Bitcoin now below $10,000

[LuvCyanide]

If only we knew that Bitcoin would drop to $ 3500 by the end of the year...Everyone believed in the growth and even the world experts predicted an increase of up to 50 000 dollars. What were they based on?

[1715032162]

1715032162

[Question123]

Now price of the bitcoin is 3500 dollars and it ia not good to see again if we continue decreasing the value. Because from 20k dollars from this price right now. But I still believe and have hope that it will up again the value of bitcoin to that price again or more.

[jonaire99]

Bitcoin is now down more to $3360 and based on some technical analysis, it may go down further this remaining month of the year instead of a bullrun that's been predicted by many experts. Next year the situation might still be the same but there is a hope that this downtrend will be reverse by some positive developments coming in the second of next year.

[Helpme_please]

Bitcoin is now down more to $3360 and based on some technical analysis, it may go down further this remaining month of the year instead of a bullrun that's been predicted by many experts. Next year the situation might still be the same but there is a hope that this downtrend will be reverse by some positive developments coming in the second of next year.

BAKKT trading launched on january and etf approval on february maybe could be the trigger for this downside movement.this year reall feel hard for investor and holder since price down alot.

[Maslate]

Bitcoin is now down more to $3360 and based on some technical analysis, it may go down further this remaining month of the year instead of a bullrun that's been predicted by many experts. Next year the situation might still be the same but there is a hope that this downtrend will be reverse by some positive developments coming in the second of next year.

BAKKT trading launched on january and etf approval on february maybe could be the trigger for this downside movement.this year reall feel hard for investor and holder since price down alot.

If these 2 will be both positive, we can witness a good run.
It's just a matter of time, for now, we should acknowledge this kind of situation and just don't go against it as you will only lose more money.

[logitechwow]

Positive. Any cryptocurrency sooner or later loses its price, and then increases. This is a normal phenomenon, nothing stable in this life does not exist

[rocketbits]

For some couple of days now, the price of bitcoin has been between 10k - 11k (which i actually thought would take a support at the said range).
Knowing now that it has gone below, what is your take on the current situation.

I already have enough Bitcoin bought at a bit cheaper rate and I don’t think buying more would be a good idea, and by the way the price has been dropping since then without going up. ETF hasn’t been approved yet, might be approved in 2019, next year, so that might be the reason why the price has been dropping. Don’t know if there’s still hope the market will recover this year, maybe that would be next year.

[gorodi]

Bitcoin is now down more to $3360 and based on some technical analysis, it may go down further this remaining month of the year instead of a bullrun that's been predicted by many experts. Next year the situation might still be the same but there is a hope that this downtrend will be reverse by some positive developments coming in the second of next year.

I believe that 2019 will change everything. To our luck, Bitcoin will rise again and its price will reach 10 thousand or even more. I understand that the scenario can be different, but I stay an optimist.

[Roukawa]

For some couple of days now, the price of bitcoin has been between 10k - 11k (which i actually thought would take a support at the said range).
Knowing now that it has gone below, what is your take on the current situation.

No! Bitcoin is now below 4000 usd. The market is experiencing red days and there is no room for the rally. We need to wait in a long term period so that bitcoin and other cryptocurrency will recover. They said that 2019 is the estimated time of bull run and continue till 2022. However, many speculation says it could be a 3 to 5 years before btc gain its price back.

[emberbekas]

Bitcoin is now down more to $3360 and based on some technical analysis, it may go down further this remaining month of the year instead of a bullrun that's been predicted by many experts. Next year the situation might still be the same but there is a hope that this downtrend will be reverse by some positive developments coming in the second of next year.

I believe that 2019 will change everything. To our luck, Bitcoin will rise again and its price will reach 10 thousand or even more. I understand that the scenario can be different, but I stay an optimist.

We hope that by 2019 everything will be fine and passion in the cypto sphere will come back again. The current conditions put a lot of pressure on most crypto holders but hopefully it will be changed as soon as possible. I myself still believe that the cryptos will get its heyday again someday.

[sgenuine]

Positive. Any cryptocurrency sooner or later loses its price, and then increases. This is a normal phenomenon, nothing stable in this life does not exist

I could be called normal if it lasted not long than 4-6 months. When the market is down for almost a year, the situation becomes worse and worse as people lose their belief in the crypto.

[newdevices]

Positive. Any cryptocurrency sooner or later loses its price, and then increases. This is a normal phenomenon, nothing stable in this life does not exist

I could be called normal if it lasted not long than 4-6 months. When the market is down for almost a year, the situation becomes worse and worse as people lose their belief in the crypto.

various factors were the cause of speculative movements about the price of bitcoin in 2018 and especially the most related to the attitude of the SEC, and hardfork from bch last month. The current price decline is still possible to rise, because only need to wait for momentum from speculators who are already very hot with unconvincing conditions, but they still have large capital for this momentum.

[DainnyRobin]

now it price is $3500 and i think it will down to $3000

[EddieCristain]

ohh you right. but the price now below $4000 

[DarkIT]

Positive. Any cryptocurrency sooner or later loses its price, and then increases. This is a normal phenomenon, nothing stable in this life does not exist

I could be called normal if it lasted not long than 4-6 months. When the market is down for almost a year, the situation becomes worse and worse as people lose their belief in the crypto.

well, this is caused because there are many scam projects. even though, in 2017, ICO was seen as a pretty good investment, even I also invested. however, recently ICO has only been used as a tool to collect money for irresponsible people. this makes people disappointed and starts selling their assets, resulting in a dump.

[mornabo]

Now price of the bitcoin is 3500 dollars and it ia not good to see again if we continue decreasing the value. Because from 20k dollars from this price right now. But I still believe and have hope that it will up again the value of bitcoin to that price again or more.

if there is a return of a wave of panic selling, the price may fall again if the bitcoin market is not strong. the current price is really beyond the expectations of many people, so I hope you have to be careful with the current price changes, very unpredictable and can move anywhere

[Sanitough]

Now price of the bitcoin is 3500 dollars and it ia not good to see again if we continue decreasing the value. Because from 20k dollars from this price right now. But I still believe and have hope that it will up again the value of bitcoin to that price again or more.

if there is a return of a wave of panic selling, the price may fall again if the bitcoin market is not strong. the current price is really beyond the expectations of many people, so I hope you have to be careful with the current price changes, very unpredictable and can move anywhere

That's the nature of crypto, it's very unpredictable that is many people has loss their money because of wrong decision making.
Being to aggressive without thinking of the risk, that would through us to the big regret.
I am not expecting it will rise more now and I am ready for a possible opposite movement, but still holding, regardless.

[steampunkz]

For now, BTC's price is still high and good for me, Remeber BTC came from nothing And most of the holders in the past didn't expect that BTC will grow and will become the most popular currency in the world.

[wayancrypto]

Currently price of Bitcoin $3600, and according price history in 2014-2015 this level price now become support area, so actually its now best times to accumulate Bitcoin and hold it for 1 to 2 years. It is possible to make 20 to 30 times profit in 2 years if we buy it now.

[deppil]

For now, BTC's price is still high and good for me, Remeber BTC came from nothing And most of the holders in the past didn't expect that BTC will grow and will become the most popular currency in the world.

Lol, if seen from the beginning, of course all commodities come from zero. but the instrument to buy is not seen from that, at the moment the price of bitcoin is far below $10k, and even difficult to go up to $4k, if you say the price of bitcoin is expensive now, then many people will be reluctant to buy? because people will buy bitcoin at a cheap price, I hope prices will rise soon