HOW LOW BTC CAN GO?

[Janation]

At this moment, BTC is moving sideways +- $400. The possibility of it moving to either direction is very likely which of course no one can say for sure. I believe in BULL at this moment but I can't ignore that there are some sudden factors causing dumps which is further causing panic sell. Hence, this is totally speculative at this moment. Therefore, I created this poll to understand the mindset of the people involved in this. Hence, I request everyone to fill this poll.
If you have any explanation to any of the theories you believe and you want to explain me, please don't hesitate to leave a message so that we can discuss more where I can also input if I can

I'm a bit late but the price is getting better and better.

This proves that a lot of people take advantage of the dump and I don't see Bitcoin falling from $6K again in this pre-halving situation. We might start at $6K at pre-halving, and that would the best thing that would happen for those people who reinvested and took the opportunity. I think we should ask the opposite, how high would it go before halving.

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[rodskee]

We have already reached the Bottom mate last 2 weeks ago and we are now looking for the growth of market as we are seeing some small chance now.
positioning at $6,500 and up now?yeah we are now recovering and no signs of falling again(well that is my own opinion and i don't hold for any thoughts from others)
but actually i don't care if the price falls down to the lowest in your survey because even if this price goes down to $2000?still i will purchase more lol.

[maydna]

Seem like $3500-$4000 will be the low price for bitcoin, as we know that the all time low for bitcoin price was $3500 and I will guessed as well that it will be the lower price .

But seem like we are far to reach $3500 right now, bitcoin price is increasing to $6700 currently. And bitcoin will be in a good trend cause if we pass $6700 then we will see $7000 as next price.

The worries from corona virus is still spreading in some country, like in my country who has been affected the money fiat is fall against US dollar. I think many people in country have decided to buy bitcoin to safe their money.

We don't know if bitcoin will not goes down and reach $3,500 again or not because so far, bitcoin still stay at the $5,000-$6,000 range level so everything can be possible to happen. While we don't want to see bitcoin will go down again but yes, right now is a good time to buy more bitcoin if we still have money. But perhaps, we need to wait for a while to see where bitcoin price will moves in a few hours later so we can know what we need to do. The important thing here is we can analyze more before we decide something.

[Btc_1856]

We have already reached the Bottom mate last 2 weeks ago and we are now looking for the growth of market as we are seeing some small chance now.
positioning at $6,500 and up now?yeah we are now recovering and no signs of falling again(well that is my own opinion and i don't hold for any thoughts from others)
but actually i don't care if the price falls down to the lowest in your survey because even if this price goes down to $2000?still i will purchase more lol.

We don't know exactly, what is happening in the market and as of now, we have seen many times the price of Bitcoin decreased a lot in the market. Whenever the price drops, it is always a good chance to grab the Bitcoin when the price drops. People who grab when the price drops will always make some decent profit.

[MCobian]

Right now bitcoin is currently at $ 6700 but it's not at a bullish price, there is still a possibility that bitcoin will go down again.
So we must be vigilant if the price of bitcoin goes down again, and according to the poll I have already filled. In my opinion the
lowest price of bitcoin is in the price $ 4000- $ 3500. But hopefully my estimates are wrong and bitcoin will continue to rise.

[CryptoLordguru]

Lol! There are people who voted for under 3k, 2 people literally voted for 2500-1500 levels, do you really think that bitcoin could go under 2500? What are you trying to achieve with this, maybe just wanted to make sure people are afraid and the price would drop so you could buy more.

I do not really like the "wishful thinking" type of voting, I can't decide on their votes, they are free to vote to whatever they want and that is understandable, however reality is what they are doing looks just funny and blurs the clear waters and that is it nothing else. If you seriously think that bitcoin could be 1500 you are an idiot, that is without a doubt true, if you just WANT it to be 1500 then you are doing it wrong way, that is not how you can achieve anything by manipulating neither.

What I think: I have dual thoughts, both upwards and downwards.. There is a level which can trigger BTC to go either way very fast and hence, I am trying to understand the sentiment of people related to it. This was meant for study purpose and not for anything else. Your words towards other people are not that respectful which makes me sad. Please keep it decent.

[CryptoLordguru]

Right now bitcoin is currently at $ 6700 but it's not at a bullish price, there is still a possibility that bitcoin will go down again.
So we must be vigilant if the price of bitcoin goes down again, and according to the poll I have already filled. In my opinion the
lowest price of bitcoin is in the price $ 4000- $ 3500. But hopefully my estimates are wrong and bitcoin will continue to rise.

Thanks for the advice It is quite uncertain and it looked like it will cross 7k today but it didn't unfortunately. However, I see a bit of bull pattern trying to break out. It kept on trying the whole day but no one knows. Stay vigilant, stay safe In long run, it is always bullish for BTC. That is why there is a saying *long BTC, short banks*

[maxreish]

Weve seen the dip last year at $3,000, maybe we can see that again this year. Some said if the bear will continue to win over bull, it will continue to dump down to $1000. Well, i hope not. But whatever price the buttom will be, isn't a good opportunity for us to buy more bitcoin?
 
 Well, in my TA bitcoin will slowly gain strength to go up. I just do hope the resistance will break at $7,000 there is a high chance for another pump.

[Vaculin]

I am hoping for a rise now, and I hope the low that we've seen this month will be the lowest this year.

The market looks stable now, it seems the panic in crypto is already over, and as I noticed, we have maintained a good overall trading volume despite of the global crisis we are facing now, IMO, this would only mean one thing, there's more money entering in crypto from stocks investors.

