BTC TO 3K$

[vagsun]

BTC will go to 3k$ by DEC 2019, tons of people bail on it on a regular basis.

NOOO!!! Bitcoin will never fall down from $4k. Rather it would increase on a higher scale. According to various experts Btc will surpass $30k in dec 2019. I agree that crypto is highly volatile, but it would not fall to such a extent.
On the other aspect we cannot say that btc can never fall to $3k. Its highly volatile and may leads to be lower down to such an extent. But it seems to be impossible.

[skeletica]

BTC will go to 3k$ by DEC 2019, tons of people bail on it on a regular basis.

Are you a source that can strengthen your statement or just listen and read speculations made by people?.

[CbineUltra]

I hope you made a mistake! All analysts see a rise and you're talking about a $ 3,000 value. It looks like you want to drop the price to buy more coins! Isn't it?

[Idrisu]

BTC will go to 3k$ by DEC 2019, tons of people bail on it on a regular basis.

I may not know the reason why you said bitcoin is going down towards $3,000 by December but I doubt if this is going to happen as December has been the best time when bitcoin makes significant progress during the year.  I have hope that bitcoin should recover and move towards $10,000 by December this year.

[STT]

Way too negative, people selling BTC is totally fine.   The main deal to look at is BTC population of users, if its rising then general usage and to some extent holding of BTC rises across the world.  The rise in price is incidental and most genuine in that movement rather then purely exchange speculation.



Here we are in range, nothing too positive or negative.  When we break this, a better conclusion should be possible

[the1arty]

BTC will go to 3k$ by DEC 2019, tons of people bail on it on a regular basis.

What are your arguments on your statement for that? Why 3k, not 2k or 4k? Do you think we will break through such a strong level as a 5k and why, based on fundamental, technical analysis?
I guess most do expect that level though, based on Elliott Waves, which is working pretty well. However, big guys know that we are watching all of that and reading some books and they may turn the trend way before that critical point. the time will show.
Dec 2019 we will not likely to see 3k, maybe 30k is more real, as miners have their costs also..

[batang_bitcoin]

I hope you made a mistake! All analysts see a rise and you're talking about a $ 3,000 value. It looks like you want to drop the price to buy more coins! Isn't it?

I think he is serious with that negative prediction.

$3,000 is basically low though it's possible if the market plunge more but IMO it won't go back there anymore. We will never see $3,000 again and adoption is just starting. More people are coming in and starting to buy bitcoin so $3,000 is no longer a range that I can see or it can be once we saw it near back there again.

[lienfaye]

It might happen but we cant really tell, there are many things that could happen to affect the value of bitcoin and we dont have concrete basis with our speculation.

Well btc started with very low price thus seeing the price dropped to $3k is not that bad since its a good price to buy back and hold. However with the current situation of the market I think investors wont let the price of btc to plunge with that amount because they will take advantage the bargain value to invest.

[Fetwerivid]

If this is true then it is a matter of great concern. Chances are high that a lot of the people will withdraw their investments and will wait till 2019. At the same time, there are no links provided here. So it will be tough to state the extent to which it is a true and legit news.

[glowing10]

I hope you made a mistake! All analysts see a rise and you're talking about a $ 3,000 value. It looks like you want to drop the price to buy more coins! Isn't it?

Really such story makes everyone laugh when they read that btc to 3k forgetting that upside when it will start it will add many zero to that 3 figure mark. But anyways do not consider such story too seriously because those will be person who would have made losses due to their wrong timing of buying and now regretting it.

[Ridwan Fauzi]

BTC will go to 3k$ by DEC 2019, tons of people bail on it on a regular basis.

It's the same as someone who predicts that bitcoin prices will reach $ 50,000, and I guess it's only natural because everyone has their own way of thinking but what needs to be considered is 'reference' I mean where does it predict that the price of bitcoin will go down? what causes this to happen with confidence? you must have a strong reason to give a statement that the price of bitcoin will rise and fall. And this time for you to give reasons why it will happen as what says 'bail' in your statement.

