How much more fall is possible ?

[ChainWorld]

Right now i can see btc fall in to 6.2k are we gonna see another dip to 5.8k like previous and take off nothing can predictable but i think if it touch like 3.5 or 4.5k to see a new high.

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[b3j0]

nobody knows, but today the bitcoin prices fall back and are priced at $ 6300.
You should not see the market now or you will cry.

[Budugbass]

I don't think bitcoin will go down to past $4000 and possibly the lowest bitcoin price will reach $4500. While the possibility to rise it will look after August, I assume it is like last year. The incident where prices began to rise, maybe after August to December. But, this is only my guess because we don't know correct or wrong.

[arthotdog]

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.

So do you have a magic ball?thats why you can easily predict the $500 increase daily?and when did you get that investors are increasing everyday?if investors are growing then why prices continuously dropping?any good reason for this scenario?

Bitcoin will continue to fall this year and if my calculations concern the value wont even reach the $10,000 until the end of January

[Glorypaasa]

How much more fall is possible in price of bitcoins?

Its hard to predict on how much more that bitcoin price will fall but in this kind of situation we need to know how to handle it or we can used this opportunity to buy more while bitcoin is on dip because for sure bitcoin will bounce back and it will become profitable again.

[Daniel91]

I don't think that anybody can answer 100 % correct this question now.
To many factors influence btc price now, including bad media news and reports, rumors etc.
We really can't predict when such news will occur and how much will influence btc price.
In crypto market we have to many young and inexperienced users.
Many of them selling btc in panic when price drop.
So, btc price can still go down but we don't know how much.

[iram1011]

If you want to speculate the price movement according to Technical analysis, then this fall below $6600 has confirmed a rising wedge breakdown. This can lead to a further drop to $5200. Bears have overtaken the market once again and we might see another steep fall soon. We are experiencing a harsh correction after the premature surge of Q4 last year. Price is trying to come back at original levels where the price should really be at this time in its development.

[hahay]

No one knows, but the price of crypto or bitcoin still has a great chance to fall again probably to touch the lowest price, maybe at $5k, but with high hopes I really hope it will not happen and still be patient to wait for all this rise again in the near future or at the end of the year.

[umar22pk]

How much more fall is possible in price of bitcoins?

In the current situation bitcoin is falling & at the moment no one can exactly predict but the falling graph & broken resistance shows more fall in the price of bitcoin & might possible it touches 5K.

[DMCR lah]

It turns out that not only Bitcoin is free-falling, almost all Cryptocurrency has decreased significantly.
Be it Ethereum, Ripple, Litecoin, and various types of Cryptocurrency is suffered a pretty decent decline. Various parties have analyzed that the Cryptocurrency phenomenon triggered by Bitcoin is just a momentary phenomenon, or the cool word is the Bubble phenomenon.

[Sir Paijoe]

I'm sure that the $ 6000 price is the lowest price of bitcoin so buying for $ 6000 will make us retire and become a new millionaire in December, the most interesting thing about bitcoin prices is always skyrocketing when the price drops.

[gabriela1999]

No anyonecan answer this question correctly.  All is just predictable. Right now, the bitcoin is only $ 6k1.  lost more than 7% today.

[Okrah]

How much more fall is possible in price of bitcoins?

I can not show my prediction how much more fall is possible. Because the price of bitcoin is very unpredictable.we all know that no one of us here can give the exact amount, how much falling the price value of bitcoin. But we all hope that soon bitcoin will fly again to the highest level.

[codegnome]

Maybe it will go to the 0$ and it will be end of our age of cryptocurrency? I don't know, but it doesn't look very good now...

[kwabeedat]

It will reach a time that all sells will be exhausted. I think that is when we'll be fed up and those who want to sell have sold off already and those who want to hold will be remaining. I think at that time, a rise can come.

[cezariusss]

Fundamentally btc has a value based on the costs necessary to mine one. This amount is different in various countries mostly due to electricity prices, but i think it is $5-6k approx

[coin_gambler]

At the moment the market is really unpredictable, anything might happen, wouldn't be surprised if the price keeps going down. However, I won't sell anyways there's no way back at this point just hodl.

[yslyv]

anything is possible of course. but in my opinion limit of downtrend is around 6k usd. even if it drops below it, it can not stay there for so long. because mining costs are pretty high. electricity is expensive and hardware costs for bitcoin minings is also really very expensive.

[Far_peter]

3-month tech indicators tell there will be an upward trend, but not sharp. About 8-8.5 by october

[hamade]

today the price broken 6000$ maybe it will down more and decrease to 5410$ every thing is possible