Bitcoin prices are dropping too much...

[Aaroenz0r]

The bitcoin market is becoming bearish and the words Bobby Lee where he says that the price will go uphill and reach almost a million over the next few years sometimes sounds like a dumb joke. But knowing the nature of bitcoin, and observing several significant declines since the summer of 2019, we can assume that the price drop will not last too long.

yes, the decline is a normal thing in the financial markets. The financial market is always volatile due to the participation of different groups of people. In the case of the cryptocurrency market, too, all price movements occur due to supply and demand and manipulation. When prices have fallen too deep, now is the time for them to grow again. I don't believe that the crypto market will rebuild the old bottom of 2018. We have to have a strong belief in this because the crowd is thinking the same way we do. This is a great time to buy top coins.

[the rise]

go into a consolidation period in the range of $ 6-7k, but it tends to be weak and I don't think it will fall further down. going back to $ 5 thousand will only start a new story and will bleed for a long time, I don't think the market will want it either. Many are targeting later this year to continue rising $ 2-3k from current prices and still enter a healthy movement.

[Harriti]

Bitcoin prices are dropping too much...
Is there a possibility of a rise in the future?
If you say yes, when will the trend turn around?
And how much will Bitcoin prices go up on end of this year?

I think this is a good time for bitcoin to turn around and start slowing growth again. You know, the lowest price of bitcoin in the last 3 years is $ 3k1 and this downtrend will not make the price of bitcoin too low. why? because I think history will not be coincidentally possible in a very short time. The sharks all have their own strategies and this time they don't put too much price pressure on them. so we're optimistic and prepare to enjoy the 2020 bull run.

[Bagaji]

Bitcoin prices are dropping too much...
Is there a possibility of a rise in the future?
If you say yes, when will the trend turn around?
And how much will Bitcoin prices go up on end of this year?

No one can specifically predict what exactly will be the Bitcoin market value by the end of this year and if anyone could get the range at which the price of Bitcoin will be then it is just a game of lock.
I see the current downward moment of Bitcoin and other altcoins as an opportunity for smart investors to buy low hold for a while and sell at profit any time its value appreciate which is very likely.

[Savemore]

You cannot predict what will be the lowest price the bitcoin will be in this year, but one thing is sure; you can make money if you will buy if you saw a market reversal pattern like double bottom or inverse head and shoulder.

[AirdropNotifyer]

Bitcoin prices are dropping too much...
Is there a possibility of a rise in the future?

Obviously price will go up because bitcoin is getting popularity day by day, and so many countries ready to legalise cryptocurrency. In simple word more BUYER MORE High Price

[Beparanf]

You cannot predict what will be the lowest price the bitcoin will be in this year, but one thing is sure; you can make money if you will buy if you saw a market reversal pattern like double bottom or inverse head and shoulder.

Instead of focusing too much on the drops we should focus on how much or put limit on till how much we will buy. I bought some BTC yesterday and will still plan if ever I receive some bonus. It's the time to buy for those who don't hold yet. Don't believe in FUDS and focus that btc will soon to rise after this.

[LUCKMCFLY]

~snip~

Do not focus on today's prices, the trend of Bitcoin is not bearish, the fact that many sales are taking place does not mean that it is a crash, nor that everything will get here.

The key to being well in the market is knowing how to wait, having enough patience to resist volatility, this is very normal, if we start from Wyckoff's theory, we are starting the bullish trend, and this price downturn may be a testing at low levels to eliminate all possible supply, but observing the bitcoin chart the trend bullish will increase.

[ChrisPop]

The prices are dropping too much in comparison with what? Your expectations? That is not a healthy way to think about the markets. Some people are looking at the prices like at another opportunity to purchase cheap BTC. Prices move if there are more sellers than buyers, simply as that.

That is why you need to implement proper risk management principles so you don't end up saying things like this that the price has dropped too much or you haven't entered the up move yet, etc.

[Reid]

Too much is exaggerated.
When you look at how much it grew from day 1 then that is too much. 
Why is it that when it falls in price many people are overreacting while when the value goes up they are too silent about it and just enjoying the profits.

Anyway, no one can tell.
Just like now it went back $400 in just hours of waiting.
You can take that as a sign for an upward market but there is nothing to back it up.

[MtoshiHunter69]

Most things that gets thrown to the ground bounces back up, Bitcoin bounces more than anything.
Mark my words

[AniviaBtc]

Of course bitcoin will definitely rise again in the future now the price has reached $ 6,700 I think it's right to buy because this will enter the trend again and it won't be long after the beginning of the year we will see the bullish trend.
At the end of the year prices cannot be predicted, but the decline from now on will not be so sharp, it might grow a little.

Bitcoin is really unpredictable and you shouldn't take actions without thinking. You can't just buy without any technical analysis in the charts. It'll surely will become trend again but the question is "When will bitcoin rise again at the top?".

