Will bitcoin hit a new low since 2018

[IOE]

Now some people on the Internet predict that bitcoin will hit a new low since 2018. Is this someone harvesting leeks and alarmist? Historically, there seems to be a similar voice every time prices fall. Our retail investors are reduced to leeks every time.

[samcrypto]

Now some people on the Internet predict that bitcoin will hit a new low since 2018. Is this someone harvesting leeks and alarmist? Historically, there seems to be a similar voice every time prices fall. Our retail investors are reduced to leeks every time.

Yes it can happen and we have to be ready for that and stop panicking. Bitcoin price are unpredictable and it hurts to see the price to dump big within a day, but we cannot stop it because investors has decided to sell their bitcoin at a loss. Hodlers must keep buying with cheaper price, don't sold if you are losing be patient.

[mk4]

Now some people on the Internet predict that bitcoin will hit a new low since 2018.

People have always been "predicting" what will happen with bitcoin's price. I get it, it's sometimes fun to speculate. But as always in the end, no one knows(I've said this a lot of times that I might as well be a broken record). There will always be bears when the prices are rising. There will always be bulls when the prices are falling. And vice versa for both. Stop wasting time trying to listen to people's "predictions" as I'm pretty sure no one has a track record of predicting the markets with 100% accuracy.

[BitBite5]

Don't be so under pressure because of bitcoin price and don't panic every time when bitcoin price falls.
It's funny how every time when the price goes down some people predict the worst possible scenario. This now it's just usual correction, something that we see all the time. Just relax and buy more coins.

[CarnagexD]

Now some people on the Internet predict that bitcoin will hit a new low since 2018. Is this someone harvesting leeks and alarmist? Historically, there seems to be a similar voice every time prices fall. Our retail investors are reduced to leeks every time.

There are different people that predict the price of bitcoin and some of them are professionals on this field. We do not know if bitcoin will hit new low price on this coming year 2020 and until now bitcoin is still unpredictable. Maybe we should wait until the 2020 and let's see if bitcoin truly hit new low price in the market.

[Kakmakr]

I seriously doubt it. I base this assumption on yesterdays 600%+ investment increase in Bitcoin Futures from institutional investors on the Bakkt platform.

Yes, there are not a lot of traders on the Bakkt platform, but the little that are on there have a lot of insider information on the things that they invest in and if they are suddenly investing in Bitcoin when the price is going down, then they must know something that we do not know about.

Let's see if my speculation is accurate.  

[IOE]

I seriously doubt it. I base this assumption on yesterdays 600%+ investment increase in Bitcoin Futures from institutional investors on the Bakkt platform.

Yes, there are not a lot of traders on the Bakkt platform, but the little that are on there have a lot of insider information on the things that they invest in and if they are suddenly investing in Bitcoin when the price is going down, then they must know something that we do not know about.

Let's see if my speculation is accurate.  

It's magical to see

[maydna]

Yes, they can predict, but they don't know the truth. We can also predict what they did, but we should wait if the prediction will happen or not. It is hard to predict what will happen to bitcoin, and no one can make the right prediction. Prediction will be a prediction, and we should prepare for the worst if it's happening so we can prevent the loss. It might hard, but if we are ready for anything that will happen, I am sure that we can use the moment for ourselves.

The fallen of bitcoin price can happen before it's rise higher. And if we check on the history of bitcoin price so far, we can see that the chance to see the fallen will be there. So it's better to set everything before it's happening and we can try to buy bitcoin at a very low price.

[romero121]

Bitcoin being speculative there is more price predictions from different users based on various factors. The price of bitcoin has touched its low of $3000. The increase in the price has begun from this year April, and the same has provided with the expectation for the year. As halving is scheduled for the year 2020, big price can be experienced by 2020.

Bakkt into the market was expected to make a big influence on the market, to the expectation nothing big happened. Hope change in the market due to Bakkt will happen in the future.

[airdnasxela]

Now some people on the Internet predict that bitcoin will hit a new low since 2018. Is this someone harvesting leeks and alarmist? Historically, there seems to be a similar voice every time prices fall. Our retail investors are reduced to leeks every time.

