How low will BTC go?

[Saisher]

This is not looking too good for Bitcoin holders. Some scientists estimate there will be 100 million plus infected with the Coronavirus2019 in the United States, eventually.

USA is the finance and Bitcoin capital of the world.

Australia and Germany is now in the stage of testing the new vaccine before it gets to that figure I'm pretty sure the new vaccine will be release, the world is trying to contain this Pandemic and scientist are in a hurry for the cure, time is a big factor here, every seconds counts now.

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[NeuroticFish]

Australia and Germany is now in the stage of testing the new vaccine before it gets to that figure I'm pretty sure the new vaccine will be release, the world is trying to contain this Pandemic and scientist are in a hurry for the cure, time is a big factor here, every seconds counts now.

The vaccines may still take long until released, the antiviral drugs can still be an easier choice; they have to simply figure out which of them are the most effective.
All in all, in the same way China is getting better, the rest of the world will also get there... in a month of two.
The nations are printing money and help out businesses. This means the national currencies are getting weaker. Bitcoin .. remains scarce.

So I would not think much on "How low will BTC go", just buy the dip and look for the better days; they'll come.

[milewilda]

This is not looking too good for Bitcoin holders. Some scientists estimate there will be 100 million plus infected with the Coronavirus2019 in the United States, eventually.

USA is the finance and Bitcoin capital of the world.

No one knows!

There no one do able to predict the future or the things that would happen ahead.For now we do able to see
the devastating effects of such pandemic but do you really believe that it would last for more months or years?
Vaccine would be available soon and everything that had been dumped down will surely recover.
This doesnt only talk on traditional market but also in crypto as well.

[BTCgrinders.com]

Will the USA economic boost help bitcoin not freefall to 1000?

[AakZaki]

I think we will go to 2800$-$1800

On what basis do you say the price of bitcoin will fall that low?  If only based on your guess you play gambling, don't trade.
With a position like this Bitcoin will not be lower than last year's lowest price.

If we look at it from a technical standpoint in March, leaving a matter of days and in the 1D time frame also shows oversold and besides that halving is also near I am not sure the price of Bitcoin will fall below $ 3000.

A few days ago when the price of bitcoin fell to $ 3,850 it was enough as a sign of low and high, as a sign that the price of Bitcoin would soon recover.

[rodskee]

This is not looking too good for Bitcoin holders. Some scientists estimate there will be 100 million plus infected with the Coronavirus2019 in the United States, eventually.

USA is the finance and Bitcoin capital of the world.

100 million infection in United States alone?what kind of joke is this?US is now doing their most to prevent the spread and if china did made the preventive measure like now their infection is getting lower so what more if US do their action?
but talking about the lowest Bitcoin can be?it is for at least 3k$ level like 2018 and nothing more,forget about the exaggeration.

[Oasisman]

This is not looking too good for Bitcoin holders. Some scientists estimate there will be 100 million plus infected with the Coronavirus2019 in the United States, eventually.

USA is the finance and Bitcoin capital of the world.

Vaccine is coming our way. 100 million infected people may not be possible, since there were news about the vaccines for the virus being created and be available in the public on April or late March of this year.
Well, if this pandemic will become even worse my prediction for the Bitcoin price would be around $3,000 - $4,000 range. Though people may not prioritize their investments, but there are those rich people who can afford to put enough money in any market to mutiply their profit up to 1000% after we get through this pandemic and the global market recovers.

[michellee]

Will the USA economic boost help bitcoin not freefall to 1000?

We don't know. But it could be possible because as a big country, the USA can be one of the countries that can help bitcoin to become strong besides of the other country. But we know now, all countries still focus on the virus, and they still trying to help their people so maybe this situation will still like this for a while. Maybe we will see a change in the next month or May since the halving will come in May.

