Why BTC to Under 1K$ soon

[South Park]

Since lot of people are in Panic they will start to sell their BTC with loss , Market will be red more than ever before,
So this is how It work:When BTC 2.9K$ Panic will be started, Downtrend will be slowly started too. Price will be dropped to 2.5K$ - 2K$ than Next wave of Panic will be started and price will be fallen to 1K$ and it will stable at 800$.

That already happened, the reason the price is not going down that much anymore is because the people that remain are those which do not panic easily, so if someone tries to manipulate the price of bitcoin to make people panic that person will be the one to lose his money since everyone will take the opportunity to get bitcoin for a low price, so if you are expecting the price to go any lower I think you will be disappointed.

[Taki]

Even if bitcoin will fall under 1000$ there stay a big possibility of future fast and huge growth such as we used to see in 2017. I do not know what number is going to be the dippest dip for bitcoin after which it will start to climb constantly. Bitcoin died for many times already and this is not the last one for sure.

[mirakal]

Even if bitcoin will fall under 1000$ there stay a big possibility of future fast and huge growth such as we used to see in 2017. I do not know what number is going to be the dippest dip for bitcoin after which it will start to climb constantly. Bitcoin died for many times already and this is not the last one for sure.

It happened in the past, bitcoin was many times declared as dead but it was able to rise as much as $20,000, that is not a miracle, it's just people are trusting bitcoin but they get FOMO but the pump. Nobody knows when the same scenario will happen again but $20,000 will be reach at the right time and not exact time but as long as we hold, we always have this chance like those who are successful because they hold from the early stage.

[EdenHazard]

Since lot of people are in Panic they will start to sell their BTC with loss , Market will be red more than ever before,
So this is how It work:When BTC 2.9K$ Panic will be started, Downtrend will be slowly started too. Price will be dropped to 2.5K$ - 2K$ than Next wave of Panic will be started and price will be fallen to 1K$ and it will stable at 800$.

It can happen, we only hope bakkt and SEC, but the two agencies have not given any explanation until now. When one of them decides not to adopt bitcoin or postpones again maybe the prediction you made will come about.

When you make a prediction of price reduction, you are also required to make predictions of price increases. Can you imagine when both agencies accept bitcoin then how many numbers will you give to your prediction? 20k or 50k? I am sure it will really happen.

[gabbie2010]

Since lot of people are in Panic they will start to sell their BTC with loss , Market will be red more than ever before,
So this is how It work:When BTC 2.9K$ Panic will be started, Downtrend will be slowly started too. Price will be dropped to 2.5K$ - 2K$ than Next wave of Panic will be started and price will be fallen to 1K$ and it will stable at 800$.

I much belief that this is your personal analysis which is subject to nonconforming to reality, bitcoin is not easily predictable, within a twinkle of an eye the price can skyrocket to $6K while its becoming very hard for the price to break the strong resistance at $3K6 hence there is no likelihood that the price will go below $1K as you had predicted.

[Bitcoinwaist]

Since lot of people are in Panic they will start to sell their BTC with loss , Market will be red more than ever before,
So this is how It work:When BTC 2.9K$ Panic will be started, Downtrend will be slowly started too. Price will be dropped to 2.5K$ - 2K$ than Next wave of Panic will be started and price will be fallen to 1K$ and it will stable at 800$.

anything is possible. tbh it wouldnt surprise me if the price gets cut in half by the whales to lock in another slew of bag holders who have been accumulating in the $3k range, just like they did when everyone thought the bottom was $6k, people felt comfortable for quite a while then the bottom dropped out. imo though I want to think the bottom was $3k 

[Slow death]

Since lot of people are in Panic they will start to sell their BTC with loss , Market will be red more than ever before,
So this is how It work:When BTC 2.9K$ Panic will be started, Downtrend will be slowly started too. Price will be dropped to 2.5K$ - 2K$ than Next wave of Panic will be started and price will be fallen to 1K$ and it will stable at 800$.

unfortunately I must agree with you, the price fell a lot and we are in a very problematic zone, if drop below to  $3000, then the panic will be installed and we will see lower prices... and it is unbelievable that one day we reached  $20,000. this crypto world is a very risky investment

anything is possible. tbh it wouldnt surprise me if the price gets cut in half by the whales to lock in another slew of bag holders who have been accumulating in the $3k range, just like they did when everyone thought the bottom was $6k, people felt comfortable for quite a while then the bottom dropped out. imo though I want to think the bottom was $3k 

you're blaming the whales, I believe that this fall of price is due to lack of demand

[El duderino_]

Since lot of people are in Panic they will start to sell their BTC with loss , Market will be red more than ever before,
So this is how It work:When BTC 2.9K$ Panic will be started, Downtrend will be slowly started too. Price will be dropped to 2.5K$ - 2K$ than Next wave of Panic will be started and price will be fallen to 1K$ and it will stable at 800$.

My assumption would rather be coiners, NEW coiners, older coiners, even no coiners that are turning around Will be seeing this as a chance of a lifetime..... that something as great as BTC is @these cheap prices, and Will start accumulating where and when they can
As I know people are doing.......
User count increase over time, price and use of BTC Will follow

N00bs as yourself Will be left in the dust

[Stedsm]

Since lot of people are in Panic they will start to sell their BTC with loss , Market will be red more than ever before,
So this is how It work:When BTC 2.9K$ Panic will be started, Downtrend will be slowly started too. Price will be dropped to 2.5K$ - 2K$ than Next wave of Panic will be started and price will be fallen to 1K$ and it will stable at 800$.

