used to believe people's prediction. In early of 2018, they said that bitcoin would continue surging above $20000 even though i had a feeling that bitcoin's correction would be coming soon as the 20x fold seems too high.

[NewRanger]

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 ?

What makes you said that, do you have any data that could support your saying.
Just giving those names isn't really support yours saying, Cause as we all know today, the price of Bitcoin still at around $6000+.

i think he was trying to spread fud.impossible for bitcoin if its price drop below $1000.meanwhile when it hit $6000 much investor and trader put their big amount money into bitcoin.

[Pandarian]

It might drop the price by some hundred dollars or 1k dollars. But I don't think it will drop below $1000. At least in this year.

[maligu]

Only ignorant people think that Wall Street people are cancers in the capital world. They are all junk people, knowing that this is a naked lie. There is a conspiracy inside. Maybe it is talking. You need to think independently.

[Omela44]

Fortunately, this prediction did not happen and bitcoin did not fall to $1000 this year. Such a price might have ruined the crypto market and the price of bitcoin would have dropped even further. We should be grateful that it did not come to that.

[Ivanmikronov]

Of course not, we will never see such a bitcoin price. Even after such a strong fall, the market was able to withstand, and Bitcoin also gained more domination in the market. This suggests that people believe in Bitcoin.

[feelideb]

Bitcoin never dump to these predictions, and I will take prediction like this with a pinch of salt. Bitcoin turn out to be the most stable currency this year despite the bearish party!

[Vektrum]

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 ?

If we take into account that this forecast was made in January, when Bitcoin was still relatively high in price, then the prediction of a large drop in Bitcoin itself turned out to be true. However, it is good that below 6,000 dollars Bitcoin did not fall. Now it is already definitely falling, in any case, strongly, Bitcoin will not be. It will either remain relatively stable in its price for some time, or it will already rise and raise the entire cryptocurrency market.

[houjinglong]

This is a panic idea. If bitcoin actually reaches this price then the era of cryptocurrency ends. No one will buy it anymore, and all the coins will go to death.

[Shtamm_oval]

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 am surprised by those who believe in these forecasts, many want to see it or think, but they do not confirm the reasons why this will happen. In fact, there is support from investors, despite hamsters and trading bots, and bulls will only increase this influence.

[vigos]

I can't give this answer because I don't have the ability to predict the future. I believe that the Wall Street chief is not likely to give us a correct answer!

[Iykecollinz]

Had seen this prediction earlier too but doubted the possibility of dropping below $10,000 which it did, this crypto market is highly unpredictable, a lot of possibilities exist, however I really still doubt if it will ever drop that low as there has been a very strong support around the $6000 zone. A very huge buy order below this level may not allow it drop further except a huge fud occurs