We can't actually say what will really happen but of course it is still possible. Everything is just a prediction and speculation but let's just prepare ourselves if this actually happens. I don't really think it'll happen sooner but if it does, just look at the brighter side of it. I know it would be frustrating but during its lowest point, you could buy more bitcoin to hold. Because after that, more possible of it surging

[ChrisPop]

In my opinion there is no way we'll ever get below $3000 anymore unless someone major happens on the fundamental part like a huge flaw discovered by hackers or big governments banning BTC. There are too many institutional investors in the market now that are eager to purchase BTC and these prices are already very cheap compared to the potential of BTC. On the higher timeframes the BTC chart still looks decent so you might want to be more neutral than bearish.

[7788bitcoin]

Now some people on the Internet predict that bitcoin will hit a new low since 2018. Is this someone harvesting leeks and alarmist? Historically, there seems to be a similar voice every time prices fall. Our retail investors are reduced to leeks every time.

When ever there is a rally or a correction in the market you will hear these made up stories and it is nothing new to the market, you do not need to pay anyone to say these things, they have the social media platform or blog or a news website and they keep on chunking out news that will catch the eye of people looking for answers why the market is going down and they make money writing these nonsense. 

[LogitechMouse]

Now some people on the Internet predict that bitcoin will hit a new low since 2018.

I can predict that Bitcoin can reach a new all time high this year. My dog can predict that Bitcoin will reach to 0 this year. A beggar on the street can predict that a global recession will happen anytime soon (if he knows about it).

My point?? Anybody can predict and share their opinion to the others and especially on the internet and I don't care about it. Regarding to what you said, it can happen but it can't happen too. The chances of this to happen is around 5-10%.

[hello_good_sir]

Now some people on the Internet predict that bitcoin will hit a new low since 2018. Is this someone harvesting leeks and alarmist? Historically, there seems to be a similar voice every time prices fall. Our retail investors are reduced to leeks every time.

Your expecting/assuming the price to go down to around the 3,000 regions? That is what the price of BTC would be if it dropped down to the 2018 time.

Don't think it's necessarily a bad period for Bitcoin, and I think it's a pretty good period for crypto-currencies. Bitcoin's growth, in price and adoption and technology has been fairly stable, with the only big thing we can expect being the block halving.

I say it's a good time for crypto-currencies because a lot of them they are centralised and popular are actually getting support from governments, especially in the stablecoins area.

[error08]

Lots of TA predict bullish lose and bearish takeover, but the lowest price at around $6450, the bottom we expect. The target for the bull is $7700 for the end of this month.
So, bitcoin won't hit a new low price this year, $3300 was the lowest but won't repeat. Bitcoin might stay at this level as the new persistence level for a week before drop a little deeper to the bottom.

[CryptoBry]

Now some people on the Internet predict that bitcoin will hit a new low since 2018. Is this someone harvesting leeks and alarmist? Historically, there seems to be a similar voice every time prices fall. Our retail investors are reduced to leeks every time.

Yes, the key takeaway here is "some people" and who are these people really? These people's opinions can be as good as we have. I can predict and I can also cite good basis of my predictions but one thing is for sure I could not guarantee that what i said will definitely happen. It is the same with all the things that some people are saying and will continue to say. The bottom line with Bitcoin is we have to prepared for the worst while expecting the best. Hopefully, a big boom for Bitcoin is coming in 2020 and that is when the coin can be reaching as high as $2 Million Dollar, according to figures supplied by John McAfee...believe it or not!

[jootn2kx]

Now some people on the Internet predict that bitcoin will hit a new low since 2018. Is this someone harvesting leeks and alarmist? Historically, there seems to be a similar voice every time prices fall. Our retail investors are reduced to leeks every time.

I don't think it will. It is still a bit early for the end of the year hype, but i expect that BTC will soon go back up, unless something really bad happens.

[batang_bitcoin]

Everyone can predict if there will be a new low. The year has not yet ended although there's almost 2 months left for it to end. There's a comparison for the all time lows and each year there's always a high all time low. So, for last year it was $3,300 - $3,400. We may actually see that the all time low for this year was higher than that. But who am I? I don't know, I'm also just looking into that pattern that we possibly see it happen.

[oleg681010]

I do not think that this will happen again, at least in the near future

[kolonel_x]

Lots of TA predict bullish lose and bearish takeover, but the lowest price at around $6450, the bottom we expect. The target for the bull is $7700 for the end of this month.
So, bitcoin won't hit a new low price this year, $3300 was the lowest but won't repeat.

Far from being likely to return like 2018 to $ 3300, Bitcoin will target bullrun in the coming months, and I think the lowest bitcoin price of $ 7,000 will not exceed that.