BTC Price < $3000 soon

[makuny]

The market is currently unpredictable. There should be no predictions. Up and down everything possible.

[jerry3k5jamiso1]

At present, BTC is at $ 7,000. They are continuing to decline. I think they will drop to $ 6,000 and they will rise again. This is the most common thing at BTC. They will not go down as you say.

[rodmanqs]

Bitcoin Today
BTCUSD broke the 7700.0 support level, and currently is trading above the 7250.0 level. This dive does not violate overall picture; we still have the Bullish Trend Line support underneath and a February low at 6000.0. One of the reasons of recent sell-off could be a crossover of the Alligator Indicator (Technical indicator, consists of three EMA lines) this signal considered by many traders as a strong downside signal. Yet, the technical analyzes have a subjective nature, and the market not necessarily obeys all the people-written rules.
Today forecast: Lateral movement in the 7250.0 – 7700.0 zone.
Latest news:
 Tether issued 300mln tokens Despite the fact that the emission happened on 20th of March (right before the dive under the 8000.0 support), the public begins to evaluate consequences only now. Tether is the company which owns a USDT - token backed by fiat currencies, USD and EUR, in 1:1 ratio. In the last six months, Tether has constantly been accused of not having sufficient fiat reserves to back the tokens that they periodically issue.
 CBOE Prods SEC on Bitcoin ETF Approval in New Letter In his letter, Chris Concannon, the firm's president, cited data collected by the company through its launch of bitcoin futures late last year to make the argument that the market is moving toward being able to support an ETF. The letter was a response to a January release from the SEC, in which it outlined its concerns over approving an ETF, citing market fragmentation and investor protection shortfalls. In his response, Concannon noted that although they are young, the bitcoin commodity markets "are developing quickly," which is promising for future exchange-traded products (ETPs). Even the speculation on this topic in media will add a positive attitude to traders.

[unijaychie]

$3000 its not happen I think 

[marvtridon]

Firstly, You are a newbie with few activities. WHile this may not tell on your knowledge, Its difficult to trust you as you have asked us to because your submission lacks intelligent proof to give us reasons to believe that btc will go down to 3k. I believe it cannot go down that level. This is due to the influence of traders and weak hands that has been shaken off already. The sell pressure is out.

[JuliaJi]

I think many people bought bitcoin on price 7k-10k because thougt that it was bottom, BUT bitcoin didnt grow, and I have one question : WHY?
I think that someone regulate the situation on market...

[zlt220]

I don't think this can be possible, I think the lowest it can go is $6000, and from there continue to rising again.
Well if it should happen that bitcoin <$3000, from my own perspective I think it will be an easy way to get some bitcoin at a very cheaper rate.

[melyweb]

bitcoin downing

[skylar]

Well the market are so f****n wild at this moment, the downtrend is continuing but I hope that the $3000 price will not happen again. This volatiles & unstable market are so disturbing me, its hard to make a prediction on it. All I can do is only hold my crypto asset, not a good day for some of us but Im still believe on it.

[publicjud]

Bitcoin will drop to $3000 soon, trust me

3000 dollars .... I don't think so. BTC fell below 7000 several times and what did we see? I saw that it was bought just like hotcakes and the price immediately went up. I think that BTC won't fall below 6000. At least for a long time.

[Mastermine]

I don't think so。 I don't think bitcoin will fail that much. The market will recover soon, and bitcoin will become the leader of the game again.

[sadwage]

Bitcoin will drop to $3000 soon, trust me

 I dont know if its gonna happen this year that btc raise as that much 30000$ but  hopefully btc will reach the high price again because now the price is dump in the market.

[kiky03]

Well there is a chance for that, but it im really sure that its gonna get back up and up again as a lot of investor doing a lot of investment in it to hold it up until the long time. Thats what will happen in my personal opinion. 

[mwarrior]

Perhaps BTC will be 3k, but until I see even hints on it. Average volatility at 5% and this is not bad, given that recently there was a very strong collapse.

[sanjay6121]

bitcoin price has lost more than 20% of its value but i believe bitcoin price never go below $ 5500. because bitcoin price has shows significant strength in its upward movement. some positive news drive the bitcoin price to a new high.

[nitin8263]

No it is not possible because BTC can  be a down more than more $6000 but $3000 we will never see it on this price. BTC has also much fallen before  and now its chance to increase.

[erichall]

Doesn't bitcoin have to be above like 5-6k in order for the miners to at least break even? I doubt it will go lower than that at this point. And if it does, it aint gonna be pretty!

[white.raiden]

I think in Q1 2018 bitcoin will not reach the price of $ 3000. because the current bitcoin price has a price of more than $ 7000. in my opinion bitcoin will reach the lowest price only at the price of $ 5000.

[weston4mills]

Even if this is true it will not scare me. I think bitcoin can rise even from the ashes and for sure it will grow again

[KXC247]

Everything is possible in this market now. Its normal to see such price levels as the bears are still controlling the market. No one knows where the price of bitcoin is headed. Fundamental analysis rules the world of cryptocurrency. One good news can trigger the bull market and one bad news can cause damage to the market.