What price will never be seen again?

[hatshepsut93]

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.

I think a lot of bears who waited for low $3,000 are quite sad now and will grab an opportunity to buy at ~$5,500 level happily, so Bitcoin has a ton of support now, which makes prices below $5,000 extremely unlikely. Everyone is waiting for bull run, there's no doom in the air anymore like it was since Bitcoin started dropping after ATH, so I just don't see any reasons to think that we haven't passed the bottom yet.

[klaaas]

there's no doom in the air anymore like it was since Bitcoin started dropping after ATH, so I just don't see any reasons to think that we haven't passed the bottom yet.

Always take a note it could drop anytime as hard when the confidence starts sinking and people start to sell. Gladly we flushed out a big part of doubters last year and the ones who didnt wont sell cheap.

[BitHodler]

I have always been a very conservative person when it comes to crypto because there is no way to determine the value of a coin here. In most cases crypto is extremely overvalued, but rarely reasonably priced.

I remember last year that even legendary members here were so confident in how miners needed $6000 to be maintained and that they wouldn't let it drop below that mark. We have seen that the market didn't care at all.

The price can always go lower or higher. I find it unlikely to see the price test last year's low, but I'm not discaring the possibility of this to happen. It may be an unpopular opinion, but that's not my problem.

[exstasie]

I think a lot of bears who waited for low $3,000 are quite sad now and will grab an opportunity to buy at ~$5,500 level happily, so Bitcoin has a ton of support now, which makes prices below $5,000 extremely unlikely. Everyone is waiting for bull run, there's no doom in the air anymore like it was since Bitcoin started dropping after ATH, so I just don't see any reasons to think that we haven't passed the bottom yet.

The bolded.....that's the kind of sentiment to be weary of. Everyone was expecting lower prices in the low $3,000s. Everyone is expecting higher prices now. I have seen too many times what happens after very fast rises like this. The speed and severity of the subsequent crash usually surprises everyone. Remember the August 2015 crash? Most people didn't see that coming and they won't see it coming this time either.

The Bitcoin I know, once it picks a direction, trends very hard. The next downside correction may only be a correction, but it might be quite severe. I definitely wouldn't rule out sub-$5,000 yet.

[hatshepsut93]

The bolded.....that's the kind of sentiment to be weary of. Everyone was expecting lower prices in the low $3,000s. Everyone is expecting higher prices now. I have seen too many times what happens after very fast rises like this. The speed and severity of the subsequent crash usually surprises everyone. Remember the August 2015 crash? Most people didn't see that coming and they won't see it coming this time either.

The Bitcoin I know, once it picks a direction, trends very hard. The next downside correction may only be a correction, but it might be quite severe. I definitely wouldn't rule out sub-$5,000 yet.

The opinions on whether Bitcoin will fall further were split, but the bullishness is universal among all market participants, because nearly everyone, except maybe for some trolls and nocoiners, think that there will be a new bull run at some point. A lot of people thought that it will begin in the next year, close to the halvening, but the optimists think that it already begun with the current price explosion.

Of course Bitcoin is always quite unpredictable, but when I'm saying that some price won't be seen ever again, I mean that chances of that happening are extremely low.

[pooya87]

~ because the market will be so bullish in the future, that even new bottoms will be higher than that price.

i don't think it is that much about the market being bullish but mostly about that particular price being a very strong bottom (a strong buy support at that level) that makes it impossible to break into. so even if we see a retrace, it won't go any lower than that level because of its strength.

your $5700 is a good estimate in my opinion although i would choose a slightly higher price at $6000 or even $6100 because i still believe that the bottom was at $6k and all the previous 3-4 months we were in a reverse bubble and prior to that this price level has been a very strong one which is now becoming strong again.

[wheelz1200]

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.

I'm with you on this, I dont think we will see less than $1000 again.  Can we get back down to $2k, yeah that's not out of the realm, if profittakers come hard it could just as easy change the momentum downwards.  Predictions of btc fiat price is a crapshoot though, too many factors involved to actually use the word never

[ajqjjj]

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.

I'm with you on this, I dont think we will see less than $1000 again.  Can we get back down to $2k, yeah that's not out of the realm, if profittakers come hard it could just as easy change the momentum downwards.  Predictions of btc fiat price is a crapshoot though, too many factors involved to actually use the word never

Bitcoin is always leading cryptocurrency so no one is predict the 1k USD. But If you are new investor you can expect the low ratio because surely this will be controlling the crypto market so it will never move unrelated value. Obviously we are all know the real value of Bitcoin but some investors waiting for the dump but it will never happen in future.

[okala]

I know how volatile the bitcoin market can be and in that its very hard to predict what the price can be in the future, but if we must state the price that can never be again in bitcoin just for fun then I will say bitcoin can never be sold again for $0.50 cent because I believe the market have developed beyond that level.

