BTC Price < $3000 soon

[Lerva]

Personally I believe it will drop to even $5500.It will stay there for a while but how long.

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[IvaNkaLPG]

The mining of bitcoin is the biggest problem. The business model of mining is right out of Alice in Wonderland. Let's say that you need decentralization (which requires mining) or there is no point to any of this. OK why can't a coin have controlled decentralization. The coin sells the right to mine to say six authorized miners with the caveat that mining revenue is distributed equally.

[ooxtcoo]

I think the market is now very dispersed to believe in such a collapse. This can only be the case if US or China will ban all transactions in BTC.         

[jonahhex]

Capitalization slowly falls. Good news about bitcoin we already seldom see and if to be honest, then and good news can give a push at most for a week. The bitcoin dies, to be exact goes to the true values, on another it is called correction. Now payback of bitcoin when mining ~ $2500 that is if the price falls lower than $2500, then mining will be expensive, but not profitable. And here it will be already necessary to be afraid. And up to this point everything is good

[boranes]

Capitalization slowly falls. Good news about bitcoin we already seldom see and if to be honest, then and good news can give a push at most for a week. The bitcoin dies, to be exact goes to the true values, on another it is called correction. Now payback of bitcoin when mining ~ $2500 that is if the price falls lower than $2500, then mining will be expensive, but not profitable. And here it will be already necessary to be afraid. And up to this point everything is good

And if that happens someone will spam network and fees will grow to 50$ again and less people will send bitcoins, there will be higher demand and price will go up.
Same old story.

[Rodimill8]

Bitcoin will drop to $3000 soon, trust me

this is one of the options that I'm considering. Maybe it will be 4k dollars and then we will go to new heights. The situation on the market is ambiguous and very exhausting. I Think this can continue during 3-6 month or more.

[Dmitry_K]

Making forecasts in the market is a difficult task).
Yes, actially, the market is now in a declining trend and bitcoin may fall even more, but in my opinion very strong support at $ 5000. And $ 5,000 is a good level for buying.

[makuhpal]

Bitcoin is much more cheaper for the upcoming days and we should all take the opportunity to get more of these bitcoins,it could happen instantly while these big players are done buying back grom these dips to acquire cheaper bitcoins and altcoins giving them millions of dollars instantly we should be expecting worst than this so prepare your cutlosses!

[bratbu]

We have the same technical analysis so it means we have accurate analysis,this could be worst when $6k suport levels will be broke that would be the reason why most of the people are going to cut their losses,resulting into a massive dump of bitcoin.Doesnt matter how  this will happen but the fact is it can really happen sooner or later!

[FiiNALiZE]

Bitcoin will drop to $3000 soon, trust me

this is one of the options that I'm considering. Maybe it will be 4k dollars and then we will go to new heights. The situation on the market is ambiguous and very exhausting. I Think this can continue during 3-6 month or more.

It shouldn't matter if the price does get to $3,000 or $2,000. Bitcoin will be used at that price.

[Dread]

Bitcoin will drop to $3000 soon, trust me

lol, not so fast, mate
before we are not stayed on 6000$ we are cant goin later down

[Grobokopalka]

Of course no one expects bitcoin to such meanness, but this development, too, should not be excluded from possible options.

[cryptoatomic]

Of course today the possibility is bigger,because of these FUDs and fake news worsen the market situation and these weak people are doing panic selling that will result into futher dips,that is why we need to know that these big players are doing their thing to pull the market down so they can earn much more this is how the market works and we should know it.

[alt-fire]

unlikely all will be badly bad. this will undermine the faith of newcomers, and old residents do not take advantage of this. Well, the miners will definitely announce a strike

[cryptodevs]

It is very possible now,and we are seeing it today if the current bitcoin support will be broke we will see dramatically decrease in bitcoin's value and i could go down below $3k,technically speaking if this happens that would be the reason why most of the investors will pull their money out from cryptocurrencies so that they wont lose anything that they have invested in.

[cizatext]

That is volatility in action, bitcoin price can drop to any amount so long as it active either to rise or fall are all attributes of bitcoin it will never have a stable price because bitcoin operate on the economic law of demands and supply when the demands is high you will see price rise too and if the demands drop then the price will also fall that is why they say bitcoin is volatile.

[barlo357]

I will not bother that is a trending already but if it is happen i will buy more and hold it until December this year I also research to the pioneer people here they said it's natural.Last year also is also like that but a lot of people continue buying the btc that's why they are rich now.

[cryptopussies]

Possiblity that this will happen is much bigger compare to previous weeks,it could be the beginning of the end of cryptocurrencies,doesnt make sense because if this will happen surely the market will be going to be in a massive dumpage.We need to be prepared of with the possible scenario that could happen anytime.

[LyudvigDD]

What are <3000 $? What kind of "professional" is that analysis? You still say that the Ethereum will be 250. Such alarmists on the forum suffice, it is unclear what you do here. Just whine and grow a panic.

[Vart4varta]

The reason for the possible drop in the bitcoin rate could be that only a few units are ready to accept it as a means of payment