Will Bitcoin go lower than 2k?

[okala]

https://www.coindesk.com/when-bitcoins-price-breaks-down-it-follows-a-pattern

Says that BTC might go down less than 2k is this possible and how fast will it go up?

I also saw that the ETF decision was postponed how long time do you guys think it will take for them to conclude a decision?

ETF is the tools governments and sec is using against bitcoin and cryptocurrencies market.  If we can just focus of seeing bitcoin as a mode of payment or money it will do more good than see it as stocks which ETF stand for.
Bitcoin might go down beyond $2,000 considering the state of the market.  I think now should be the right time for us to understand why bitcoin keep going down.  The momentum indicators are are showing more downwards trend and we should just wait if we want to buy at the bottom.

[dupee419]

The year is about to end, I don't think that the price would go lower than 2k, but it has a possibility to go lower thank 3k this year, my hopes are still high and I think that you shouldn't stop as well, the pump is about to happen, if not by late December then it would probably happen next year, lets be patient and be positive.

[Biscutard]

https://www.coindesk.com/when-bitcoins-price-breaks-down-it-follows-a-pattern

Says that BTC might go down less than 2k is this possible and how fast will it go up?

I also saw that the ETF decision was postponed how long time do you guys think it will take for them to conclude a decision?

The possibility might have pull bitcoin price below than what it is now, it is better to accept it already so it won't hurt a little bit later. Just keep hodling your coins to avoid losses during bearish market which is happening now. And about of growing up fast, it is still unknown but we have to get ready with patience just in case.

[aragom]

Many people speculate it that bitcoin will go down to 2k price but I think if that happen it will pump again and it will be back on track again. Let's dint lose our Hope's and be positive that bull run will come soon.

This year too many issues are directly affect the crypto market so many peoples are expect Bitcoin will reach 2k USD in crypto market. But reality this have good potential so keep buying in this dip is a right way and it is the only positive way to improve the Bitcoin value. So 3k is the target for this year but next year it will reach 30k also.

i dont wait that it it will drop down 2000 dollar.
3000 dollar is bottom for me, and chance for buying

[davit putra]

I think bitcoin won't fall at 2k even though the market is very bad this year, 2018 is almost over and will enter 2019 and bitcoin will open a new sheet and be more likely to recover.

[Rana590]

I think it will not be happened. Still a lot of people are joining and investing in bitcoin. Price can up or down but 2k is so low price for bitcoin. It is time for increasing the price. Hopefully within some days, bitcoin will hit a big amount.

[hungafub]

This market is so young, so unregulated, I fail to see any way the future can be predicted. Even the best stock brokers in the world lose, very few ever beat the market, and that is a far more controlled environment. The only real trend that exists in the stock market is that it recovers in the long term, other than that its all just people trying to find patterns where none exist.

[mwaqar17]

No one exactly knows that, will it go down lower than 2000$ or will go up greater than 20K$. If you talk about how much time it will take, then one day is enough for this. Selling event of 15 to 20 billion dollar is enough for this to reach in 2000$ range. Today it's market cap is 65 billion dollar. If we minus 35 billion dollar then it will be in range of 1800$.

[Epimetheus]

I think bitcoin won't fall at 2k even though the market is very bad this year, 2018 is almost over and will enter 2019 and bitcoin will open a new sheet and be more likely to recover.

No one can say what will happen in the coming future and moreover bitcoin's value is very volatile and it depends on a number of factors.How much investment is done in bitcoin determines its price.The forces of demand and supply also play an important role.If bitcoin is being banned in any nation then also it will affect the price.But I do not think that it will go lower than 2k.It has a lot of followers which support it every time as it gives them good profits.

[Oceat]

I think bitcoin won't fall at 2k even though the market is very bad this year, 2018 is almost over and will enter 2019 and bitcoin will open a new sheet and be more likely to recover.

No one can say what will happen in the coming future and moreover bitcoin's value is very volatile and it depends on a number of factors.How much investment is done in bitcoin determines its price.The forces of demand and supply also play an important role.If bitcoin is being banned in any nation then also it will affect the price.But I do not think that it will go lower than 2k.It has a lot of followers which support it every time as it gives them good profits.

But look at the price now, it hasn't move down yet. So, that means it has a higher chance that the price will go up or stay at this rate. Anyway, let's not rush the bull market to come since there are most important ones that would have to start first. And yet, ETF hasn't been accepted yet by SEC. I wonder what would happen to the market if ETF gets approval.