[fabiorem]

I think we will see 3k in January. Theres always that talk about end of the year profits, where the speculators dump their coins for the holidays. They do it every year.

[Febo]

BTC will go to 3k$ by DEC 2019, tons of people bail on it on a regular basis.

I believe December is a bit late for bottom, but can of course happen. Also $3000 is a bit to low.  October and $4500 would be way better call on my opinion.

[figmentofmyass]

I think we will see 3k in January. Theres always that talk about end of the year profits, where the speculators dump their coins for the holidays. They do it every year.

but if your prediction comes true, there's no end of year profits for holders: we started the year at $17000, and you're talking about ending the year near $3000. i never bought the whole "selling for the holidays" rationale anyway. some years, the holidays are extremely bullish, other years bearish.

if 2018 does end up being $17k --> $3k, then at least we know there shouldn't be much sell pressure from holders paying their taxes. no gains, no taxes.

[Johnyz]

BTC will go to 3k$ by DEC 2019, tons of people bail on it on a regular basis.

I don’t think so, 2019 will be a great year for cryptomarket because this will be adopted by many people and the price will continue to impress us. Bitcoin will hit the top again on 2019, we should go far and continue to improve so 2019 will be great for us.

[yousbabtle]

Most predictions price would really fall down so other's predictions to hit $3k or more. The usual scenario predictions is always spreading. Until such time price hitted it but we don't know what price of btc were heading after all.

This will be the price of one year ago. I mean that the price of bitcoin in August 2017 was about $3000 or little more than that. It means that there is no changes in the price in the last one year, but one thing is possible that more and more people will invest their money in bitcoin because of the so low price. That will be the right time for new investors.

[fabiorem]

but if your prediction comes true, there's no end of year profits for holders: we started the year at $17000, and you're talking about ending the year near $3000. i never bought the whole "selling for the holidays" rationale anyway. some years, the holidays are extremely bullish, other years bearish.

if 2018 does end up being $17k --> $3k, then at least we know there shouldn't be much sell pressure from holders paying their taxes. no gains, no taxes.

Thats true. If they dont sell to pay taxes, it would not drop to 3k.

But every end of year there are these drops. Some say its because Christmas, others say its because taxes.

I hope to be wrong, but I dont see the lows getting higher, its always 6k. I hope these day traders get bored soon, so that we can have a bear trap.

[figmentofmyass]

but if your prediction comes true, there's no end of year profits for holders: we started the year at $17000, and you're talking about ending the year near $3000. i never bought the whole "selling for the holidays" rationale anyway. some years, the holidays are extremely bullish, other years bearish.

if 2018 does end up being $17k --> $3k, then at least we know there shouldn't be much sell pressure from holders paying their taxes. no gains, no taxes.

Thats true. If they dont sell to pay taxes, it would not drop to 3k.

But every end of year there are these drops. Some say its because Christmas, others say its because taxes.

I hope to be wrong, but I dont see the lows getting higher, its always 6k. I hope these day traders get bored soon, so that we can have a bear trap.

i'd say we're at a pretty crucial juncture. now that price is sliding down again, we're threatening to break the series of 2 higher lows on the daily chart. those lows were at $5755 and $5858 (bitfinex prices). i'd love to see $6000 actually hold here so bulls get one more try at a higher high above $7430. that'll definitely trigger a short squeeze and will fundamentally change the daily/weekly price structure.

until a real breakout occurs, i'm just waiting. i have a nagging feeling the direction will be down, and i'll be shorting the market again soon.

[cepot9]

for a very close time too far if predicting it drops to $ 3k, maybe everything can happen but I'm sure bitcoin will still be stable above $ 5k next year

[jeniferqueen0409]

for a very close time too far if predicting it drops to $ 3k, maybe everything can happen but I'm sure bitcoin will still be stable above $ 5k next year

The story of next year is still quite far, the first is the end of this year. I think bitcoin may drop but won't drop to $3k, next year is unspecified, it will depend on price later this year.