Can Bitcoin Reduce to $ 4000?

[marroxas]

Yes, Bitcoin can reduce to $4K. A month ago the price of BTC was about $5K. I think that so high volatility is normal for crypto currencies. The people can buy/re-buy on the low levels. Also the "whales" like to shake the crypto exchange markets, therefore the "hamsters" need to be able to predict the intends of huge investors.

[yvesp110]

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.

You can expect anything from bitcoin. No one can predict exactly what is going to happen now. Although by observing the market and events causing increase and decrease, some people got enough good skills to predict and these predictions, somehow, are feasible. But still, it may happen bitcoins can go down even below $4000 tomorrow and vice versa. They are unpredictable.

[tbalazs]

It can get even lower than that, however I think it is pretty unlikely, dont leave money in it that you will urgently need in the next few months.

[cheezcarls]

As much as the market is unpredictable, I can say that it could or could not happen. When Bitcoin crashed below $6,000, there's a support level which makes the cryptocurrency recover. However, I can be wrong and maybe it would drop below $4,000 when a big bad news about Bitcoin is coming to town.

Now that the price is steadying between $9,000 to $10,000, I think it might take a while to happen. Expect that the price will pump because Mt. Gox will hold off massive BTC withdrawals until September as what I've read in the cryptocurrency news.

[Leonard2016]

If you are talking about possibilities , everything is possible!
It is possible to have whole of the internet shutdown ! I think the possibility of that is as much as we see bitcoin under 4000$!

[Semaj123]

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.

Exactly, we have to stop spreading FUD so that people will not be worried and probably will be encouraged to help Bitcoin increase its price by continuing to support  its services. Speculation like this can only make things become worst and we don't want to make that happen. Bitcoin already have so many trials and I don't think this time it will go down to $4K.

[royale143]

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......

Now there is a decline in bitcoin prices, but I think it will not go down too much. This is still within reasonable limits and very possible once to experience price increases again. I am optimistic because the development of Bitcoin is now getting better, many places have also received payment via Bitcoin. The decline is only momentary and this is a correction of some people who want to make a profit. 

I say that there is always a possibility for anything to happen in this market. Just last month Bitcoin has gone down to around 6k dollars only to rise up after a week to 10k dollars, so if you foresee with whatever information you have that Bitcoin could really go down to 4k dollars, then that might just happen. However, for me, I think that's already too low of a value, Bitcoin has already risen high enough to keep some sort of a maintaining amount, 6k more or less would be that amount, because even in at its lowest point, it didn't go down from there.

[NeverSop]

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......

Now there is a decline in bitcoin prices, but I think it will not go down too much. This is still within reasonable limits and very possible once to experience price increases again. I am optimistic because the development of Bitcoin is now getting better, many places have also received payment via Bitcoin. The decline is only momentary and this is a correction of some people who want to make a profit. 

I say that there is always a possibility for anything to happen in this market. Just last month Bitcoin has gone down to around 6k dollars only to rise up after a week to 10k dollars, so if you foresee with whatever information you have that Bitcoin could really go down to 4k dollars, then that might just happen. However, for me, I think that's already too low of a value, Bitcoin has already risen high enough to keep some sort of a maintaining amount, 6k more or less would be that amount, because even in at its lowest point, it didn't go down from there.

As far as my technical analysis, bitcoin can drop to as low as $ 6k5 because in that moment bitcoin has very strong support. The market is volatile and this is the time when investors need to observe the market to make no wrong decisions for their assets. If you are holding altcoin then wait, the market will recover in April.

[Tactical Genius]

Everything is possible with cryptocurrencies now.i mean who thought bitcoin will drop from over 20k to 5k,yet that happened so that is also a possibility but then always look at the bright side as the prices most likely will rise again after any downward trend.

[richcorner100]

Anything can be happen but when look in to daily chart that hard to be happen, Bitcoin now become more popular in the world and more country regulated it so in the long term the demand will continue increasing. In my prediction the price of Bitcoin in the last of this year is around $40,000.

[jambul_kribo]

Anything can be happen but when look in to daily chart that hard to be happen, Bitcoin now become more popular in the world and more country regulated it so in the long term the demand will continue increasing. In my prediction the price of Bitcoin in the last of this year is around $40,000.

totally agree,,by goverment regulation it could make bitcoin trader and investor felt comfort.no more fud about exchange banning or ico banning that could make rush.

[Barcode_]

I believe the values of bitcoin does have the possibility to hit an all time low of $4000 USD in the year of 2018, but the chances for this scenario to happen would be extremely low, because many traders would start to buy more bitcoins from the trading market once bitcoin price starts to drop below $7000 USD and this action will form a strong buy in support to prevent the values of bitcoin dropping more.

[Qunetick]

I believe the values of bitcoin does have the possibility to hit an all time low of $4000 USD in the year of 2018, but the chances for this scenario to happen would be extremely low, because many traders would start to buy more bitcoins from the trading market once bitcoin price starts to drop below $7000 USD and this action will form a strong buy in support to prevent the values of bitcoin dropping more.

I agree on that. Bitcoin has a unstable price that can really pur or maybe dump anytime,anywhere and if we do take a look at the past price chart Last year we maybe amaze the high volatility of the bitcoin. So then I believe that it has a great posibility that it can really reduce up to $4000 USD but we cannot really point an exact date on when it will going to happen.

[rocketbits]

For sure bitcoin going to 6000$ first and after i think it will try to hit 3000$ price at markets , by this moment we have very big chance to try this deeps because all money from noobs was earned and now we need to go deeper to get new noob in markets.

Right now, the market value of bitcoin is getting better and better and that the market value has reached over 10k $ and that there is hardly any chance of this much dump because we have seen the market value of the bitcoin dropping down from 20k $ to 4k $ and that this can even go beyond that too because it all depends on the demand and supply of the bitcoin in the international market.

[xmas7]

Bitcoin can drop even to less than 4000 but I dont expect that. At that low price there will be lot of buyers. Hopefuly this will not happen because it would influence also all other altcoins.

[carodupuis]

We will see a price increase very soon, maybe not a crazy jump, but a stable increase. I do believe that its price will reach 50,000 in 2018, though, no one knows for sure.

Bitcoin is a coin with the largest market in the crypto land and there are maximum investors of bitcoin among all other digital currencies. There is a hard correction waiting for all of us who are standing by bitcoin through its thick and thin. It has the capability of setting new records in the crypto market as it did last year. 50, 000 dollars is again not a big deal for bitcoin but it will be reached by the end of 2018.

[pimvinken]

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......

In the cryptocurrency market, nothing is impossible. However, I do not think bitcoin will be that cheap. $ 4000 is an unacceptable number for bitcoin. If this happens then most likely the crypto market will collapse, some altcoins will die. However, the current bitcoin price is around $ 9200 and everything is fine.

[cryptoblue]

Bitcoin would never got down to as low as $4000. There are still a lot of investors support. Many people are buying bitcoin, so the price would increase not decrease.

[Bittrac67all]

Unfortunately their is no something impossible in our live. Today it around 8000$ tomorrow could be 10000$ and after day 4000$. Crypto currency is very unpredictable

[ajoy]

Bitcoin was reduced the price, but not go down too much until the price you wrote, I think bitcoin will find the moment to rising up the price again