[dandannn]

I can see it dipping under $2k even if it’s a flash crash. Two things concerning at the moment which could cause this:

- bakkt gets delayed
- global economy takes a sharp downturn

[joshv06]

I think bitcoin won't fall at 2k even though the market is very bad this year, 2018 is almost over and will enter 2019 and bitcoin will open a new sheet and be more likely to recover.

No one can say what will happen in the coming future and moreover bitcoin's value is very volatile and it depends on a number of factors.How much investment is done in bitcoin determines its price.The forces of demand and supply also play an important role.If bitcoin is being banned in any nation then also it will affect the price.But I do not think that it will go lower than 2k.It has a lot of followers which support it every time as it gives them good profits.

But look at the price now, it hasn't move down yet. So, that means it has a higher chance that the price will go up or stay at this rate. Anyway, let's not rush the bull market to come since there are most important ones that would have to start first. And yet, ETF hasn't been accepted yet by SEC. I wonder what would happen to the market if ETF gets approval.

I don't think because the price of BTC in the market is above $3800 and it went upto $4200 last week this shows the positive affect on the value. So it is difficult for BTC to go lower than $2000. BTC has dominance of 52% over all the coins hence hoping for the best to come again for BTC.

[OrangeII]

I can see it dipping under $2k even if it’s a flash crash. Two things concerning at the moment which could cause this:

- bakkt gets delayed
- global economy takes a sharp downturn

hope that doesn't happen for now. well even though it is possible, I am sure the developers of cryptocurrency especially bitcoin will not let this happen. well, but I'm sure, there will be a price increase in early 2019.

[Pumapipa]

Bitcoin had been very well known in the world of cryptocurrency for quite some time now. It will be impossible for bitcoin to be trampled to the level of $2000. Its reputation had been built for so long that even though there had been a high level of volatility and lesser growth this year, people still chose to transact with bitcoin. so there is no need to be considering it at level $2000. Stay calm guys.

[Omega Weapon]

The year is about to end, I don't think that the price would go lower than 2k, but it has a possibility to go lower thank 3k this year, my hopes are still high and I think that you shouldn't stop as well, the pump is about to happen, if not by late December then it would probably happen next year, lets be patient and be positive.

People are probably getting tired of being told to be positive, they have been positive for more than a year and nothing has happened so in my opinion they have the right to be negative once in a while, if they think the price is going to go down then let them believe that even if we believe that they are mistaken, that way once that bitcoin shows them wrong they will have a reason to change their mind.

[South Park]

https://www.coindesk.com/when-bitcoins-price-breaks-down-it-follows-a-pattern

Says that BTC might go down less than 2k is this possible and how fast will it go up?

I also saw that the ETF decision was postponed how long time do you guys think it will take for them to conclude a decision?

Suppose that happens, what you are going to do about it? At that point it will be a terrible idea to sell your coins because it will be unlikely that you bought them for a price cheaper than that unless you have been in the market for years, so there are only two options that could bring you profits in the future, one of those is to hold your coins, the other option that you can take is to buy bitcoin at that cheap price so you can get huge benefits when the market skyrockets.

[AjithBtc]

Bitcoin going lower to $2k could happen, but by this time what we're experiencing seems to be a stabilization as the price has grown all of the sudden and staggering between the $3700-$4000 range for a longer time period. According to experts price is marked to reach to the maximum of $1500 downtrend if market isn't that supportive. Now markets were more stronger than the previous weeks.

[Slow death]

Surely it will be going lower than 2000$.

if this happens, I'll rush to buy many bitcoins and hold on for the next few years, it would be something like my retirement

When BTC was at 20k my thoughts was that we will never see 5k-4k-3k range ever again

I remember that when the price was $ 17000 I told my friend that the price would not fall below $10,000, I was making fun of the times that the price was  $4000 and today we are below  $4000

At this moment big whales are taking advantage of downfall...

But if this were true, would not it make more sense for the price to rise?

[hungafub]

This is crypto, everyone doing TA is shouting from the rooftops about this signal, I can almost feel the disappointment on its way.

This is a heavily manipulated market at this point, low volume, a few whales could easily paint this signal on the chart for their own gain.

[BountyGo]

Really hope BTC dumps to 2k cus that's where it belongs at the present time. It will probably happen within a week or two due to Chinese new year celebration just as last year's dump pulled the trigger to ppl panicking.