Bitcoin price drops to $7000.

[nara1892]

This was actually inevitable. Right now the price is under $6,700 USD. The price has tanked a lot in last few months. But if you compare it to previous years price, we are still actually on the green zone. You have to admit that the price last year has went up insanely and i guess the price we are seeing now is the actual price of the coins (the price that they should have been.

Yeah it is right. When I knew bitcoin for the first time, the price was about $500. And now the price is $7000, so it is still high price.

Besides, I agree with OP that it is a good time so buy, not to sell. Then wait for some period of time until the price goes up again.

[craZyLovE0916]

Now it has dropped even lower and it is in the 6k territory. It was starting to see a steady rise the past couple of days which was actually giving me hope that we might be coming out of the woods and now it has gone back down and I don't know what to think. I do understand that this is just normal market movements and fluctuations but it doesn't make it any easier.

[rext]

Since the beginning of the year, the virtual currency market has experienced a number of "seismic storms" under the pressure of control from governments. China and South Korea are tightening regulations on virtual currency. In the United States, the Securities and Exchange Commission (SEC) is seeking to "legalize" this money market. This is the reason why bitcoin prices dropped sharply

[Kaller]

There is no guarantee for the Bitcoin price to hit $20k so people should invest with that in mind. Also the price is expected to go way below the current price levels as the market correction isn't over yet and we can expect one or two more flash crashes at least.

[darkangel]

Facebook Twitter and Google also announced a ban on virtual currency advertising, in order to avoid being involved in virtual currency. In addition, the amount of capital poured into virtual currency is less gradual, meaning that the growth of this market will not be the same as last year. I think the bitcoin price will not be the same as last year

[phillymogul]

Has not hit bottom yet. Buy the dip still applies. It was only last year when bitcoin was below $3000 so timing is everything.
There are market forces, business cases and technology that will eventually drive the coin price higher.

[Theo222]

Bitcoin price has dropped significantly since beginning of 2018. This is an opportunity to buy bitcoins and sell later as expects project the price to hit $20,000 late this year.

yes i already purchased bitcoin when it dumps so fast and now im holding some bitcoin and wait until bitcoin will pump again morethan the pick price last year. hoping bitcoin will be 50k$ or more this year.

[jokowi]

Despite the decline of Bitcoin, many people are also optimistic about the future of this currency. But bitcoin continues to decline. Bitcoin prices today fell sharply on 5 April, along with the downward trend of all the major currencies in the market. It is likely that they will continue to decline

[giantrobot]

Bitcoin prices today traded at $ 6,772 / bccoin, down $ 800 from the same hour yesterday. Thus, after two sessions of recovery, Bitcoin price falls to $ 6,000. Not only Bitcoin, the top 10 digital currency on the virtual currency market is also red

[Natalim]

Bitcoin price has dropped significantly since beginning of 2018. This is an opportunity to buy bitcoins and sell later as expects project the price to hit $20,000 late this year.

That's alright mate, don't panic because eventually we will be back to our expectation.
We reach that price in the last quarter of the year last year, and we are just in the 2nd quarter of the year now, we have to trust the market.
Bitcoin has a great potential but this regulation issues making some panic, but as soon as they understand, we will witness again FOMO.

[cavaBcoin]

Bitcoin price has dropped significantly since beginning of 2018. This is an opportunity to buy bitcoins and sell later as expects project the price to hit $20,000 late this year.

In 2018, the price of Bitcoin has been lost 60% of value and there is no guarantee that the price of Bitcoin is not continue dropping. I think  Bitcoin will soon reach $20,000 peak again but if we look at Day Bitcoin Price Chart today then long-term trend is still on down-trend. So, the best you shouldn't buy Bitcoin now because it can quite go down $6,000 even $5,000 which is support threshold very strong. If Bitcoin goes down $5,000 then the great time to buy Bitcoin.

[Jmabion134]

its just like the past year the beggining of 2017 bitcoin drops the price but on december the price pump high so dont panic and dont be afraid of this because bitcoin have a potential to comeback and you will shock when the price boom again

[dragonking1911]

A lot of people say about 20000 usd but I think we should be more realistic because the coin market situation is so different now, the government is increasingly tightening policy on coin

[phelbaby]

Investors who missed to invest at the initial time have the great opportunity to invest now,and wait for price increase of their investment, it could be your last opportunity to invest so don't miss out.

[MMS2017]

Bitcoin is the crypto currency and it is not new that the prices of bitcoin drop to 7000 but soon the bitcoin growth is highly expected for the long term and in the mid of this year bitcoin will grow at a high rate and in this way we can trade our bitcoin for a good price range while the crypto users are happily involve in this currency to promote this social media and the users are increasing with time.

[Vit83]

BTC was on the bottom for few years and all ok) Now people just after few bear months saying that all is finished with BTC) Ok see you after few years and we will talk)

[bitfocus]

I don't see a huge $20K at the end of 2018 per Bitcoin but it's the time to buy, no doubt.

[camito]

This is such an optimistic way to attract more investors and if all investors are thinking this way, there is a big chance that bitcoins price will rise by the end of this year. There's a chance that it will hit $20k again or even more than that, but unfortunately, not all people are thinking like this, some are doing panic selling which is one of the many factors why bitcoin keeps dumping and dumping and is the reason why our market is bleeding red right now.

[roller24]

I hope that this will happen and your news is true.I'm sure the whole crypto market and the entire community are already expecting some price increase of at least 10%.

[kwarto]

wait a little bit, as a price still downward trend.
if it goes to its lowest price then the best time to buy bitcoin... you are right saying that the price may up as high as 20k usd again. if you buy this time you may gain huge profit when times comes for bitcoin to its highest price.. the best of luck to you!