Will Bitcoin go lower than 2k?

[aris av]

Decreasing bitcoin at a price of 2k and even lower than 2k can happen because the value of bitcoin is not stable. But even though it falls low, but Bitcoin also has the hope of getting up and jumping, there's no need to panic, keep holding and keep calm.

[Bitcoinwaist]

we are at the mercy of the whales guys. they call the shots, always have and always will. all the exchanges are all just as corrupt for letting this behavior continue.

Bullshit, this is not whale manipulation. This is simply more supply than demand, that is all. People are free to dump their coins on the market at will and that's exactly what's happening.

you are very naive if you think that bitcoin price is purely determined by supply and demand especially in bitcoin or crypto. the miniscule amounts of bitcoin that the general public buys are or sells means absolutely NOTHING. your buy/sale of 1 or 10 or 50 bitcoins means nothing when you are talking about whales with 10's of thousands of coins at their disposal. if they have an agenda to dump the price or pump your buy/sale isnt going to get in their way. another way to look at it is on bitstamp for example, the total amount of coins on that exchange at any given time could be 20k coins trading back and forth between bots. there is a FINITE number of coins on each market. well if a whale owns 50% of those coins guess what? he determines where the price goes and the others who have 10 coins or 50 coins ride their coattails.
We are at a poker table and the whales have all the chips. They determine the price. Just like wall street, the institutions make the price. it has to look fair or come across as fair or no one would play.

[KorakPawon]

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?

It might be, but the probability is low, bitcoin can overcome the bad situation and it won't touch that rate of price as long as the supply and demand still working. So, it means that people still have to believe and hold, or at least make a move on their coins in order to keep the system of crypto existence stable, along with the price, the market, the supply or demand.

[BartS]

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?

With the huge volatility in the market no movement can be discarded but it seems that for the time being the price of bitcoin will remain above 3000, we will need to see another sell off but this is getting harder as the weak hands and those that panic easily have left the market already and most of those that remain are people like us that are going to hold our coins no matter what and that are not interested to sell in the short term and lose our money that way.

[hahay]

It seems very likely that there are even predictions that say the price of bitcoin will be $1.2k nobody will know, so ahead of Christmas and New Year there will be massive sales that will make bitcoin prices continue to decline, there is no sign of increasing this year can only expect big changes towards a more positive next year.

[bitcoin31]

It is not good to see lower 2k dollars. Better this time the price to become stable which us more than 3000 dollars and not to decrease anymore. But incase the price decrease very low better to us if we buy more.

[jadenunderhill]

It seems very likely that there are even predictions that say the price of bitcoin will be $1.2k nobody will know, so ahead of Christmas and New Year there will be massive sales that will make bitcoin prices continue to decline, there is no sign of increasing this year can only expect big changes towards a more positive next year.

I think that NY or Christmas will not influence BTC price. Everybody (I mean individuals) who wanted to sell already did it or are doing it right now. Now some institutional players are capitulating. So it not depends on holidays. This sell off will continue for a week. But yes, price will go lower. 2 800 is my prediction to the December 31.

[Coin-1]

Old crypto investors are out of the game most of them are already millionaire..

New crypto investors who jumped in after the summer 2017 are locked with there money in coins.

If they have no more money to buy and can't create a new mass of buyers then the price will go down more than $2000 for sure.

There is much money needed to pump the price up.

It seems that these old crypto investors have exchanged BTC coins which were bought for a cheap price a years ago into alternative coins in order to conveniently sell crypto assets for fiat currencies.

Perhaps old crypto currency holders invest in some ICO campaigns with the purpose to cash out their tokens purchased for BTC coins mined long ago.

Much money is out of crypto.. More then $700 billion dollar is taken by old crypto investors. These guys will not look back they are enjoying there life.

Do not take into account the total capitalization of crypto currencies that is shown on the website CoinMarketCap. The volume of sold coins is much less than 700 billion USD.

I do not want Bitcoin to go lower than $2000, but it is possible.

[pabpete]

As a rule, at the end of every year we observe increases in cryptocurrency prices, but not many things is repeated in this market. I hope that the price of Bitcoin will never fall below $ 2,000, but unfortunately the information from the world is not good. I keep my fingers crossed so that the price does not drop anymore.