Well, what are you putting your expectations based upon?
I don't really see BTC ending up there (at least not less than $1500 if it ever goes least), but I too have a bottom assumed in my mind for this year and it's not lower than $2950. We've got many good things like Bakkt and ETFs (yeah I know that I don't support regulations, but still, it'll bring in fresh money which will have the power to drive the markets crazy once again and the accumulation had already been done) and many countries are also in preparations of a new framework for crypto space to regulate as well as tax them (in other words, legalize crypto world). Even there's a news that BTC has now become a way of digiwar between Russia and US, and both of them are trying to gain as much BTC as possible to get a hold on the biggest share they may accumulate. There's one great news I'd like to share: https://dailyhodl.com/2019/01/18/crypto-hits-the-mainstream-shoppers-can-now-buy-bitcoin-at-us-supermarkets/

You still think it'll drop down that hard?

[superstarbtc]

Btc has downtrend but does nt go under 1000thousand  they are levels to touch under 2000 thousand dollars and 1500 dollars so crossing all these three levels anytime btc may bounce back

[eroejoe]

Didn't we handle panic selling multiple times already on our way down to 3,500$? This market right now has reached to the point where it has been built by panic and only left us with people who do really care about the future of crypto and they were battle hardened by the drops we have experienced by now. The weak hands had left us a long time ago and I don't think that their position is somewhat considerable that they can influence the market to where it will lead next. You didn't even had time to explain where you have gotten the numbers you are predicting so you are really not convincing anyone with the bullshit you have written.

I agree with you. I think that cryptocurrency market is very near bottom. Price could go lower from now, because we do not see true capitulation yet, but I think that there is more room to the top than to the bottom, so it is probably good time to start buying. Place orders.

[adzino]

Since lot of people are in Panic they will start to sell their BTC with loss , Market will be red more than ever before,
So this is how It work:When BTC 2.9K$ Panic will be started, Downtrend will be slowly started too. Price will be dropped to 2.5K$ - 2K$ than Next wave of Panic will be started and price will be fallen to 1K$ and it will stable at 800$.

You are just analyzing the one side of the people who will be panicking when the price drops further. What about the other people who will take this price drop as an opportunity? They will consider this drop has an off from the real value will store in as much as possible to make the maximum profit. The price drop will also allow new investors to enter the market which will in turn counter the price drop.

[dodgrad]

Since lot of people are in Panic they will start to sell their BTC with loss , Market will be red more than ever before,
So this is how It work:When BTC 2.9K$ Panic will be started, Downtrend will be slowly started too. Price will be dropped to 2.5K$ - 2K$ than Next wave of Panic will be started and price will be fallen to 1K$ and it will stable at 800$.

After every bear market, the price of Bitcoin finds the bottom at a higher level than before and stays on it for some time. If the price of Bitcoin falls below $3000 (which is unlikely at this point, but still possible), I'm sure it will not fall below $2000.  I want to say that I do not expect panic sell any more.

[Adriano2010]

You can't even predict any price, this is just your speculation and maybe you think some will start panic sell so you can buy more cheap bitcoin and hold for long or at least until the price will bitcoin will grow so you can make a good profit.

[Rapidgator]

What ever is influencing your prediction is completely wrong the movement of the price of bitcoin is had to predict.

I don't think bitcoin will go low that $3000 before it begins to rise again

Probably he has got some bad motivations about that exact price prediction and we can't help him.
Idea for the creator of this topic: Always look to bigger perspective before sharing your price prediction.

[Dreamchaser21]

You can't even predict any price, this is just your speculation and maybe you think some will start panic sell so you can buy more cheap bitcoin and hold for long or at least until the price will bitcoin will grow so you can make a good profit.

I assume more people are already knowledgeable about the market and I think its not easy to believe on this since the market are strong enough to hold on the support level of $3k. Let’s hope for more good price, and don’t create panic to people by giving this kind of lower predictions.

[STT]

I'm happy to read about ultra bearish predictions because that makes the price more justified then people just hoping.    I dont see its especially justified to be negative right now, my view of the price is that its bouncing in a range

I'm not moved to call BTC negative or positive at the moment till it breaks out of that box.   On the 8 day average (Blue line), I will say its proceeding in a positive phase right now:



So roughly I want it above 3670 to taking it positively for now.    If looking to be bearish you should want it to fail there and then can move to longer time frames to outline its progress from there

[bitcoin31]

You can't even predict any price, this is just your speculation and maybe you think some will start panic sell so you can buy more cheap bitcoin and hold for long or at least until the price will bitcoin will grow so you can make a good profit.

Panic maybe can really cause for you to buy more cheap bitcoin. Not all the time panic is bad it's give for us who are willing to buy bitcoin to get what price we want to purchase. That is right you can't predict the future price of the bitcoin but because of the prediction people are getting an Idea that is possible to happen so that's why they will buy also a bitcoin.

[Caladonian]

You can't even predict any price, this is just your speculation and maybe you think some will start panic sell so you can buy more cheap bitcoin and hold for long or at least until the price will bitcoin will grow so you can make a good profit.

I assume more people are already knowledgeable about the market and I think its not easy to believe on this since the market are strong enough to hold on the support level of $3k. Let’s hope for more good price, and don’t create panic to people by giving this kind of lower predictions.

Hope and stay positive that things will bounce back any time, many speculations regarding to possible dip and what would be the next value of bitcoin, but mostly the trend go against it, so if you are speculating that the price will go to that position then better to make your entry and wait till things happen to your assessment, we do have our own understanding and we already witness things that possibly to happen so staying in our grounds will keep our investment safe.

[aris av]

But not everyone will panic as you mentioned, there are still many people who like bitcoin and will buy when the decline occurs, and I think a price drop of 1k will never happen.