How low will this bear trend go?

[lopez cryptomania]

At what price do yal think will be bottom before we turn back up? I'm thinking $4,900 not to spread any FUD, however, they say when it rains it poors, and we have still yet seen people's response to this upcoming Tuesday on the 6th when all American policymakers meet, SEC and everyone else and we see what kind of regulation is made. The price will go down until the millionaires and wall street tycoons are happy to buy what they're going to buy and then we'll see it soar up to $13-$20k post regulations.

[eminemcookie]

At what price do yal think will be bottom before we turn back up? I'm thinking $4,900 not to spread any FUD, however, they say when it rains it poors, and we have still yet seen people's response to this upcoming Tuesday on the 6th when all American policymakers meet, SEC and everyone else and we see what kind of regulation is made. The price will go down until the millionaires and wall street tycoons are happy to buy what they're going to buy and then we'll see it soar up to $13-$20k post regulations.

I think around the level we already reached, but it is again all dependent on new regulation, we keep reaching resistance but then we are hit by another negative news story and all of the FUD around that. If 7.5k or so falls then it will be somewhere around 5-5.5k.

[malikusama]

Not sure due to high uncertainty but Bitcoin will clearly lose dominance in the market if it will drop below $4000 now.
Bitcoin market is highly manipulated, eagle eye of big investors will not going to miss the opportunity to buy at lowest, and by observing the current market after around 55-60% price drop from $20k to $8.5k, i think this is the point whales were looking for.

[tanoe]

if the result of the meeting gives unfavorable results for bitcoin, it will certainly make the market sluggish and fall to the price of $ 4k or less, but let's wait what will happen next.
Currently at CMC, prices are showing up.

[darkangel11]

Not sure due to high uncertainty but Bitcoin will clearly lose dominance in the market if it will drop below $4000 now.
Bitcoin market is highly manipulated, eagle eye of big investors will not going to miss the opportunity to buy at lowest, and by observing the current market after around 55-60% price drop from $20k to $8.5k, i think this is the point whales were looking for.

A drop below $4000 would be read as a total crash since we've started the boom in November from around $5000. If it crossed $5000 it would have to be caused by huge negative pressure, one we have no grounds for,  and it would trigger a total crash that might end at $900. To cause that there would simply have to be a complete rejection of BTC around the world since we were at those levels before Japan and Korea embraced it and they are not planning to get rid of it, so the $5000+ prices are here to stay.
Will we retest the bottom? Possibly.
Will we drop below it? Unlikely.

IMO we'll end up above $13k in a couple months.

[millgates]

At what price do yal think will be bottom before we turn back up? I'm thinking $4,900 not to spread any FUD, however, they say when it rains it poors, and we have still yet seen people's response to this upcoming Tuesday on the 6th when all American policymakers meet, SEC and everyone else and we see what kind of regulation is made. The price will go down until the millionaires and wall street tycoons are happy to buy what they're going to buy and then we'll see it soar up to $13-$20k post regulations.

I am still believe that bitcoin will be used by atleast 30% of people in this world so I don't worry about the price. Bitcoin was take an attention of wall street investors, but unlucky, bitcoin liquidity is relatively low, when billionaires play in bitcoin then they can greatly influence bitcoin price. Media also has important role, I hope media stop spread negative news about bitcoin.

[mostkey]

At what price do yal think will be bottom before we turn back up? I'm thinking $4,900 not to spread any FUD, however, they say when it rains it poors, and we have still yet seen people's response to this upcoming Tuesday on the 6th when all American policymakers meet, SEC and everyone else and we see what kind of regulation is made. The price will go down until the millionaires and wall street tycoons are happy to buy what they're going to buy and then we'll see it soar up to $13-$20k post regulations.

I think around the level we already reached, but it is again all dependent on new regulation, we keep reaching resistance but then we are hit by another negative news story and all of the FUD around that. If 7.5k or so falls then it will be somewhere around 5-5.5k.

currently maybe all investors who have not entered their funds in bitcoin expect the price will reach the lowest point in the range of 7-5k and may be very profitable if we enter in the price range. and at a time of doubling in price, this will give birth to many new millionaires and billionaires in the bitcoin trading universe

[crypto90]

I think it might be over. Most of the coins are good now since yesterday.

[Nhebu]

Not sure due to high uncertainty but Bitcoin will clearly lose dominance in the market if it will drop below $4000 now.
Bitcoin market is highly manipulated, eagle eye of big investors will not going to miss the opportunity to buy at lowest, and by observing the current market after around 55-60% price drop from $20k to $8.5k, i think this is the point whales were looking for.

I believe in you. I think the reason behind its downturn are the whales wherein they can manipulate its price. They know how to control the market, the ups and downs of bitcoin is due to the conspiracy of the whales which is the small investors are highly affected. Most of them are newbies in trading, who are having a panic selling.

[jmlona]

Not sure due to high uncertainty but Bitcoin will clearly lose dominance in the market if it will drop below $4000 now.
Bitcoin market is highly manipulated, eagle eye of big investors will not going to miss the opportunity to buy at lowest, and by observing the current market after around 55-60% price drop from $20k to $8.5k, i think this is the point whales were looking for.

