Can Bitcoin Reduce to $ 4000?

[Xetonica]

I think it won't be happen that it will getting low about $4000 it might be in $7k but probably it won't be reach into that price i know bitcoin can recover it within a weeks because it has a strong platform in crypto currency.

[1715320078]

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[1715320078]

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[clarkt]

Never say never when it comes to pricing . If what is motivating traders and investor is still basic emotional responses like fear and greed,  people will always take irrational decisions and that could affect price to any extent.  However that has nothing to do with the value of bitcoin.

[cepedacharles]

Yes, Bitcoin can reduce to $4k but not due to the reasons you have listed, but rather due to corrections after a mega bull rally. There isn't any such thing as price drop due to the Binance hack. On second note Binance wasn't even hacked, it was a third party application that hacked users apis.

[redfin31]

According to some sources, Binance was hacked just to hide the sale bitcoin of the Japanese (mt.gox) ( ~800k BTC ). If there are more information about the hacking exchange.Then, BTC breaking below 4xxx, maybe 2k5, I think the best way : u should to sell all your BTC, altcoin. All exchange will die. Thats' the second mt.gox. ***Attention from now until 7/4/2018.
The Chinese exchange is not easy to hack. If so, it is deliberate......

for me it is very impossible, indeed bitcoin price down for now but not mean it will decrease till $4000. like a last month, bitcoin price decrease even to $6000. but it's will not for long time. i'm very sure will increase again very soon.

[waldenari777]

According to some sources, Binance was hacked just to hide the sale bitcoin of the Japanese (mt.gox) ( ~800k BTC ). If there are more information about the hacking exchange.Then, BTC breaking below 4xxx, maybe 2k5, I think the best way : u should to sell all your BTC, altcoin. All exchange will die. Thats' the second mt.gox. ***Attention from now until 7/4/2018.
The Chinese exchange is not easy to hack. If so, it is deliberate......

Bitcoin price can move in any side nowadays. It's unpredictable according to these disturbing news. Well, fingers crossed.

[qiwoman2]

I doubt we we hit such a low bottom. I think for now the bottom for Bitcoin would be around 6-7k USD but having said that anything can happen. I think the retracement is set at around the 7k USD mark and perhaps we might see an all time high this year of 30k USD. I am not that optimistic right now but logically speaking, we should be getting to around the 30k mark for an all time high then next retracement would be back to around 12-13k as the new low. That's just my guess looking at the charts for the last few months. I am not God though, so don't take my word for it lol. 

[WSDN]

could you show me the reason why that can happen? i dont think so. BTC is one of the biggest coins in the world and it also has a strong development in 9 years. the average price is about $8000 and always rise in long term.

[richjohn]

You can never say anything for sure in this market. I was very optimistic when BTC was scaling up again but then it lost 20% in a single day.
So, it all depends on the luck. If someone starts dumping the coin again, the price can fall down again. Just keep an eye out for price every day and sell your investments if the stock starts falling harshly.

[AdamRay]

It's sad to think that. This is the realty that has been abolished because of the hackers. hope you will change. You are fair to everyone else. thanks ..

This is not a real estate field and they will not be canceled by hackers. The world is fighting the hackers now. In the future BTC will be popular in many countries and will be accepted widely. But in my opinion the BTC price will not rise above $ 10,000 and can fall below $ 4,000 because many altcoin born, they have much better features than the BTC....

[Sword555]

Can Bitcoin Reduce to $ 4000?

Why not ?

If bitcoin did 20 000$ it could easy to move and to $ 4000 because of very high volatility.
Bitcoin and all crypto could do any moving up and down very high and very deep.

[ethereumhunter]

Can Bitcoin Reduce to $ 4000?

Why not ?

If bitcoin did 20 000$ it could easy to move and to $ 4000 because of very high volatility.
Bitcoin and all crypto could do any moving up and down very high and very deep.

bitcoin price could reduce to $4000 and we know everything could be possible in this cryptocurrency. and if the price is really dropped to that price, then it means, we have the best time to buy bitcoin and we don't want to miss this moment. we can buy bitcoin at the lower price because the moment will not come twice so I think we can be prepared for the worst thing that might happen later. the price itself could go into every level of the price and no one will know where the price wants to go.