Many people are still asking about the season where bitcoin will become strong again in the market. Imagine from December 2017 it reached $20,000 upto now $6,000, look at that downfall. But i'm still hoping that 10 years from now, bitcoin will soon become at the top of all cryptocurrency again.

[diazepam666]

If anyone see the price chart of last one month we can find the drastic fall in the Bitcoin and all the cryptocurrencies. I seriously do not know the reason behind this price drop and there is no any special issue regarding this.
I believe people might be less interest and turning towards stablecoins maybe the reason and if anyone know the exact reason for this price drop please do let me know also.

[jostorres]

Unfortunately, it is at the end of the month as well . Where I cash out my bitcoin earnings at the first of each month and start living . This month I will literally have less money to live (on December) because I will end up with less money due to bitcoin crashing lol .

Well, not much we can do because I had times when I cashed out money and still made profit on top of it as well, like literally cashed out some of my bitcoins but the price of bitcoin went up so much that I had MORE even after cashing some of it out, these are the paybacks of those days so I will be just calmly accepting this part, maybe spend some of the money I put aside as savings for a while but when bitcoin goes higher I will be able to put some of it back and go back to living regularly as well.

[BitcoinTurk]

Over the last few days, especially last night, very serious price declines have occurred in the entire market and in all the cryptos. Although there is no serious news for these decreases, I think that the only reason is again the big investors. In the last few days, a serious sales volume has been formed and the price is falling down piece by piece but quite effectively as in the previous month. Of course, this decline also affects other crypto currencies and the small investor continues to lose money every day. We did not miss the bullish period, but in the event of a bullish run, investors who close the loss position are at risk of preventing the price rise.

[Farma]

Today's decline reached $ 6500, and recovered to $ 7200. if the question is "can bitcoin prices recover" the answer is of course "YES". I think this is a decline that often happens every year, so seeing bitcoin prices go down at this time is common. if you don't believe it, you can see the end of 2018, and maybe be thankful for the prices that exist today. however, I strongly believe that by 2020 the price of bitcoin will reach a very high price again.

[jets567]

Is there a possibility of a rise in the future?

Of course, anything is possible to happen in crypto-space.

If you say yes, when will the trend turn around?
And how much will Bitcoin prices go up on end of this year?

No one can give you an accurate answer because the market is volatile and unpredictable but keep it on your mind that Bitcoin will not always stay in the bottom, the day for its rise will happen eventually and no one can stop it. Take this opportunity to acquire more Bitcoin while its cheap and thank me later 

[White Christmas]

Bitcoin prices are dropping too much...
Is there a possibility of a rise in the future?
If you say yes, when will the trend turn around?
And how much will Bitcoin prices go up on end of this year?

Bitcoin prices are dropping so fast right now and we don't know yet why it is happening, but there are a lot of speculations on why this are happening in which almost all of the coins are in the down trend right now. There is a possibility that the bitcoin will rise again in the near future and it is proven already many years ago. Maybe the reason why bitcoin price is dropping right now is because of the big whales and also it affects the incoming year 2020 in which the said halving will come so maybe this is also one of the many reasons why bitcoin is dropping. We don't know yet when would probably the bitcoin will turn around or go back to normal because only predictions we are counting of. We don't know yet what would be the price of the bitcoin before this year ends, maybe the best thing to do is to just wait until the end of the year to know what will happen.

[The Sceptical Chymist]

I saw some fud on twitter that Calvin Ayre was dumping his BTC.

Who?  I'd stop paying attention to tweets if I were you, but that's my own bias against Twitter speaking.

Today's decline reached $ 6500, and recovered to $ 7200. if the question is "can bitcoin prices recover" the answer is of course "YES".

I agree, though I was relatively surprised that bitcoin fell that much.  Not that I'm not used to crazy price swings but I had been expecting it to recover from the $7300 range it was in and go higher.  That'll teach me.

Bitcoin will probably get back to $10k, but it doesn't look like it's going to be this year--I'm hoping it'll be next year at some point, but there's no way I could tell OP when exactly that recovery is going to take place.  Nobody knows, and you just have to place your bets and hope for the best.

The prices are dropping too much in comparison with what? Your expectations?

Yeah well that's usually how it goes.  Everybody who makes a prediction expresses some kind of expectation about where the price is headed.  I'm trying not to have an expectation right now.

[electronicash]

the price will bounce up but there is just no sure way of telling when it will happen. right now it moving up from $6500 to $7200, its not the price you may want but that's a good price to sell right now if you expect the price to dip to $2000. the articles all over crypto these days are telling the price can go that low. it be best to be very cautious about it. if they are publishing these type of information, one thing to do is also dump while they are up to accumulate.