BTC To Under 100$

[pealr12]

I dont think bitcoin will drop its price again below 100$ ,  cause every year bitcoin is evolving more and more merchnats are accepting it other country  they regulated bitcoin and one country make it as a commodity.

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[STT]

Looking directly at the price right now, it appears to be negative but its also seems to be trying to combat the 50 day moving average if we move to a higher time frame.    
So the sharp move up and back down is confusing but I think also it could be more obvious in a positive trend if it can rise about 3700 and confirm this level before continuing higher.

Its not certain what it will do but I'd count that as pretty positive short term, its potential to beat the recent negatives


Daily bars


15m bars

I'll draw a line in the sand, I want it to close higher then 3589 in next four hours

[gabmen]

I dont think bitcoin will drop its price again below 100$ ,  cause every year bitcoin is evolving more and more merchnats are accepting it other country  they regulated bitcoin and one country make it as a commodity.

Yeah we're already years beyond those sub 1k levels and though it's still possible, it's highly unlikely anymore. And i don't it's logical to think that it can go that low at this point in time. Even now it seems btc is gaining a little  momentum.

[yonjitsu]

Anything can happen that can be depicted being the worst of the worst but i just hope bitcoin will have a good year this time so my crypto holdings will also have the chance of having a good value again. It may look so awful to watch my digital assets' value to go down but im still holding on and continue believing.

[sijonru]

I dont think bitcoin will drop its price again below 100$ ,  cause every year bitcoin is evolving more and more merchnats are accepting it other country  they regulated bitcoin and one country make it as a commodity.

Bitcoin fell to below USD 100, I don't think it's possible, because bitcoin is the most prominent digital currency at the moment. You can imagine if the bitcoin is worth more than USD 100, of course the altcoin is increasingly worthless.
If it were the worst possible bitcoin price my prediction would remain in USD 1,000, because as a digital currency of course its use would still be needed because of peer to peer so that people who want to avoid transactions through banks would switch to bitcoin, and this happens all over the world.

[mirakal]

Anything can happen that can be depicted being the worst of the worst but i just hope bitcoin will have a good year this time so my crypto holdings will also have the chance of having a good value again. It may look so awful to watch my digital assets' value to go down but im still holding on and continue believing.

That's one of the worst thing that will happen to BTC.

It might be the end of crypto if things will push that way, it's not bitcoin only that will be affected but all the altcoins, there will be no exception in case worst things happen. I don't want to see that and I don't wish it will happen, bitcoin has increase many folds, and price now is not due to collapse which has a bad implication, it's a correction that is due for recovery.

[aris av]

No matter how bad the market conditions will not make the bitcoin price under $100, and if you consider it the right price to invest, then you will never get it.

[LUCKMCFLY]

Although this scenario is possible, it is not feasible for speculators and investors, since they would totally eliminate all the castles in the air of people, as Malkiel Burton's book says. Honestly, I do not think we will reach those price levels, I think the most that can fall for now is a maximum of 2800 USD, I do not think it will go down any more, however, the last movements have been a test, to see how There is the offer.

I get this analysis, following the philosophy of Wyckoff, which deals with bid tests in certain areas, to see how much volume could have increased or decreased the action, in this case bitcoin or altcoin.

[marcous]

And that won't happen because it's getting closer to Halving day, can you see that the price has now reached 4k USD. hopefully, this will be a good move for bitcoin at least to 10k USD. Don't panic, mate! rumours and storms will pass soon I guess. Speculation will raise various issues but in fact, more and more people are investing in Bitcoin or cryptocurrency.

[jhongzjhong]

And that won't happen because it's getting closer to Halving day, can you see that the price has now reached 4k USD. hopefully, this will be a good move for bitcoin at least to 10k USD. Don't panic, mate! rumours and storms will pass soon I guess. Speculation will raise various issues but in fact, more and more people are investing in Bitcoin or cryptocurrency.