[Ronaldcoin2017]

Can Bitcoin Reduce to $ 4000?

Why not ?

If bitcoin did 20 000$ it could easy to move and to $ 4000 because of very high volatility.
Bitcoin and all crypto could do any moving up and down very high and very deep.

bitcoin price could reduce to $4000 and we know everything could be possible in this cryptocurrency. and if the price is really dropped to that price, then it means, we have the best time to buy bitcoin and we don't want to miss this moment. we can buy bitcoin at the lower price because the moment will not come twice so I think we can be prepared for the worst thing that might happen later. the price itself could go into every level of the price and no one will know where the price wants to go.

Yes I agree on that , in bitcoin anything may happen in a short period of time, and we all know that the bitcoin is really unstable and it has a high volatility, so then it is really possible that it will reduce up to $4000, we cannot really lay aside those possibilities because if we take a look on the bitcoin chart it is really moving up and dump.

[annango]

If the price of bitcoin reaches $ 4000, it will not happen instantly. The price will go through the support levels and stay there for a while. Maybe not at all levels along the way, but at some accurately.

Of course it will not instantly , but look from January we still in failing trend.
20k-17k-14k-12k-10k-8k(now)-6k-3k(next stops). I think that will be like that way.
And this will be good position to enter in market on 3k and lower. Do not need to invest now.

I'm sure that Bitcoin price can't go down $3k. Why? Bitcoinist researched the data and cost of energy to mining a BTC in global. In Oceania, we need $12.203 to mining a BTC, South America is $ 7,150, Europe is $ 6,695, Asia is $ 6,378 and Africa is $4,626 per BTC. If Bitcoin is going down under $4,626 then all miners will not continue mining Bitcoin and then Bitcoin will die, whale will never let this happen.

[think3214]

I think it won't be happen that it will getting low about $4000 it might be in $7k but probably it won't be reach into that price i know bitcoin can recover it within a weeks because it has a strong platform in crypto currency.

No one can predict what will happen in the future. Bitcoins may fall below $ 4,000 because: The current Crypto market is very competitive with other altcoins, with more altcoin being born, they are more usable than Bitcoin, which is widely held. So in a few years time, Bitcoin will be outdated, so Bitcoin prices will drop to the lowest level possible.

[zokilnmet]

Nobody know it, but everything is possible and this assumption too. BTC like any other crypto currency is very unstable. So it could reduce to 4000$ and opposite high to 20000$ like in December 2017

[zhekinsp]

Nobody know it, but everything is possible and this assumption too. BTC like any other crypto currency is very unstable. So it could reduce to 4000$ and opposite high to 20000$ like in December 2017

You are right no one knows will it or not but the chance for happening is very less in my view.Because when we turn back the history the bitcoin will always recover from the crashes now also the price recovered little bit and nearly at $9000 so I don't think it will reduce to $4000.

[winspiral]

I feel even $2000...but I hope it not...

[sparveenat]

My suggestion to every one is don't predict too low like USD4000 instead waiting for bottom book your profit or even book your lose to be safe side and it wont affect much in your portfolio. Bitcoin has a great performance record so I don't think bitcoin can reduce to USD 4000.

[Borisb52]

According to some sources, Binance was hacked just to hide the sale bitcoin of the Japanese (mt.gox) ( ~800k BTC ). If there are more information about the hacking exchange.Then, BTC breaking below 4xxx, maybe 2k5, I think the best way : u should to sell all your BTC, altcoin. All exchange will die. Thats' the second mt.gox. ***Attention from now until 7/4/2018.
The Chinese exchange is not easy to hack. If so, it is deliberate......

It seems to me that everyone understands that if the price of bitcoin falls below $ 4000, then the market will recover for a very long time. And this situation is now unprofitable to anyone. Therefore, I think that the price will not fall so low.

[Granxis]

I feel even $2000...but I hope it not...

oh, I hope this price drop does not happen. I'm a bit worried, but when I look at the graphics I do not see any problems other than the volume problem.