I believe in you. I think the reason behind its downturn are the whales wherein they can manipulate its price. They know how to control the market, the ups and downs of bitcoin is due to the conspiracy of the whales which is the small investors are highly affected. Most of them are newbies in trading, who are having a panic selling.

It's evident that there's definitely a huge level of price manipulation, it's always the small guys who lose out in these circumstances, even the sensible investors will all have a stoploss at some point, especially those who invested at a price higher than the current 8.5k price. This crash will last for as long as it can be pushed, if the powers that be decide they can push it down to 5k or lower then they'll keep going. The only thing is, there should come a point at which the whales realise they're doing more harm than good. It's only an effective strategy if they can push the price back up in the future.

[swissgang]

With upcoming bad news, it is very clear that we are going to see lower prices than $8000, it is not bottom for sure. I think the bottom is around $6000

[palle11]

With upcoming bad news, it is very clear that we are going to see lower prices than $8000, it is not bottom for sure. I think the bottom is around $6000

The price of bitcoin has always been speculative , nobody can say prices where price could head to. Really, negative news are suppose to drag bitcoin down but we also have to remember that last year after the ban news of icos , bitcoin went to the top. So, is all speculative.

[weav]

it is gonna depend on the news that is coming and the reaction to that from the market , New investors are panicking right now because they haven't seen anytihng like it. Everybody who bought in late december lost between 30 and 50% of their portfolio presumably . But i am pretty sure it will go up , so buy some more if you want to and just wait it out.

[CHENIEN]

Nobody can answer the exact point about bitcoin price, except the bitcoin management or the founder. People who accessed and used bitcoin are only speculated on what price happen in the future, they are not surely if price will rise again or continue going down to the bottom. But as what have been happening last year from 2,000 dollar price of bitcoin, they climbed up to 20,000 dollar price, and hoping it will happen again.

[Joriecoinbit]

it is gonna depend on the news that is coming and the reaction to that from the market , New investors are panicking right now because they haven't seen anytihng like it. Everybody who bought in late december lost between 30 and 50% of their portfolio presumably . But i am pretty sure it will go up , so buy some more if you want to and just wait it out.

Bitcoin's value depends on its supply and demand.  It also affects bitcoin price with the news about it wether it is good news or bad news. Why it will affect its price?  It's only because of the people on how they react on the news.  If they dump their coin,  obviously bitcoin price will drastically drops.

Now,  to answers OP's question,  no one actually know how long will this end.  If people will keep on dumping their coin,  then this will continue until it reaches to $4,000. Anyway,  just my opinion.

[Beerwizzard]

At that moment I see only 2 "milestones" that can clerify the situation about the further Bitcoin price. First is when CFTC  will decide to make its own audit on Tether as they have not provided their private one. Then after if will be proved that a big part of 2 bln usdt is not backed only god know what can happen. And the second is that devs will finaly  make an announcement regarding Lightning Network and give us at least approximate date of its launch. Unfortunately the first point is more likely to happen in the near future.

[SamsungBitcoin]

No one can tell until when this dump stops in bitcoin value, Much better to do is to invest in bitcoin and buy some altcoin which is on the deepest value that is why if you buy that coins you can able to get income while dumps happen. I recommend to buy multiple coins and deposit huge amount of capital to get more profit in long term.

[gabbie2010]

At what price do yal think will be bottom before we turn back up? I'm thinking $4,900 not to spread any FUD, however, they say when it rains it poors, and we have still yet seen people's response to this upcoming Tuesday on the 6th when all American policymakers meet, SEC and everyone else and we see what kind of regulation is made. The price will go down until the millionaires and wall street tycoons are happy to buy what they're going to buy and then we'll see it soar up to $13-$20k post regulations.

I hope this is not  another  negative FUDs  coming up against bitcoin as it is now the FUDs from the Asian countries had really  caused massive dumps invariably causing more fears to the hodlers

[richardsNY]

I hope this is not  another  negative FUDs  coming up against bitcoin as it is now the FUDs from the Asian countries had really  caused massive dumps invariably causing more fears to the hodlers

Asian fud has already been debunked, and all other fud is being repacked to make it look like it's something new, while in reality it's the old stuff people are already aware of, but still panic over. Main point of importance is that a large correction was due anyway, and that in combination with well timed fud spreading makes sure the market does what it was about to do anyway, but then in a quicker fashion. It's however not all that bad if we look at the positive side of we being offered a great opportunity to enter the market at lower prices. Instead of complaining like a lot people here do, I went ahead and bought myself some coins back that I sold last year. 

[Ranly123]

At what price do yal think will be bottom before we turn back up? I'm thinking $4,900 not to spread any FUD, however, they say when it rains it poors, and we have still yet seen people's response to this upcoming Tuesday on the 6th when all American policymakers meet, SEC and everyone else and we see what kind of regulation is made. The price will go down until the millionaires and wall street tycoons are happy to buy what they're going to buy and then we'll see it soar up to $13-$20k post regulations.

At this point there is no answer where this dip would stop and when it would rise back up. But hopefully, after the meeting on the american policy makers is done bitcoin price will rise back.