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Author Topic: How much more fall is possible ?  (Read 3513 times)
orehovka (OP)
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June 07, 2018, 06:57:49 PM
 #1

How much more fall is possible in price of bitcoins?
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Direwolve735
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June 07, 2018, 07:06:02 PM
 #2

Perhaps bitcoin will reach some constant. And it will change at some time period to no more than 7-10%. In this case, it can become a convenient means of payment, cause now it isn`t possible with such jumps. But we must understand that it is still too early for such a development scenario, although later it is quite probable.
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June 07, 2018, 07:07:47 PM
 #3

How much more fall is possible in price of bitcoins?

The current situation in the market is good.The price of bitcoin is moving forward.Hold you bitcoin,you can sell that bitcoin with the price of 8000 or 8500$ in few days.The power of bitcoin is the price will raise 500$ in a single day.And this is the main reason for increased in investors every day.

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June 07, 2018, 07:08:02 PM
 #4

That is tough to call.
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June 07, 2018, 07:32:40 PM
 #5

How much more fall is possible in price of bitcoins?

Going back to $5,000 , $3,000 , $1,000 , $500 , $1 , 0..... who knows?

Anything is possible to happened but have different percentage of chances from the 100% to 0%. Even in a big trend, it can be spoiled by such event and that happened many times already.

Rather than to think of that, think of a way how to deal on that once it happened.

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June 07, 2018, 07:39:30 PM
 #6

This question can't be answered exactly. Price is defined by marr, by supply and demand ratio and in theory price can move up and down without limits. And the corrections in price are part of Bitcoin volatility, so usual and periodical I would say.
Still I beleive that in current correction Bitcoin price will not go bellow 7000$. Probably will stay somwhere between 7000$ and 8000$ for another couple of weeks.

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June 08, 2018, 04:07:51 AM
 #7

I think No one can predict falling bitcoin prices and rising bitcoin prices because rising and falling bitcoin prices are affected by demand and supply in international markets ...
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June 08, 2018, 05:20:46 AM
 #8

How much more fall is possible in price of bitcoins?

No more than this. we have already passed all the resistance for now. As long as there is no mega dumping like Mt. Gox or similar we are not expecting any fall at all. The current bull run is pretty healthy and it has recovered after very long time. So it has taken all the investment, money in-flow that is needed for it to recover from this fall or bear trap. This will prove it strong bull run and it is expected that in the following week or so we will be reaching the prices of 8-9K USD with huddles at all. The mid-year hype also adds up more fun into it as more and more people start coming on board.
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June 08, 2018, 05:22:33 AM
 #9

Why you asked this recently? We've been falling more than since January up til now so no one can tell on how much falling is going to be there.

What I believe is we were done with this falling scenario and bitcoin and the rest of the crypto market are prepare to take it's launch off soon.

But the thing here is I can't tell you when it will happen too so while you can see that the price was under your expectation, you can buy as many as you want before it skyrocket.

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June 08, 2018, 06:28:30 AM
 #10

it's very difficult to guess the price of Bitcoin, the market is so unstable right now, sometimes up a bit and down, I think the best solution now is to hold yourself back, its time to stay away from your computer screen, rest or vacation for a moment.
nl247
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June 08, 2018, 06:45:45 AM
 #11

No one actually knows what is possible or what is not possible. The market is unpredictable, we have the likelihood of going as low as $5000 down to $3000, if the pattern on the daily chart turns out as expected with the wedge formation, or who knows, surprisingly, the market may get a huge push to the upper side. Nothing is guaranteed, and the only thing we have to guide us is the trend to see where the movement leads us and time to see when we actually get to see any of this happen.
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June 08, 2018, 06:49:05 AM
 #12

We cant predict how much bitcoins value fall.We dont know it will no longer fall instead it will constantly rise in the near future.Lets think positively.
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June 08, 2018, 03:41:22 PM
 #13

It's nearly impossible to predict. There was a moment when Bitcoin lost over 90% of its value and recovered pretty fast after that.
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June 08, 2018, 03:53:13 PM
 #14

I may be crazy, but I'm sure the capitalization will grow in the near future. I can not say that the strong growth in bitcoin, as it is still a heavy and clumsy tool, but litecoin just go to growth decently. I think by September the price will increase by 2 times.This can be seen from the technical analysis and volatility. Cool

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June 08, 2018, 04:17:53 PM
 #15

How much more fall is possible in price of bitcoins?

It can be huge or it can be nothing than what we saw recently. I mean look at the market we have seen the drops of bitcoin from all the way 20K USD to the 7000 USD today. Which is most heavy dump for bitcoin that we have seen this year. I think from his event you can understand what can happen with bitcoin and how much it can drop than this. Bitcoin falls with either bad news and panic following with it or with whales dumping their coins. However there doesn’t seem anything like this currently and we may be seeing bigger pumps rather than dump now.

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June 08, 2018, 04:23:17 PM
 #16

How much more fall is possible in price of bitcoins?
if my prediction of bitcoin will not fall anymore because now this bitcoin is increasingly moving up the price. so we all have to pray alone hopefully this month bitcoin continues to rise until the end of the year so that investors can breathe with relief

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June 08, 2018, 04:26:09 PM
 #17

In crypto , anything can happen.
But when I see bitcoin value stay on $ 7k , it's already high enough , it means that bitcoin still have high demand so in this year I can guarantee that bitcoin will not reach $ 1000
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June 08, 2018, 04:54:12 PM
 #18

Bitcoin has fallen too much but in my opinion it is now potentially to go up again, because what I see now prices are stable. that's just an estimate. bitcoin unpredictable.
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June 08, 2018, 04:57:49 PM
 #19

The only price range holding us from a severe crash is $6000. Once $6000 is broken, everything will fall apart, eventually leading us to even sub-$1000 which, I know is a pretty low yet probable price we'll be seeing ourselves. Right now, it's just playing between $7500 and $7700 for pretty much a week now, and we haven't seen any strong bull or bearish reaction yet. We're up for a sideways market up until one faction makes the first move, though I'm not seeing a major shift of the paradigm yet given how sloppy the market was in the past few weeks.

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June 08, 2018, 05:05:40 PM
 #20

I think Bitcoin will go up and will always be the most expensive cryptocurrency mainly since it's the original and is the most recognized cryptocurrency to the general public. Majority of us probably all started getting into cryptocurrency originally because of Bitcoin so if cryptocurrencies ever do take off and companies do start accepting them in their stores the original cryptocurrency will definitely be the first one to be accepted which would cause it's price to increase.
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