[Questat]

I am not sure how low it will go, but I hope bitcoin will stay at $5000 before it will start to rise again.
More dump means more opportunity to buy, but the indication to the market is not gonna be looking good, people will panic more and it might take time again for bitcoin to rise, so more patient especially for the holders who are waiting to sell their holdings when bitcoin reach its new ATH.

[arwin100]

Will the USA economic boost help bitcoin not freefall to 1000?

We don't know. But it could be possible because as a big country, the USA can be one of the countries that can help bitcoin to become strong besides of the other country. But we know now, all countries still focus on the virus, and they still trying to help their people so maybe this situation will still like this for a while. Maybe we will see a change in the next month or May since the halving will come in May.

It's so questionable right on when we see this end up since as off now we are experiencing a bad market situation brought up by the virus and I think its hard to predict on how low we can go since until now experts cannot find a solution for this to ease up the panic and hopefully we can see a strong solution so that we can come up with a big recovery.

[Reid]

Up until now I still have the wish to predict the market accurately. But that might not come true forever.

We cannot control the market.
But it's movement is from us. How we make transaction and how we buy or sell.
There is another problem though, we don't really know how others think.

So asking how low it will go might be a difficult question.
If you are a bitcoin supporter you want it up of course. So you will give positive comments here.
It could be bias most of the time.

[TimeTeller]

Up until now I still have the wish to predict the market accurately. But that might not come true forever.

We cannot control the market.
But it's movement is from us. How we make transaction and how we buy or sell.
There is another problem though, we don't really know how others think.

So asking how low it will go might be a difficult question.
If you are a bitcoin supporter you want it up of course. So you will give positive comments here.
It could be bias most of the time.

We are now in the positive direction as we speak.
But since the market is very unpredictable, we don't know if this will continue or plunge again.
And no one can really determine how low will btc go, so sometimes this kind of question doesn't make sense anymore.
But ok, people want to make their wild guess and make a discussion with it.

[Finestream]

Up until now I still have the wish to predict the market accurately. But that might not come true forever.

We cannot control the market.
But it's movement is from us. How we make transaction and how we buy or sell.
There is another problem though, we don't really know how others think.

So asking how low it will go might be a difficult question.
If you are a bitcoin supporter you want it up of course. So you will give positive comments here.
It could be bias most of the time.

We are now in the positive direction as we speak.
But since the market is very unpredictable, we don't know if this will continue or plunge again.
And no one can really determine how low will btc go, so sometimes this kind of question doesn't make sense anymore.
But ok, people want to make their wild guess and make a discussion with it.

You know what, the best moment in crypto is when we see bitcoin bounce back after it dump, it gives us a feeling of assurance that bitcoin even if it's dump many times it will continue to pump, and you are right, as we speak now, bitcoin is already pumping, per CMC, we got some good increase at 16% so far, this is not an ordinary day, and let's see what's next for this after it hits back to $7000.

[TheAndy500]

Up until now I still have the wish to predict the market accurately. But that might not come true forever.

We cannot control the market.
But it's movement is from us. How we make transaction and how we buy or sell.
There is another problem though, we don't really know how others think.

So asking how low it will go might be a difficult question.
If you are a bitcoin supporter you want it up of course. So you will give positive comments here.
It could be bias most of the time.

We are now in the positive direction as we speak.
But since the market is very unpredictable, we don't know if this will continue or plunge again.
And no one can really determine how low will btc go, so sometimes this kind of question doesn't make sense anymore.
But ok, people want to make their wild guess and make a discussion with it.

You know what, the best moment in crypto is when we see bitcoin bounce back after it dump, it gives us a feeling of assurance that bitcoin even if it's dump many times it will continue to pump, and you are right, as we speak now, bitcoin is already pumping, per CMC, we got some good increase at 16% so far, this is not an ordinary day, and let's see what's next for this after it hits back to $7000.

