How Low Can It Go?

[MattLawson48]

Bitcoin is now under $7,000. How low do you think it is going to go? I say the bleeding stops around $6,000 and it will upswing from there. This sure has created a lot of panic with the amateur investors. Just hang on for the ride.

[icobestchoice]

Bitcoin is now under $7,000. How low do you think it is going to go? I say the bleeding stops around $6,000 and it will upswing from there. This sure has created a lot of panic with the amateur investors. Just hang on for the ride.

Yes , that's was definely caused by peoples panic. If everyone hold it's coins we will not see such trend as we see now. It would even go to $5000, if panic continue. But than we will see grow trend again.

[VenturaBro]

Since we're seeing some green now - I hope it will start finally rising in price. It's been a very long bear trend I think.

[BUSTEDCLUB]

Not gonna try some FUD or else, but the price can go down to 5k if we not hold our coin. And maybe the price will increase again at the middle of this month.

[crampus]

My opinion is that it will drop to 4000, and then it will go up, and it will grow to 30 000 dolars

[bigcash2011]

I think $5000-$6000 will be the final support and the market will start a new uptrend from there and then it will last till the end of this year creating a new all time high around 30-35k.

[Lala Sravan]

People are panic of holding to hold their coins. If this trend continuous all the coins can come down more down. If we take BTC is under $7000 if people they hold and sell. BTC can come down to $5000 and less.

[uzurik]

Read on this topic a lot of posts and made a conclusion that below 4k it will not fall!

[MoonIsBlue]

Bitcoin is now under $7,000. How low do you think it is going to go? I say the bleeding stops around $6,000 and it will upswing from there. This sure has created a lot of panic with the amateur investors. Just hang on for the ride.

Some people are already calling for lows like $200-$800, I think its plausible to see BTC under 1k not too likely but for now 4800 is a real target just like 7700 is.

[dado7]

Since we're seeing some green now - I hope it will start finally rising in price. It's been a very long bear trend I think.

I saw an analysis correlating this drop to the last ones. By doing this they came to a conclusion we should see a "second bottom" in June and then the market should go bullish again.

Very interesting. I could try to find it and stick it here if you are interested.

[Nuex]

my estimates bitcoin prices will drop at the price of $ 5,000 and will crawl up gradually back to normal, and its price will be great in november and december

[Ayamj]

pls i dont need it any lower

[Whybuycrypto]

my estimates bitcoin prices will drop at the price of $ 5,000 and will crawl up gradually back to normal, and its price will be great in november and december

Nuex can you define "normal" in your opinion. What amount or range are you thinking?

[nikola22]

noone knows exactly how low will bitcoin fall. but if you believe in growth than just wait and don't panic - everything will be OK for the cryptocurrency holders.

[avirdoz]

Bitcoin is now under $7,000. How low do you think it is going to go? I say the bleeding stops around $6,000 and it will upswing from there. This sure has created a lot of panic with the amateur investors. Just hang on for the ride.

Bitcoin can descend to a depth that you did not even imagine. And I'm talking about $2000 and lower. But there are no rise without fall and we should be patient.

[MattLawson48]

Bitcoin is now under $7,000. How low do you think it is going to go? I say the bleeding stops around $6,000 and it will upswing from there. This sure has created a lot of panic with the amateur investors. Just hang on for the ride.

Bitcoin can descend to a depth that you did not even imagine. And I'm talking about $2000 and lower. But there are no rise without fall and we should be patient.

I don't think the decline is necessarily over, but I don't think it will drop to $2K.

[ivanklich]

Bitcoin can fall so low that it is difficult to imagine now. But I hope this does not happen. 6000 - a strong level of support. I think it can fall to 6k, but when growth is a difficult question.