BTC TO 3K$

[YinShuiSiYuan]

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

This would be a very unfavorable situation for the entire market. And especially for altcoins, whose value would have dropped to very low levels. It would be a symptom of a very big crisis and a loss of confidence in the crypto market.

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[gabmen]

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

This would be a very unfavorable situation for the entire market. And especially for altcoins, whose value would have dropped to very low levels. It would be a symptom of a very big crisis and a loss of confidence in the crypto market.

Unfavorable though very unlikely. As unlkely as the price hitting 20k. A lot of people would be all too eager to buy when the price goes below 6k the same way people are shorting when the price spikes up.

[exstasie]

Unfavorable though very unlikely. As unlkely as the price hitting 20k. A lot of people would be all too eager to buy when the price goes below 6k the same way people are shorting when the price spikes up.

I'm with you on the overall idea.....price probably won't go as high as bulls think, nor as low as bears think. Markets like to disappoint as many people as possible. That's a good overall truism about market psychology.

But I disagree with this idea that bulls are "eager to buy" on lower lows. Bulls have been buying this $6,000 area for many months now. I've seen many ranges break in both directions in this market. If bears force a new low and bulls don't immediately retake the lost ground, it could be a sign that demand at these levels is exhausted. All I know is the sideways will break when demand is gone (and we drop) or supply is gone (and we rise). Then I can start trading BTCUSD again.

[therhslv]

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

Then where is the problem to short it Alot of people screaming its a scam and so on . They have a really chance to get rich if they think crypto will die and btc will go bellow lets say 4-3k . Why people who dont believe in crypto and so on just dont short it lol ?

[the1arty]

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

The next buying position could be around $5700, support level at $5500, if we are going below that, than likely we can go to $4800-5200

I doubt that we will see $3k, based on what? The lowest I can assume is slightly lower than $5k...

[BigBos]

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

Then where is the problem to short it Alot of people screaming its a scam and so on . They have a really chance to get rich if they think crypto will die and btc will go bellow lets say 4-3k . Why people who dont believe in crypto and so on just dont short it lol ?

well, is this some other FUD? well, if you don't believe in the potential of bitcoin, then that's normal. well, for me, every year will be a new hope for bitcoin, and maybe 2019 will make many developers make cryptocurrency great again.

[Getcoinsite]

If this is true then I will withdraw whatever investements I am planning to do and wait for 2019. What are your big evidences that bitcoin run will begin in 2019 ? Based on what? Charts ? History ? If we take the history then yes, 2018 and 2019 are bear markets years but this doesn't mean that history must repet again.

Another stupid people that believed in OPs hearsay reporting if you are going to withdraw investing in bitcoin then better leave crypto community also and never come back because we dont need weak and fool cryptonians
Yes botcoin will continue to stay in this value but this will never drown to $3,000 again and i am confident about that so stop fooling around and just dl your homeworks for your own good

[k1ng0fBTC]

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.

How did you predict that? From where you collect data, what is the proof of your prediction? In my opinion it will never happen rather till the end of 2019 the price may high than $30000. I also think that the next year will be good for bitcoin. I am saying this more and more people get awareness with the passage of time and they may put their money in the coming days.

[chulos]

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

In terms of technical analysis and graphs, the fall below $ 6,000 is more than possible. But i do not add to your predictions. Personally, i think the bitcoin will not drop as deep as $ 3000. Finally, i would like to add that such a catastrophic scenario is very unlikely and i would not take it too seriously. I personally think that by the end of 2019 we will be on the new All Time High.

[barota]

3000 usd per 1 btc difficult to happen
because bitmain support this price 6000 strongly
Because bitmain says trading under 6000 does not benefit Mining

[Dikarama7]

That's a good price to buy, but I think it's difficult. the price of 3k is a low price for bitcoin, and it is very unlikely for investors to sell bitcoin at low prices, and they prefer to hold bitcoin and wait for better prices.

[drachman]

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

A lot of people will see that prediction and think if that were to happen they will probably sell their coins thinking that the market is going to crash all the way to zero, but they do not understand that is the perfect moment to buy, if I saw that price I will buy all the bitcoin that I could afford because when the price skyrockets again you could easily make five times your investment.

[wildey]

3000 usd per 1 btc difficult to happen
because bitmain support this price 6000 strongly
Because bitmain says trading under 6000 does not benefit Mining

even though we all think that it's difficult, but staying alert in this situation is a good thing to do. Well, I can't calm down when I see the price of bitcoin is below the price of $ 10000. well, hopefully this year the price of bitcoin will rise again and become higher, and far from the price of $ 3000.