It's a really good day for the Bitcoin price, but we're still in the bear market. Reports from exchanges shows that the recent increase is the result of speculation, so only the actions of traders. There is still a lack of investors who would like to invest long-term. A positive mood can change at any time. In my opinion, investing at the moment is too risky. The price of Bitcoin has never been predictable, but now it is completely crazy, because no one can predict even what will happen with the entire world economy. I think that this uncertainty will have a big impact on the large drops of Bitcoin price in the near future.

[el kaka22]

Bitcoin is not going low, on contrary it is going high, that is what we should be worried about, do not consider how low bitcoin can go as the question to be asked, consider how high we will get after the halving as the real question. The more we talk bearish words, the more we will have actual bear movements as well, the talks of it makes people question if you could be right, they start to sell because they are afraid.

However, if we talk about how awesome bitcoin is and how much high it will get, they start to think maybe they are missing out and buy that causes it to actually go up anyway and they will be right. So long story short, these bear talks will cause bear, try to limit them as much as you can, always talk how much bullish you are on bitcoin for the long term.

[Stasonelison]

If we are talking about local goals (the next few months), then I think that the bottom has already been. There may be another decline, but there will be no new low.
The price was lowered by speculators, it was not a natural fall.
I think now only growth is waiting for us, as halving is nearing and soon the bad news background will stop.

[bitbunnny]

Bitcoin is not going low, on contrary it is going high, that is what we should be worried about, do not consider how low bitcoin can go as the question to be asked, consider how high we will get after the halving as the real question. The more we talk bearish words, the more we will have actual bear movements as well, the talks of it makes people question if you could be right, they start to sell because they are afraid.

However, if we talk about how awesome bitcoin is and how much high it will get, they start to think maybe they are missing out and buy that causes it to actually go up anyway and they will be right. So long story short, these bear talks will cause bear, try to limit them as much as you can, always talk how much bullish you are on bitcoin for the long term.

Currently Bitcoin price is moving up, that is true, but so far we have learned how easily this can change. Especialy in this time of uncertainty when Bitcoin price isn't depending on market only.
However,  the question how low Bitcoin can go is the same to that how high can't go, neither of these two can't be predicted.
To my opinion in the upcoming period we'll see price fluctuations without tendency  to keep only one way.

[YuginKadoya]

Yup! pretty much the price is slowly recovering from the downfall it had, but the slow pace means that there is still a chance that it mind come down I am saying this just to be safe because I don't really know what may happen to the price because of the current situation we are facing right now,

And the vaccine may end up in a failure it would need many tests run and study because of every vaccine there is just a percentage that it will work and there are certain allergies for some people for that kind of medication so eventually it will be all trial and error.

[Farma]

Bitcoin is not going low, on contrary it is going high, that is what we should be worried about, do not consider how low bitcoin can go as the question to be asked, consider how high we will get after the halving as the real question. The more we talk bearish words, the more we will have actual bear movements as well, the talks of it makes people question if you could be right, they start to sell because they are afraid.

However, if we talk about how awesome bitcoin is and how much high it will get, they start to think maybe they are missing out and buy that causes it to actually go up anyway and they will be right. So long story short, these bear talks will cause bear, try to limit them as much as you can, always talk how much bullish you are on bitcoin for the long term.

Currently Bitcoin price is moving up, that is true, but so far we have learned how easily this can change. Especialy in this time of uncertainty when Bitcoin price isn't depending on market only.
However,  the question how low Bitcoin can go is the same to that how high can't go, neither of these two can't be predicted.
To my opinion in the upcoming period we'll see price fluctuations without tendency  to keep only one way.

I think we need to remain optimistic about this. even though things are changing so fast, I think there is still a chance that the price of bitcoin will go up high. however, we see that the price of bitcoin crawls from the price of $ 6100 to the price of $ 6800 and drops to the price of $ 6500 again quickly. although the circumstances change quickly, I think little by little, this price increase continues.

[BTCgrinders.com]

We actually feel bitcoin will rise, as opposed to popular opinion.