[CryptoLordguru]

Weve seen the dip last year at $3,000, maybe we can see that again this year. Some said if the bear will continue to win over bull, it will continue to dump down to $1000. Well, i hope not. But whatever price the buttom will be, isn't a good opportunity for us to buy more bitcoin?
 
 Well, in my TA bitcoin will slowly gain strength to go up. I just do hope the resistance will break at $7,000 there is a high chance for another pump.

I also hope for it to gain momentum now as the bull is trying to fight against the bear Let's hope for the upward trend!!

I am hoping for a rise now, and I hope the low that we've seen this month will be the lowest this year.

The market looks stable now, it seems the panic in crypto is already over, and as I noticed, we have maintained a good overall trading volume despite of the global crisis we are facing now, IMO, this would only mean one thing, there's more money entering in crypto from stocks investors.

It looks stable to me as well and a bit like upward trend but lets stay focus and safe

[Reatim]

maybe some answers has been posted in this thread

https://bitcointalk.org/index.php?topic=5233452.0

because Op is just asking until March 20 and yours is  month after.

the quarantine in most country will end before that date so maybe there are many good respondent by then and re invest in market so it may bring Growth but how much?i dont wanna frustrate myself so i will choose to stay waiting for what will market brings us.

[CryptoLordguru]

maybe some answers has been posted in this thread

https://bitcointalk.org/index.php?topic=5233452.0

because Op is just asking until March 20 and yours is  month after.

the quarantine in most country will end before that date so maybe there are many good respondent by then and re invest in market so it may bring Growth but how much?i dont wanna frustrate myself so i will choose to stay waiting for what will market brings us.

I don't know whether the quarantine will end by then or will be extended further more. It is still a question which we will know in due time and I do agree that BTC has possibilities to move any direction

[xZork]

Perhaps it will be difficult for bitcoin to grow in the near future, I think the market will have a decline.
My prediction for the price of bitcoin in April 2020 will fluctuate between $ 5,500 and $ 6,000.

[acdc]

At the present time, the world is facing the risk of financial crisis caused by corona virus, many businesses are closed and the world trade situation is going in a bad direction. So I think bitcoin will go down in price in the near future, so it's likely to drop to $ 2500 ~ $ 3,000.

[CryptoLordguru]

At the present time, the world is facing the risk of financial crisis caused by corona virus, many businesses are closed and the world trade situation is going in a bad direction. So I think bitcoin will go down in price in the near future, so it's likely to drop to $ 2500 ~ $ 3,000.

You do have points but lets see. It is indeed going to be interesting to see beforehand

[Viscore]

Perhaps it will be difficult for bitcoin to grow in the near future, I think the market will have a decline.
My prediction for the price of bitcoin in April 2020 will fluctuate between $ 5,500 and $ 6,000.

In that case, you are predicting a no improvement at that time.
Let's call it this way, March is a tough time for bitcoin as it dropped really hard, its 50% in just a very short period of time, and we don't expect it.

However, the bounce back was very special and that made us stay at $6K which slowly rising and trading at $6600 now.
Be patient and continue to believe, who knows, bitcoin might surprise the entire world, how about expecting an ATH this year?

[fullhdpixel]

Right now, we are above all of those prices, anyone still thinks we can go that low? I mean you have to really not understand finances at all to think that bitcoin could go that low. First of all there are just too much bitcoin required to sell all that much, is it possible? Sure it is, if everyone around the world sells their coins we can go under 100 dollars today, however considering how much the volume is and how much people are willing to sell for etc etc, that means there is really not that much chance.

There is just too many buy orders around in the market which is why we will not really see something that major ever happening. However, if you believe that billions of dollars worth of bitcoin will be all sold in a matter of hours, that is something else.

[xZork]

Perhaps it will be difficult for bitcoin to grow in the near future, I think the market will have a decline.
My prediction for the price of bitcoin in April 2020 will fluctuate between $ 5,500 and $ 6,000.

In that case, you are predicting a no improvement at that time.
Let's call it this way, March is a tough time for bitcoin as it dropped really hard, its 50% in just a very short period of time, and we don't expect it.

However, the bounce back was very special and that made us stay at $6K which slowly rising and trading at $6600 now.
Be patient and continue to believe, who knows, bitcoin might surprise the entire world, how about expecting an ATH this year?

Everyone is looking forward to the rise of bitcoin. However, the current disease situation is developing in a bad way and it will affect the economy of the world.
In order to overcome the corona epidemic, people need more cash, which is why I think that BTC will probably be discounted in the near future.

[acdc]

At the present time, the world is facing the risk of financial crisis caused by corona virus, many businesses are closed and the world trade situation is going in a bad direction. So I think bitcoin will go down in price in the near future, so it's likely to drop to $ 2500 ~ $ 3,000.

You do have points but lets see. It is indeed going to be interesting to see beforehand

Everything is possible in the cryptocurrency market, Btc at $ 2500 ~ $ 3,000 is just my prediction and I don't expect it to come true. I wish I could see Btc rise to $ 20,000 right now, maybe at the time many people in this forum would become millionaires.

[davinchi]

The price moves like crazy these last few days, I mean we have literally seen a push to 6.8k, drop to 5.6k, push to 6.5k, drop to 5.6k, push to 6.9k! and drop a bit, this has been basically showing everyone that bitcoin is not going down because it is literally trying to go up, however it is also quite obvious that it is having hard time going up as well, so we are basically stuck in a very big spread instead.

Spread is normally where you buy and sell and there is a difference, so lets say 6530 to 6500 for example, that 30 dollars is the spread between buyers and sellers, well right now we basically have a 5.5k-7k spread . I know it sounds crazy but that is true you have admit that price has been quite volatile in the past week or 10 days or so.