[Dr.Osh]

As a rule, at the end of every year we observe increases in cryptocurrency prices, but not many things is repeated in this market. I hope that the price of Bitcoin will never fall below $ 2,000, but unfortunately the information from the world is not good. I keep my fingers crossed so that the price does not drop anymore.

I also have the same hope. well, but the current price is really close to that price. even though we still think positively, we must really prepare for this. well, it can be said that the decline in prices hasn't ended.

[gabmen]

As a rule, at the end of every year we observe increases in cryptocurrency prices, but not many things is repeated in this market. I hope that the price of Bitcoin will never fall below $ 2,000, but unfortunately the information from the world is not good. I keep my fingers crossed so that the price does not drop anymore.

Unfortunately we can only hope. The price is still dropping though and we've come close to 3k today. That's more than half the value a month ago when btc was steadily hovering around 6.5k. It's going to be a big problem for short term traders if it does go below 2k

[rickadone]

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?

It would be really difficult to reach there but at this point I wouldn't be shocked with any price. We didn't believe bitcoin would drop anything below 5.8 thousand dollars neither but here we are at 3 thousand dollars or so and people are afraid of another drop in the price, hence I doubt it would be a shock to anyone if the price went down under 2 thousand dollars.

I don't think it will drop there, I believe it will go above these prices eventually but just because I think price will go higher doesn't mean it won't go lower first. If it goes lower than there is really nothing stopping it going under 2 thousand neither, no difference than going under 3 thousand which it looks so close. It all depends on a big huge sell off by someone who owns a lot of bitcoins.

[exstasie]

As a rule, at the end of every year we observe increases in cryptocurrency prices, but not many things is repeated in this market. I hope that the price of Bitcoin will never fall below $ 2,000, but unfortunately the information from the world is not good. I keep my fingers crossed so that the price does not drop anymore.

That's not a rule. The market has seen some bearish Decembers, like 2013 and 2014. That might be relevant here, considering how much the current chart looks like late 2014.

I've got mixed feelings here. On one hand, sentiment (including my own) is really bearish and we're hovering above major technical support. On the other hand, sometimes BTC just bleeds until capitulation.

[basty03]

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.

[btc_angela]

We've almost touch <$3K, but the good thing is that we have strong support at $3K levels that's why the price didn't move further down because it will be really a disaster for everyone an we could even see the price go lower than $2K. But for now, it looks like the bears are really exhausted with all of their dumping. So let's just hope that we could at least see the price above $3K at the end of the year and be optimistic in 2019 and hope that we can finally see the a new bullish cycle.

[Siren]

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?

Would you mind telling us what concerns you about the price of bitcoin to go deep fall below $2k?are you going to buy another volume?or just being curious for nothing?if does i am gonna tell that this is not helping

I don’t care if bitcoin falls to $100 because i know that this will recover in the future,though it may take long but i am sure it will happen

[btc78]

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 will never come to reality so stop looking for this as a truthful thing because you will only feel bitter for this is a misleading issue,governments wont let cryptocurrency be legalized worldwide for their own reasons

But regarding to the $2k bitcoin value?I believe that this will happen next year if this bear continues to cover the market but if does,then thats the bottoming and growth will follow

[Soots]

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?

Would you mind telling us what concerns you about the price of bitcoin to go deep fall below $2k?are you going to buy another volume?or just being curious for nothing?if does i am gonna tell that this is not helping

I don’t care if bitcoin falls to $100 because i know that this will recover in the future,though it may take long but i am sure it will happen

It's too early to have a final say, market seems to be always moving unpredictably, and so it's not that easy to conclude ahead of time as to what may happen with its price in the long run. That figure can be possible or not, but I think what's important here is that we know the real deal, its nature and functionalities, on how valuable and profitable Bitcoin is. We have to realize and be aware that no matter how seems to have a wild swing of the market, it still can potentially recover. Stay positive, be patient, and keep hope high and strong.

[carlisle1]

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?

I am afraid not,because the bottom will be 3k$ or less but not below $2k ,and ETF is one of the things that might save the market from this desperate situation,though its been taking long before the sec made a decision about the ETF so people might move on and do other things than waiting for this kind of impossible to happen

[liuqi]

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.