Another price rejection incoming

[pacman7331]

Though I don't know the down level but it's sure that we are gonna see another dump in the crypto market, and I am afraid that it can make the lowest price for bitcoin after the mid of 2017 or it can stay at 5k zone! Anything is possible in this world crisis, better to look carefully the price movement and keep converting your crypto to USDT to avoid the massive dump!

[pacman7331]

Alot of these news has been flying around since , I don't see it as new. We will be here when everything will happen. Everyone predicting BTC to 100k and also to 3k , we will see how it will play out and when. Just don't spread the fear.

It's not the spreading fear, it's the truth. I am sure you already have seen Bitcoin hit 3800 USD last week, and now when many people are dying throughout the world by the coronavirus, so, it's simple to think that all the financial sector will have a down race anytime soon. So, everyone should be prepared for it, not to get fear rather aware!

[Jannyh]

Would be really lovely to have seen the source link. Well most times those predictions happen by chance and the experts are lucky but I don't think all their predictions come to pass, we hope that price would go back and be stable, but talking about altcoins, I also think it's not the right time for it,one buying it now should be ready to hold a little more.

[dainoran]

we must not be too confident about these people's predictions, because that is only speculation from that person we must be sure that the price of bitcoin will continue to rise.

[betty11]

You didn't provide us link to the prediction, this sounds like a make up prediction to cause FUD. When expert says the market is going to dump, I hold my position and when they say the opposite, I act the opposite too. I don't trust any prediction, expert have been wrong many times and they don't apologize about that.

[Leonardo7]

It's just another speculation which any could actually do at the present situation of the world market and the ravaging health crisis.  I don't really believe the market will crash to $3k when halving is around the corner.

[asriloni]

Alot of these news has been flying around since , I don't see it as new. We will be here when everything will happen. Everyone predicting BTC to 100k and also to 3k , we will see how it will play out and when. Just don't spread the fear.

It's not the spreading fear, it's the truth. I am sure you already have seen Bitcoin hit 3800 USD last week, and now when many people are dying throughout the world by the coronavirus, so, it's simple to think that all the financial sector will have a down race anytime soon. So, everyone should be prepared for it, not to get fear rather aware!

The financial sector can't run normally and even whole sectors are getting affected caused by that and that means if the economy in a country is getting stuck and it can't run properly. That makes the country becomes unstable caused by the financial ecosystem is getting stopped caused by this virus. Just prepare crypto for the worst thing that can happen anytime.
People already aware about that since this virus has become pandemic.

[Perfect35]

When people say something, it is now left for you to be able to discern properly well what they have said. Sometimes, it could work well for you, but most of the times, you might see it not working properly as it ought because it is one-sided. When you see predictions, avoid making direct use of it. Also, try as much as possible to do some analysis by yourself.
@OP, your topic shows that you have already resolved on something, pls, try checking it well before taking any step.

[htsy585]

I just came across this news today that Bitcoin could revisit 3000$ said the guy who first predicted Bitcoin crash to 3k, I wonder what this is all about, I refuse to accept that this is another Coronavirus punishment on the market, if you are holding top altcoins you should be ready

In as much as this is a type of truth that we often don't love hearing, so far the global crisis caused by the coronavirus pandemic still exist, the entire market will be subjected to frequent up and down.  For a whole week now, in as much as the price of virtually Every cryptocurrency is low, we've seen quite a stable karket but I'm very optimistic that after the end of the spreading of COVID19, the market will bounce back normal

[Anonylz]

I heard the support is very strong around $3400 so most likely btc will still fall to that level before before climbing, but remember this are just personal insights from those who can observe the chart properly, so if you are not sure of the market situation, better to stay on stable coin or usdt until you are sure, I also read it somewhere not coming directly from me.

[skeleto88]

Predictions aren't always true, do not rely on ones predictions because they are lucky to predict one right, crypto market is unpredictable and you need to have back up plans just in case

I agree they are just wild guesses from experts who don't totally control the flow of the market. They might guess the price to atleast close but not really exactly to the point they guess exactly to what they said.  They predictions are helpful as guides but still don't put full trust on them rather do you own thing when you are trader, trust your instinct and check the market from time to time.

[inanilujimi]

when we invest in crypto we must at least be prepared to take any risk, as for predictions only speculation can not be a guideline, because crypto is very fluctuating anyone can predict without having to show strong evidence.
The crypto market is currently bleeding so it's natural that there are people who want to scare investors into achieving their desires.

[Mumbeeptind1963]

Predictions aren't always true, do not rely on ones predictions because they are lucky to predict one right, crypto market is unpredictable and you need to have back up plans just in case

I agree they are just wild guesses from experts who don't totally control the flow of the market. They might guess the price to atleast close but not really exactly to the point they guess exactly to what they said.  They predictions are helpful as guides but still don't put full trust on them rather do you own thing when you are trader, trust your instinct and check the market from time to time.

I guess we should rest for a while and I think there's no need to worry because even theres another price falling again still it won't change the fact that the price will rise again soon. It better to keep believing because we know it's only part of it and it wont last longer happenning, it will change and give us us lot of profit in the end, just have patience .

[Eugenar]

I just came across this news today that Bitcoin could revisit 3000$ said the guy who first predicted Bitcoin crash to 3k, I wonder what this is all about, I refuse to accept that this is another Coronavirus punishment on the market, if you are holding top altcoins you should be ready

Actually, this post will be more credible if you include the guy who predict about the bitcoin, especially the link where you have read the news about that, but anyways, Corona virus is still spreading the world, so I am also expecting that bitcoin will continue dumping, so always be ready and use this situation to invest more.

[gaston castano]

well, it's just a prediction and not necessarily true.of course, you will hear several rumors or news in this condition.
and for alt alt coin it will not be affected much and will follow btc.

[Rosilito]

I just came across this news today that Bitcoin could revisit 3000$ said the guy who first predicted Bitcoin crash to 3k, I wonder what this is all about, I refuse to accept that this is another Coronavirus punishment on the market, if you are holding top altcoins you should be ready

As of today Bitcoin price is at $6,200 base on cmc. Bitcoin had already passed through closed to such price, I don't think that it would going fall down below $4k, but if it would may be it will just going to remain between $4k and $5k somewhere between that. However if the market are really that unfortunate, and it really did crashed at $3k, I don't think that COVID has something to do with it. May be there is something shady happening behind, some sort of manipulation? in my opinion. Anyway, with that being said we should be ready in terms of buying more, fund allocation on providing which coin to buy if that big dump would going to happen.

[Doranile432]

It seems the virus have stop affecting crypto market but the virus keeps killing more people everyday, or maybe people have already stop worrying or panic anymore

[slashz9]

that's not necessarily true of course someone will say the prediction.
or making news so excited that people become fomo and take action to sell / buy.
you should not trust any news before do your own research or make sure the news is falid from good source.

[sorrros]

You can´t expect new bull run when people live in a fear of disaster. Corona virus is a real problem that could cause a collapse of financial system, so give me one reason why people should buy Bitcoin in these hard times.

[thesmallgod]

The person could have back-up his or her prediction up with good and holistic information. I strongly believe this is a pure hoax. If the other way round occur and the price of the bitcoin boom what do you suppose to be the reason behind it? It has become a norm for people to speculate especially at this present moment when the globe is witnessing a plague. This will not be the end either will it be the beginning of bitcoin rise and fall