[shesheboy]

I know how volatile the bitcoin market can be and in that its very hard to predict what the price can be in the future, but if we must state the price that can never be again in bitcoin just for fun then I will say bitcoin can never be sold again for $0.50 cent because I believe the market have developed beyond that level.

on this earth that we live , anything here is possible and that includes cryptos or bitcoin   . anything is possible in bitcoin because bitcoin is volatile ( like what you said earlier ) which means the price can still go down low lower than 0.50 cents and bitcoin or any other cryptos can even drop to zero whenever the people decide to dump all what they got  but but  , the chance for that to happen is i think verry slim because we all know how useful and how indemand cryptos was  .

[Lucius]

How about $1000? This is something that would be hard to believe if someone say it today, but there are some unforeseen situations which can cause collapse and deep fall. Hack of some big exchange (and we know most people keep coins there), similar to Mt.Gox would be a big step backwards, same as some kind of global political decision to ban bitcoin.

Personally I hope this is not going to happen, and that we will not see price lower then $3000 again in future. In fact, it all depends on how big will be next ATH and correction after that, and based on past events corrections can go up to 90%.

[figmentofmyass]

Personally I hope this is not going to happen, and that we will not see price lower then $3000 again in future. In fact, it all depends on how big will be next ATH and correction after that, and based on past events corrections can go up to 90%.

i think the outcome is becoming more binary than that.

we established the $3100s bottom 6 months ago. if we go back to retest it now, too much time has passed to expect a double bottom. too much underwater supply will have been established by then. we'll quickly go below $3000. in other words, if we hit $3000, we're likely to hit $1800 and possibly $1200 too.

the other outcome is that the bottom is in. this is my personal view. in that case, i doubt we will go below the $3800-$4200 support zone established over the last few months.

[thecodebear]

At this point I'd say $5000s are gone forever. Maybe if bitcoin corrects soon we could very briefly see high 5000s, but I think it's more likely any correction would only take it back to 6000s.

Hell with bitcoin hitting $7800 right this moment it's possible $6000s is gone forever at this point too, though I wouldn't be on that just yet. But within a few weeks I think it's likely we'll see $6000s for the last time too if we haven't already.

[maydna]

For sure, we will never see the bitcoin price is at $200

I remember that is the first time I join in the bitcoin world, and that is too high for me to buy bitcoin at that time because I don't have that money to buy a whole bitcoin. And if we should say that what price we will not see again from the last year until now, I think we will never see the price is at $3,000 and perhaps, it won't happen in the future. So I think for people who can buy bitcoin at that price will surely make a lot of money right now because we know that bitcoin price now reaches more than $7,000.

[iv4n]

At this point I'd say $5000s are gone forever. Maybe if bitcoin corrects soon we could very briefly see high 5000s, but I think it's more likely any correction would only take it back to 6000s.

Hell with bitcoin hitting $7800 right this moment it's possible $6000s is gone forever at this point too, though I wouldn't be on that just yet. But within a few weeks I think it's likely we'll see $6000s for the last time too if we haven't already.

Op said 5700, you said 5000 are gone forever. Well, that`s like both of you expect push back in next period of time. Its very possible to happen, after months of rising, maybe price will stop in one moment and fall back couple thousands, possible scenario. Good time for shorting now? Or to expect price to climb more for that strategy?
As a trader I see many possible outcomes from this position now. If we break 8000 mark I think we are going higher, if we don`t break it soon price will start moving down for a change. I think everything will be more clear in next couple days.

[omonuyak]

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.

In this cryptocurrencies market everything is possible and when you think that an end has come to a bullish or a bearish trend that is when you will see wonder.  I don't think there is no price that cannot be seeing in future because in 2017 I told my friend that bitcoin may not fall to $10,000 again but now we are praying for it to get back to $10,000!

[2chase]

I think that the lowest price for bitcoin that may be this year is the range between 6400-6500. It seems to me that, already below this price, the biteoin will not fall, I think this is the extremely low price to which bitcoin could fall this year. Although it may even be so I called too low a price now.

[Pattart]

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.

They have to know that every year the bottom line will always go up, in the past few months maybe $3800 has become a bottom line for bitcoin. but of course there is an improvement and the market will be stronger because of the correction. You might never see $4k again in the next few years. and even today I think prices will no longer fall below $5k. see very positive market conditions now

[coin-investor]

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.

Anything and everything is possible in the cryptocurrency market, just when everybody thought, things are looking great suddenly a big surprise caught everybody, but my prediction is $4000 we will never see Bitcoin to that level again, I was a bit worried when the price was at $4500 level, there will more dump when it hit $4000 we're lucky it did not hit that level.
 

[Shinpako09]

From setting a new ATH going into bottom, I guess a 3-digit price won't be seen again. If we set a new ATH, a higher bottom will be recorded as well. So those cheap days maybe gone and will be costly for newbie to invest but still profitable, that's the good thing about btc. But then no one really knows what will happen exactly.