Do you believe, Bitcoin To Drop As Low As $1500 This Year?

[BTCHadzija]

I highly doubt that it's going to get that low but I will be prepared for it in case it happens. Prepare your shorts if the current yearly low doesn't hold and put in some more fiat if it gets that cheap again

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[rosebit]

I don't think traders really want this forecast to come true. Because if bitcoin will go to the bottom than altcoins will go down  too,so this September  you should buy more and hold it.

[acaciosc]

Bitcoin To Drop As Low As $1500 This Year, Wall Street CIO Predicts
"I wouldn't be astounded if throughout the following year it's down to $1,500 to $2,500,"
Is this going to be genuine or not?

No way, this sounds too pessimistic. I have read a lot of predictions like "Ethereum will hit 100$" or "Bitcoin is going down to 0" but take a look at the market after a big dump and you will see that many altcoins rise up to 70% overnight! I guess, the bottom will be around $4-5K if things go really bad.

[rasulibragimavic]

This will be very painful for those who bought his from 20,000-10,000 $ I personal not rule out that this perhaps but and not believe in this !

[Reinz12]

I think if you look at the bitcoin journey from the beginning, it can happen, but then the value of bitcoin will crawl up uncontrollably as before.
In fact this has happened between 2013 and 2015 where bitcoin experienced a long crash
All things can happen but traders hope it is far from the possibility to go down that low

[obility]

It could be possible because crypto market is so volatile, so in cryptos anything can happen, and I agree that it could be possible to see bitcoin down that price, once more people starts losing interest in cryptos, the price will keep going down.

[matchi2011]

Everything can possibly happen, but falling to that level might create much bigger crash if supporters permits that to happen, for sure big whales won't allow that as they knew interest for investing to this assets will be thrown away, they will keep the barrier and try to pumped little by little to attract newbies again to invest, hopefully we won't see that value anymore and the price will rise high before this year ends.

[EmmaBen]

No! I think bitcoin will rise instead. The time it would probably have fallen that low this year, I believe, has passed. Maybe next year.

[WonkaLuisAL]

Bitcoin is too promising to losse almost all of it's vaue in just one year, after years of growing, it could definitely drop to that point, but after a lot of time has passed.

[sinkfish]

unlikely to happen, many coin are tether to bitcoin. which means all the asset are tether to bitcoin as well. if shink to 1.5k mean the total market cap is only around 4-5bil dollars. until  them its only take a few hours for the price shoot up to 10k again. no one is going to miss  the gold rush again.

[KBCapital]

It is impossible. When Bitcoin drops below $2000 I will all-in with it.
I think Bitcoin can dump to $3000 - $4000 maximum. You can follow some famous people on Tradingview and watch their technical analysis documents.

Actually, I mostly put my fund into some great altcoins (NEO, ETH,...) I do not buy any Bitcoin.

[yyui]

No, I don't believe it. I don't think Bitcoin's price will fall to $1,500. This is impossible, and the price of Bitcoin will not fall again. I believe that the market will soon recover.

[Ade A Aziz]

It's like an eldest dream. I, like other traders, really do not want this forecast to come true. Because if bitcoin will go to the bottom than altcoins will go bottom too

Yes, I agree with you. Hopefully the prediction of the decline will not become a reality, and instead hopefully there will be a price increase as soon as possible. The decline in the price of bitcoin will certainly greatly affect the price of altcoin as well.

[lequyen]

SEC reconsiders the passage of the Bitcoin ETF, perhaps the first step for Bitcoin to increase. $ 1500 is not feasible. Then the heart of the whole market may be at the bottom

[febrian1705]

if bitcoin drops to 1500 $ -2000 $ I'm sure bitcoin will rise higher than 2000 $ bitcoin will reach the highest value if it's all right "happens. So I hope all don't panic it's just a trip

[helenmitchell44]

I highly doubt it will drop as low as 1500. But I wouldn't say it will never happen. Anything can happen. As said though I highly doubt it if anything else it will go up at this point. ETF rejections are just slowing it down.

[Godparticles]

I believe Bitcoin will not fall to such a low price. At present, this price has fallen to a bottom. I believe it will not fall again. If Bitcoin falls to $1,500, then I believe most people will be moved to panic.

[feelingfroggy]

No way in hell Bitcoin is going that low.  To many common folk could afford it at those prices and I just don't think that's what the people in charge want.  They are taking this just low enough where they can accumulate by churning.  This is whats happening now. 

[Fishthatgirl3]

No, I dont and I will never believe in such a thing.
The lowest point it can go right now is probably 5k5. 6k is very likely but everything below 5k5 is almost impossible. We have huge buy walls over there if you guys look at the chart.
I never think we will see that low of the price.

[ubay]

I can't believe, $ 5,000 in my opinion makes sense. But you must remain patient in playing in the cryptocurrency world, there are times when you are victorious and there are times when you have to lose. That's a natural thing.