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Author Topic: What price will never be seen again?  (Read 1116 times)
hatshepsut93 (OP)
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May 12, 2019, 12:35:15 AM
 #1

When people discuss Bitcoin's price, sometimes they tell that some price will never be seen again, because the market will be so bullish in the future, that even new bottoms will be higher than that price. The only way it won't hold true is if Bitcoin will be truly dying, but there's absolutely no reason to think that it will happen as of now.

So, let's predict what price will never be seen again! I think we won't see anything lower than $5,700 ever again, and the next few weeks is the last opportunity for bearish movements that can bring Bitcoin to below $6,000.
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May 12, 2019, 12:52:24 AM
 #2

When people discuss Bitcoin's price, sometimes they tell that some price will never be seen again, because the market will be so bullish in the future, that even new bottoms will be higher than that price. The only way it won't hold true is if Bitcoin will be truly dying, but there's absolutely no reason to think that it will happen as of now.

So, let's predict what price will never be seen again! I think we won't see anything lower than $5,700 ever again, and the next few weeks is the last opportunity for bearish movements that can bring Bitcoin to below $6,000.
$4XXX is mainly on support as of this moment but i do love the days when bitcoin nose dive in 3k++ price which is the all time low on 2 years as far as i remember.

For those people who do still wait for the dip then i doubt they wont see sub par below 5k price for sure.We are heading to recovery now.

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May 12, 2019, 06:27:37 AM
 #3

With cryptocurrency we cannot have anything assured, in no time the market will change upside down. As for my concern I have been into bitcoin for more than five years I believe the price of bitcoin will no longer fall low to a three digit value anymore. Probably after the days of halving I hope the price of bitcoin to carry a five digit value long term.

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May 12, 2019, 07:51:12 AM
 #4

Indeed we can't say what price can't be seen again because crypto is so volatile and this will remain so for long time and even if now the price is over 7500$ there can something happen and next days the price goes down.
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May 12, 2019, 09:36:25 AM
 #5

Indeed we can't say what price can't be seen again because crypto is so volatile and this will remain so for long time and even if now the price is over 7500$ there can something happen and next days the price goes down.
Obviously, some of the investors now afraid of this market movement because sometimes after a huge pumped up it has a correction.
We won't know. The bitcoin is so much volatile that each value is really possible to happen.
It could possibly go high and it could possibly go low. Predicting the value that you will never be seen is really impossible. Well, I assume that the value of the bitcoin may go down under 5,700 USD still for the next few weeks. However, there's a lot of chance that it may go down below 4,000 USD. Sounds like FUD but that is my opinion.

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May 12, 2019, 10:12:30 AM
Last edit: May 12, 2019, 11:11:12 AM by o_e_l_e_o
 #6

So, let's predict what price will never be seen again! I think we won't see anything lower than $5,700 ever again, and the next few weeks is the last opportunity for bearish movements that can bring Bitcoin to below $6,000.
It was $5,700 not even 5 days ago, and $6,000 only 3 days ago. I think it is far too optimistic to say we will never hit those levels again. We could hit those levels today if a couple of big players decided they wanted to sell. I do think we are finally on a long-term upward trend again, but in these last few days the run upwards has been far too fast. We are due a retrace down to somewhere in the $5,000s.

I would also remember to "never say never". Nothing is guaranteed in life, and especially so when it comes to cryptocurrency. As hugely unlikely as I think it is, it is still possible that the whole thing falls to near zero and we all lose all our money. Only what you can afford to lose remains solid advice.
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May 12, 2019, 12:09:33 PM
 #7

So, let's predict what price will never be seen again! I think we won't see anything lower than $5,700 ever again, and the next few weeks is the last opportunity for bearish movements that can bring Bitcoin to below $6,000.
Huh 5700 is absolutely on the realm of possibility. We were around that price a little over a week ago. If there's a correction over the next few days, I wouldn't be surprised if we go back to mid 5k's, maybe a bit lower if the people who FOMO bought decide to dump at the first sign of a dip.

To answer your main question, I'd say sub 2k. Yeah you can't predict what's gonna happen in this market, yeah Bitcoin is highly volatile, blah, blah, blah...Whatever, I feel like we'll never see 2k or lower again, last time we were that low was two years ago, and we failed to go below 3k during the last bear market, which was the longest bear market in the cryptosphere.

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May 12, 2019, 12:29:09 PM
 #8

In theory, when it comes to.Bitcoin, there is no price that is not possible or one that we could say it will never happen again. Bitcoin is very volatile and price can easily change up or down so in theory Bitcoin could be worth 1$ or 100.000$.

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May 12, 2019, 12:45:02 PM
 #9

My best guess is under $5000 for bitcoin won't be seen again and $180 for ethereum.

More big players are getting into crypto now and btc still has a long way to grow.  If it manages to capture a large portion of gold's market share we should eventually see a marketcap in the trillions.
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May 12, 2019, 01:17:21 PM
 #10

Bitcoin price hitting $3K+++ is unrealistic again, in December 2018 the price ranges for a longer period at that zone then before breaking the strong resistance at $4K+ barring unforeseen circumstances I don't think the price will dump to $3K+ again although bitcoin is very volatile however the price will encounter many strong supports downward that could prove hard to break except a major fundamental FUD or price manipulation will break such a support.

