how low can it go

[barbara44]

OP asked during $7,400 so it's now a good answer to see the price of bitcoin now I guess.

That can be the assumed bottom for this month but still we can't celebrate too early. The price now marks at $7,600 and it's still fluctuating down to $7,500.

Yeah, we really do not have much to celebrate yet and I will only celebrate even a little if we break out from the upper line formed by the wedge pattern around $8600 - $8800 as that would show we still have the chance to go test the $10k mark and possibly we may break it or not. Nothing is guaranteed yet, the market is still filled up with fear and uncertainty when taking a look at the charts, and all we have now is to wait and see how things will be playing out pretty soon.

Bitcoin is a currency of great potential and it may go more down but there are fewer possibilities. The value may surprise us in the upcoming days because the value has dropped more the price equivalent to 6.1k dollar which is the lowest price recorded this year. We have seen and gone through situations like this many times in the past and have been watching it recovered after fall.

[Hannahanto]

I would assume that the price of bitcoin can even touch $5500 or even below to it. This price would travel until the end of July. August would be the fortunate time for bitcoin and other altcoins values come back on track picking up to $7000. Since last December screened out the maximum hit, it caused all the investors expect bitcoin hit minimum $30K this year. Lets see what would happen.

[Karakas]

the market gives every investor to invest more because the price becomes cheaper. Bitcoin prices may drop even under $ 7,400 but then you can still see it bitcoin will start rising in August of this year

[mkhadazz]

it seems that bitcoin prices can be very weak when there is bad news that really makes traders frightened and ultimately many who sell at cheap prices and I predict the price of bitcoin can go down to $ 4k.

[Malaya]

I just that the fall that is expected this July will be the last. And the prediction that it will continually rise starting August. Or if not atleast this year. I'm a bit excited about it. Though the marke right now is very unpredictable still hoping for the best. And what's sure is that the market will recover soon.

[LuciferEveningStar]

Bitcoin price is now below 7,400$. We are seeing constant declining of the price since 5th may. Can you guys tell me how low it may go or we can hope that it may rise after this month.

In my own opinion, bitcoins today will start to grow even more or will slowly increase its value because the month is going near december so expect everything in a positive way and just hold your coins.

[bengsabeng]

the lowest price of bitcoin is $ 5900 and it only lasts very short because soon the bitcoin price goes back upwards of $ 6k. and I think the bitcoin price will not go back down below $ 6k.