[serjent05]

If this is true then I will withdraw whatever investements I am planning to do and wait for 2019. What are your big evidences that bitcoin run will begin in 2019 ? Based on what? Charts ? History ? If we take the history then yes, 2018 and 2019 are bear markets years but this doesn't mean that history must repet again.

Another stupid people that believed in OPs hearsay reporting if you are going to withdraw investing in bitcoin then better leave crypto community also and never come back because we dont need weak and fool cryptonians
Yes botcoin will continue to stay in this value but this will never drown to $3,000 again and i am confident about that so stop fooling around and just dl your homeworks for your own good

Well, this (OP's statement) maybe FUD, or some baseless statement but it is the right of the coin holder to decide which action he will take.

I believe that the Bitcoin market is always volatile so we really do not know what will be the price on the next two months.  With regards to price chart reading, there is always 2 way of interpreting it, so it all comes out that the intepretation of candle stick is somehow a guess. 

Though, I do not think that Bitcoin will go back to  $3k on december because there are still lots of people getting in the wagon since the current price is way too low compared to the price last year.  Some may bail out but lots are happy to buy BTC at "discounted price".  But let's see what will happen on Dec.  It is too early to tell you know.

[BitcoinNewbie15]

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

This would be a very unfavorable situation for the entire market. And especially for altcoins, whose value would have dropped to very low levels. It would be a symptom of a very big crisis and a loss of confidence in the crypto market.

It won't drop to these prices. These FUD threads are some of the most bullish signs in this forum. These type of FUD threads were all over this forum back during the 2014 and 2015 bear market. Kwuckduck and Falllling were making these type of bearish threads all the time back then. The price was at it's bottom and was around $200 - $300. They missed out hugely, and usually these threads point to the bottom being near. The reversal will probably be happening soon. We will never see $3k again, and if you try to wait for these prices you will miss out. Take these bear threads with a grain of salt, and just know that they point to a bullish outlook.

[KingdomHearts]

I think it will not happen because if this happen then this market will be collapse. I believe still now bitcoin is the best project. So don't afraid to invest on this project.

No, the value of Bitcoin has risen up today which is a very good news as we know that yesterday it was moving around 6225 US dollar price and today it is 6494 US dollar which is a good increase and I hope that it continue to maintain its increase trend. The price will not fall as mentioned in this statement as we know that its lowest price in this year was in between 5700 US dollar to 6000 US dollar.

[Semaj123]

Very likely to be possible, nothing can control its value and we must admit this kind of fluctuation. But the good thing is that it stuck at $6k for over a few months. We must be positive whenever it encounters some problems and have a strong feeling about the progress of this technology.

[dutchlincoln]

Bla...
Bla...
Bla
bla
FUD
bla
FUD
bla
bla
fud...
BLA..
BLAAAA...
more FUD..

bla.

[aencarnaci]

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.

From my experience in the general market, and not just cryptocurrency, you should never say something is impossible. It is a market, and no one can foresee what would happen in the future. $3k is a possibility if the bears decide to take their next course on the market, but that should not be a problem for anyone who has been looking for a good price to go long in the market. As far as I am concerned, the lower the price, the better it is for the long term gains since the future is great.

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

Apparently, he is just trying to tell you what he thinks and it does not need to have a source that can back anything as long as no one can know exactly how things would pan out. Market will always be one step ahead and you do not need to start worrying yourself what would be happening next. It is what it is and there is nothing anyone can do about it. It could happen, as there is still room for drop in price as much as there is room for growth, but time will tell.

[dowellness]

i think its quite simple and safe to say that 3k is just impossible, as mining 1btc cost more than that. At worst, people stop their equipment temporarily, and diff goes down, making it more profitable again, thus prices go up again, making people turn it on again.
Also, there is simply too much money related to btc to go that low. Think about jobs, space rent, builders, constructors, computer equipment, mining andchip fabrication etc. Its a whole industry... It doesn't just collapse. No where near possible...

If the mining cost is more than $3000, nobody will mine bitcoin because nobody will bear deficit after hardships and spending their time in mining. When there is no mining, there will be no supply of bitcoin in the market and the price will go up automatically. Then the miners will start their work. If all the people lose their money and waste their time then cryptocurrency would be no value.