I also believed that halving day is coming because as of now bitcoin price was having a small spike but it is continuously. I think we've done on the bottom price and it will not come back again. So, hopefully, the price will continue rising up and have more mass adoption in order to sustain market growth. Speculations will only speculation, let's patiently wait until when the bullish market back.

[KingScorpio]

Its too much, and remember the whales who hold so much bitcoin that they will not let this market to go down on that level. This is not good for me because whales can now have more power to control the market because of a cheaper price. Newbies should deal with the price of $3k and don’t wait for any dump because its not gonna happen.

the joke is that without whales bitcoin looks just like a coin of a bunch of poor losers.

[deisik]

Its too much, and remember the whales who hold so much bitcoin that they will not let this market to go down on that level. This is not good for me because whales can now have more power to control the market because of a cheaper price. Newbies should deal with the price of $3k and don’t wait for any dump because its not gonna happen.

the joke is that without whales bitcoin looks just like a coin of a bunch of poor losers

Do you really think it is different with other assets?

If you look at any tradable asset out there (for example, gold or crude oil), the prices of it are heavily influenced (read, manipulated) by big guns (you can safely call them whales). With crude oil, it is the big net buyers like China or the US playing against a few major crude oil producers like Russia and Saudi Arabia. So if we rephrase your thought, we can say that in the absence of crude oil tycoons the crude oil market looks like a bunch of hapless losers

[darewaller]

I dont think bitcoin will drop its price again below 100$ ,  cause every year bitcoin is evolving more and more merchnats are accepting it other country  they regulated bitcoin and one country make it as a commodity.

Bitcoin fell to below USD 100, I don't think it's possible, because bitcoin is the most prominent digital currency at the moment. You can imagine if the bitcoin is worth more than USD 100, of course the altcoin is increasingly worthless.
If it were the worst possible bitcoin price my prediction would remain in USD 1,000, because as a digital currency of course its use would still be needed because of peer to peer so that people who want to avoid transactions through banks would switch to bitcoin, and this happens all over the world.

It is not even a good wish for BTC to fall below $100 as the OP sees it, he forgot the fact that there will always be a past in which the past can also hunt if negative.

If BTC falls to $100 now, many people will see it as a system that cannot be reliable for investment, if it can once do that to people that invested at $4k and then crash back to $100, what assurance will they have that it won’t do same to them, except there is a tangible reason for its fall.

Bitcoin major source of promotion is social media and news and when bitcoin falls to $100, which will be bad news flying around which will not encourage anyone to come into the system again except whales that are there to manipulate.

[Gaff]

And that won't happen because it's getting closer to Halving day, can you see that the price has now reached 4k USD. hopefully, this will be a good move for bitcoin at least to 10k USD. Don't panic, mate! rumours and storms will pass soon I guess. Speculation will raise various issues but in fact, more and more people are investing in Bitcoin or cryptocurrency.

Indeed, $4k was heading to be surpassed soon and we will see  how this bear market be over taken by more greener pumps. That $100 was impossible to happen, but still we need to be careful and always be prepared for possible crashes. Although some glitches of price downfalls might occur but not totally worst. Positive speculative ideas also tend to come out in several days, so stay tuned and enjoy to hear that and probably  it will help raise the good reputations of btc again.

[pixie85]

Are you really discussing a statement meant to troll you? People can make various predictions but the ones that are completely disconnected from reality like 100 or even 1 dollar bitcoin are not meant to start a discussion but troll you into an argument you can't win because he'll ignore your opinion or disappear. If I told you the price of gold is going to drop by 99% in the next 2 years would you treat me like a sane person?

[gabmen]

And that won't happen because it's getting closer to Halving day, can you see that the price has now reached 4k USD. hopefully, this will be a good move for bitcoin at least to 10k USD. Don't panic, mate! rumours and storms will pass soon I guess. Speculation will raise various issues but in fact, more and more people are investing in Bitcoin or cryptocurrency.