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May 12, 2019, 01:40:09 PM
 #11

I concur that we're unlikely to see price lower than $6,000 but just to be sure of it, I'll go with $5,000. I have read a post before that we'll never see $10,000 again but we're actually on it right now so it's too soon to say that we won't see $10,000 again.

I've been wanting to see that price right now to be honest.
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May 12, 2019, 01:45:26 PM
 #12

Anything under $3000, I think the market won't touch $100 billion ever again.
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May 12, 2019, 02:06:34 PM
 #13

I highly doubt that we'll ever see any level below $4000 again. Anything below the $5000 level is still a possibility, and I am ready to buy back there in an instant. My main task is to accumulate more BTC, not to accumulate more fiat so I am happier if I can dump these empty dollars again. These pumps offer an amazing opportunity to do that, the only question is when will we start correcting.

It surprises me that there is so much buying going on above $7000. Every attempt to crush it so far failed and got bought up quickly. In the end, this is what makes bull runs so powerful, the fact that people didn't prepare for them by buying in forces them to fomo in and be part of the current rush. Time will tell whether or not that was a good decision, but so far most people having bought any sort of amount this year are in the green.
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May 12, 2019, 03:33:47 PM
 #14

Price who are never seen again is I hope under $5000 that's my price who want to be the lowest value of the bitcoin.
For now the value is under $7000 and we cannot know if it's going to lower again but I Hope it will not happen.
Everyone wants to see the bitcoin at the highest value like $10,000 above for the Month of the May.
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May 12, 2019, 04:02:11 PM
 #15

When people discuss Bitcoin's price, sometimes they tell that some price will never be seen again, because the market will be so bullish in the future, that even new bottoms will be higher than that price. The only way it won't hold true is if Bitcoin will be truly dying, but there's absolutely no reason to think that it will happen as of now.

So, let's predict what price will never be seen again! I think we won't see anything lower than $5,700 ever again, and the next few weeks is the last opportunity for bearish movements that can bring Bitcoin to below $6,000.

I know it looks increasingly unlikely but I still think 3,100 isn't the lowest we'll see yet from Bitcoin. I'm a long-termist at heart and by action, but I still can't help feel that everything is far from being stable enough to figure in any estimations for the next term up to halving - only coincidentally equal to my timeframe of 2020 that I set for myself in 2016.

Because this means Bitcoin was at worst only 16% from its ATH. Which would mean it's actually the best decline from ATH we've seen in all its cycles. Which is not good for me because we need bigger retractions for even more spectacular new ATHs. If we want a million dollar Bitcoin, we're going to want to want $2k Bitcoin first Wink

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May 12, 2019, 05:51:05 PM
 #16

I know it looks increasingly unlikely but I still think 3,100 isn't the lowest we'll see yet from Bitcoin.

if $3100 wasn't the bottom, then we're nowhere near the bottom. we've consolidated for 6 months above those lows so if we return there, we're not just gonna retest them. we're gonna plunge below them.

after the action we've seen, i'm leaning against that scenario. i think the bottom is in. but i wouldn't rule out returning to the 200wma or the low $4000s one more time.

it's tough to answer the OP's question until we correct downward and establish a higher low on the long term charts. it could be that $5000-$5600 consolidation area. it could be the $4200 area that was tested and retested on the way up. it could be near the 200wma if we go to retest it.

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May 12, 2019, 06:25:28 PM
 #17

I think there is no guarantee that crypto will continue to pump, crypto is very volatile so there is always the possibility that we will see the lowest price again.

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May 12, 2019, 06:44:12 PM
 #18

$1,000 is my prediction but I still think i'm wrong because someday the price will return to its older price range I don't know how or whats the reason but that's my take on Bitcoin's price in the future. I kind of agree with buwaytress the $3,100 low that happened months ago doesn't feel like its the last time once we hit a new high the price would greatly decrease enough to see a new low.

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May 12, 2019, 07:40:55 PM
 #19

Well I think we will not see bitcoin in a price equal to or less than 800USD, I think that value is already very low to arrive, likewise for me is still latent the danger that can touch the $ 3ko less, minimum I reached $ 2.4k less than there would be total chaos for many people, even for investors.

The market currently may fall to $ 6K because it is where a clear margin where the accumulation stage begins, is likely to depart from there, for me is the starting range, we need to see how the movement can develop from here on Whats to come from speculators, investors, I believe that whales have given a clear example that they want the market to follow its bullish trend, unless it reaches $ 8K is a good psychological trust number not only for speculators and investors but for enthusiasts worldwide.

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May 12, 2019, 07:53:19 PM
 #20

I think it's safe to say that $3.5k won't happen again. It wasn't supposed to happen during the last bearish market as well, but we have Craig to thank for that one. Why wouldn't it happen again? I think the community is growing up, becoming more resistant to FUD. A lot of bad stuff happened already, but nowadays it seems like the price is not affected by such things anymore. The price can grow and fall, but not as radically as before.

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