How low will BTC reach?

[BitBite5]

No one can't know that for sure.
This looks bad at the moment and seems that bitcoin is reacting heavily on happenings in China and elsewhere. Although it looks that is falling very fast now don't forget how fast was rising not so long time ago. Everything is possible.

[gusnips]

No one can't know that for sure.
This looks bad at the moment and seems that bitcoin is reacting heavily on happenings in China and elsewhere. Although it looks that is falling very fast now don't forget how fast was rising not so long time ago. Everything is possible.

we can speculate tho  as we all know BTC price is all about speculation

[fulmetal08larz]

Probably, it will go down at a price level before bitcoin cash was born. $4k - $5k is the bottom price that I'm seeing right now, which I think is a good entry point and so that we can buy more BTC for the future. This high volatility that we're experiencing proves that investment in BTC is not gonna make you rich overnight.

[icoworld]

A difficult question, very few people will be able to predict such a confluence of circumstances but my opinion is up to 5k

[gusnips]

A difficult question, very few people will be able to predict such a confluence of circumstances but my opinion is up to 5k

from what I see from this post a lot of buy triggers will trigger when it reachs 5k

[maarx]

A news from contelegraph says that the reason behind the crypto currencies dip now is, investors started buying crypto currencies with Tether instead of US dollars. This made the price of all bitcoins fall from $9K to $7K.  This can still go down to $3K probably. This moments should stop and resume back to norma position to gain more values. The price should reach back to minium $10 to $11K by end of this month.

[peter0425]

How low will BTC price reach?
Just to know what you guys think

6.500 USD will be the lowest value of bitcoin in the market this month. And will reach more than double before the month of February ends. after that, we can see bitcoin to be back on track and be reaching the highest value before until March of this year. And this coin will have the milestone of 40.000 USD before the year ends.

This is also my call, $6500 will the lowest till we see some semblance of a rally and start to witness the graph going up. I think the dumping will slow down once we reach $6500 and those weak hands who have been holding till yesterday has given up and decided to push the sell button. I don't think it can go any further than that.

everything below 5k would suprise me a lot. It is definitely not going under the price of 1k, so I think the worst case is somewhere between 5k-1k.. Everything below 5k is a good entry in my opinion.

I will be surprise as well. $5K for me is not realistic bottom but I might be wrong. At around $6500 it will be really a perfect time to buy specially for those who have been waiting for a long time to enter the picture. No need to wait for further dip as it might not go below $6K.

[gusnips]

Well, 4k would be my buy trigger if I had one

[JCLee]

I think 6k is the lowest price that Bitcoin can be dumped to. Few hours ago, Bicoin price was under 7k$ but for now it's increasing back to over 7k$ already. Maybe Bitcoin dump to prepare for a big dump in the near future ). Maybe Bitcoin price will rise to 20k$ in the near future so it need to dump a little bit to prepare for it

[gusnips]

I think 6k is the lowest price that Bitcoin can be dumped to. Few hours ago, Bicoin price was under 7k$ but for now it's increasing back to over 7k$ already. Maybe Bitcoin dump to prepare for a big dump in the near future ). Maybe Bitcoin price will rise to 20k$ in the near future so it need to dump a little bit to prepare for it

Even tho I bet it will go down again below 7k

[marzyyy]

My cut loss actually is at 6000-8000 range. But still i'm going til the 6000 mark. I'm not saying btc will not recover though we can't predict it will reach ATH again.

[babygun]

It looks like the 7000$ mark is finding support at this moment. It will depend what will happen tomorrow, if we go below this mark and it doesn't bounce back, than we are in for a new drop.

[jaysabi]

The current situation of the bitcoin market in the China and around the globe has changed speculation very dramatically. I believe that bitcoin will reach to prices of 5-6k and will play around it for long time. The lowered prices is actually opportunity for many investors so it might happen that they will put big money at this low and thus will keep the balance of in flow of money into it. The net result would be little stability for sometime as almost more than half of crypto investors will be investing money and slowly people who are selling the BTC will drop in number. So we might just expect it to drop by 2 k more but it won't go below that point for sure.

People have been calling every $1000 drop an "opportunity" but the only opportunity it's proved to be so far is an opportunity for those selling to get out at a better price. Bitcoin's price was always pure speculation. There's no reason to believe that Bitcoin will see the highs it did last year because the price was a bubble and dumb money was chasing a get rich quick fantasy. There will be far too many competitors in the crypto space for one crypto to have all the value in a future where fiat is replaced, and it remains highly improbable fiat will be replaced anyway, so everyone buying because someday this is going to be worth millions of dollars because it will be so limited was a stupid and unreal likelihood. Now that the shine is wearing off, perhaps reality will be allowed back into this space.

[Feuerbach]

How low will BTC price reach?
Just to know what you guys think

I think it's quite possible to drop to 5k. Or will be beat off from 7k and go up. But with 100% probability not predict

[hudas10]

bitcoin price is still not predicted no one decide the value of bitcoin and I know bitcoin will fall this year but bitcoin will be comeback the price or more than price like in the pass year

[fredo123]

Its unpredictable, it could reach the sky above and sink in the bottom est sea floor, It is like a bubble pops on the air in an instant, The value always fluctuating:)

[Clement Kaliyar]

I really hope that there is a major support level at $5k as i really do not want to see the price of bitcoin going down below that support level as we could see a massive sell off if that happens,it is really impossible to predict the exact nature of this situation as with every news the market is going down ,which is scary.I would like to see the price moving within a range bound rather than going down all the time.

[gusnips]

How low will BTC price reach?
Just to know what you guys think

I think it's quite possible to drop to 5k. Or will be beat off from 7k and go up. But with 100% probability not predict

agreed

[Flickkk]

5 k is the most possible crash for Bitcoin.
long term invest is need to be apply for bitcoin or altcoins too.

[gusnips]

5 k is the most possible crash for Bitcoin.
long term invest is need to be apply for bitcoin or altcoins too.

altcoins are down too, they follow the BTC lead most of the times