Indeed, $4k was heading to be surpassed soon and we will see  how this bear market be over taken by more greener pumps. That $100 was impossible to happen, but still we need to be careful and always be prepared for possible crashes. Although some glitches of price downfalls might occur but not totally worst. Positive speculative ideas also tend to come out in several days, so stay tuned and enjoy to hear that and probably  it will help raise the good reputations of btc again.

Btc would be as good as dead if ever that happens. Anyone would be foolish to give a chance to something that went from 20k to 100. That usually happen with ponzi and scams. Thankfully, i think btc is already established enough not to crash to even close to that level.

[deisik]

And that won't happen because it's getting closer to Halving day, can you see that the price has now reached 4k USD. hopefully, this will be a good move for bitcoin at least to 10k USD. Don't panic, mate! rumours and storms will pass soon I guess. Speculation will raise various issues but in fact, more and more people are investing in Bitcoin or cryptocurrency.

Indeed, $4k was heading to be surpassed soon and we will see  how this bear market be over taken by more greener pumps. That $100 was impossible to happen, but still we need to be careful and always be prepared for possible crashes. Although some glitches of price downfalls might occur but not totally worst. Positive speculative ideas also tend to come out in several days, so stay tuned and enjoy to hear that and probably  it will help raise the good reputations of btc again.

Btc would be as good as dead if ever that happens. Anyone would be foolish to give a chance to something that went from 20k to 100. That usually happen with ponzi and scams. Thankfully, i think btc is already established enough not to crash to even close to that level

You would be surprised but it all depends

As an illustrative example, if here comes the mother of all flash crashes and someone sells into the market something like a few hundred thousand bitcoins (for fuck's sake or whatever), that will definitely crash the price into double digits for a brief period. But will it mean that Bitcoin has turned into a ponzi or scam? Not in the least, obviously. As a matter of fact, it will be a good day (an hour or even just a minute) to buy really hard as fortunes will be made right then in less than the blink of an eye

[Bonsaiav]

BTC To Under 100$ BUT is good for Market, It not going to be happen in 1 day, but we are in down trend  since BTC ATH (20k$),
SO Why its is Good for market and bitcoin ? More people want to buy BTC at cheaper price So when BTC price is under 1000$ they will get a good opportunity to join in the game, now Most people even dont know what is BTC.
So Cheaper BTC = More Investor will join to the game and BTC will be more popular  BEFOR NEW ATH.
New ATH could be 200K$, But not before BTC price correction which is Under 100$.

Op doesn't understand the capabilities that bitcoin has so it's only natural that the OP finally dreams at the wrong price, IMO $ 100- $ 1000's a price that isn't so relevant, and surely this dream cannot happen in any way or reason. Crash or difficulty moving up is closely related to the things that give energy to the growth of bitcoin, for example the support of its users. If you experience this dream, ask yourself, "What should I do, avoid, or vice versa feel unable to handle it?" In a dream, I'm sure you can learn to do something even if it's beyond reason.

[Pattart]

And that won't happen because it's getting closer to Halving day, can you see that the price has now reached 4k USD. hopefully, this will be a good move for bitcoin at least to 10k USD. Don't panic, mate! rumours and storms will pass soon I guess. Speculation will raise various issues but in fact, more and more people are investing in Bitcoin or cryptocurrency.

I also believed that halving day is coming because as of now bitcoin price was having a small spike but it is continuously. I think we've done on the bottom price and it will not come back again. So, hopefully, the price will continue rising up and have more mass adoption in order to sustain market growth. Speculations will only speculation, let's patiently wait until when the bullish market back.

Halving that happens will make many investors interested because of the bonus coins that are obtained, moreover the advantages of rising bitcoin prices, I'm sure next year's this event will bring prices back up to $10k. $100 is an impossible price for bitcoin at this time, even if bearishness occurs

[omonuyak]

This is a speculations that is hard to believe and I don't think bitcoin will fall to $100 in this life.  Cryptocurrencies market has been in downturn since last year but that did not mean bitcoin will fall too low to that level of predictions.