Do you think that the price of bitcoin can come down to below?

[fiulpro]

See I do not think that the price of Bitcoins will go that down .
In simple words :- 50% of the Whole Bitcoins is being owned by whales and the fortunate section of the society , therefore if the price declines and people starts selling it off , then it won't go that below.
This was the mathematical reason .

Now practical :-
Apparently Bitcoins is something that has been providing people like us with some small jobs and people are able to buy and sell their services online at this time , which is helping a lot .

Therefore I do think people will continue to use it for years to come , it is a techno of the future and with time people will understand it.

[ShowOff]

Do you think that the price of bitcoin can come down to below three and a half thousand dollars?

Not for at this time, maybe in the following years with assumption:

• Halving is coming
• High demand
• The price has been pumped

Because the current situation in the world is that the market is not stable because of this epidemic Many experts who have been observing this market for a long time think that the price of Bitcoin will go down again. Now people are very much scared of this epidemic.

Relax, market law still applies to all types of markets and that includes the crypto market. You know, halving bitcoin will happen in the next few days and the price is now pumped because of the increasing number of requests in the market. Although a number of things including the pandemic can be attributed to unstable market conditions, in reality the price of bitcoin has increased despite the ongoing pandemic.

No one in the world will be stable in this market until this epidemic is gone. All other businesses that have other online markets are in the same situation so groom Tamana is not the time to go on the market

Even without a pandemic, the crypto market will not be stable and you also have to admit that crypto prices will continue to change over time and this is called fluctuation.


OP, if you want the stable crypto market then I dont think you will get it unless you keep your assets in a stable coin and I dont think it's something to say as an investment but its like saving money.

[salamat700]

Do you think that the price of bitcoin can come down to below three and a half thousand dollars? Because the current situation in the world is that the market is not stable because of this epidemic Many experts who have been observing this market for a long time think that the price of Bitcoin will go down again. Now people are very much scared of this epidemic. No one in the world will be stable in this market until this epidemic is gone. All other businesses that have other online markets are in the same situation so groom Tamana is not the time to go on the market

Who is "groom Tamana"? Anyway, I think we have already seen in the past that anything can happen with BTC...nothing is impossible including going up fast (so fast that the world can be shocked because they never invested with BTC) or can badly go down (to the level that many holders are crying already). Now, will that happen again? Only time knows what can be. With the recent pandemic, one thing for sure that we have to understand that we are living in the real world and BTC is not something that is shielded from reality.

[vycl87]

It has always been difficult to comment on such topics. Nobody knows exactly the direction of Bitcoin's price. As such, everyone can make predictions and write. The price moves differently compared to the previous halving processes. Nobody predicted the recent price increase. However, the price is in an upward trend. If 10,000 resistance breaks, the uptrend may continue.

Because this halving period interest in Bitcoin is very different from the previous ones. Thousands of Tweets about Twitter about halving are being taken every day. On some television channels we can see evaluations on halving. This time we may have a different course.

[FlightyPouch]

Do you think that the price of bitcoin can come down to below three and a half thousand dollars? Because the current situation in the world is that the market is not stable because of this epidemic Many experts who have been observing this market for a long time think that the price of Bitcoin will go down again. Now people are very much scared of this epidemic. No one in the world will be stable in this market until this epidemic is gone. All other businesses that have other online markets are in the same situation so groom Tamana is not the time to go on the market

Well, the price of bitcoin is quite unpredictable sometimes and it just doesn't stop to amaze us, it could go down that low but I don't think it would happen after the dump since we all know that it would obviously go up after the dump. Even though we are affected by the pandemic, I don't think it would affect the market that big especially bitcoin based on the price movements the past months.

[amrulshare]

that possibility is justified. However, from my point the bitcoin will evaporate higher and more stable at prices above $ 10K going forward. because halving in 2020 this should be of more concern by some miners and of course I don't want the value to be lower. let's be witnesses in the history of bitcoin for a better future

[ballerin and giroud]

You may need to see this article that launched a few days ago https://cointelegraph.com/news/billionaire-paul-tudor-jones-buys-bitcoin-to-hedge-against-inflation

Pandemic has given a bad thing for all countries economic especially for those countries who has a lot of people who affected including US. If this situation still continue I believe there will be many countries who got inflanation. At that situation the people will keep their money in some asset like gold and some comodities. But that news has stated that the billionaire Paul Tudor will buy bitcoin when the inflanation come. This is why I didn't have a bad prediction for bitcoin price, it will go higher than now.

[Assface16678]

There is no impossible into the world of the market especially to the bitcoin if we are taking a look the price of the bitcoin start not even in a single dollar but by the help and support of the people we can now make a lot and huge market income with this but it takes time. Recently we saw the market price of the bitcoin falls down rapidly into a 3k dollars market price in the range for over two to three months and also many people said it is because of the pandemic outbreak which is happening right now into our world but I think it is not related because the only thing getting affected is the fiat currencies.

Today the market price of the bitcoin reaches now over 10k dollars which is already a huge profit to us but if we mind on it it's because of the people support this coin. It is possible that the market price of the coin back into over 3k dollars? Yes, it is because it is volatile and we cannot deny it if the whales or the people who have a lot of investment into the bitcoin pull out rapidly their funds.

[imstillthebest]

its verry possible  . it did dumped hard before alot of times  so why not on the future where more people are said to hop in and means more price hike due demand .

 price hike is the root of dump afaik because most people only come here to earn a profit so they wait for that moment to happen.  but im not wishing for the price to dumped guys so dont hate . peace  

[lumeire]

Do you think that the price of bitcoin can come down to below three and a half thousand dollars? Because the current situation in the world is that the market is not stable because of this epidemic Many experts who have been observing this market for a long time think that the price of Bitcoin will go down again. Now people are very much scared of this epidemic. No one in the world will be stable in this market until this epidemic is gone. All other businesses that have other online markets are in the same situation so groom Tamana is not the time to go on the market

The bitcoin price did already took a massive hit when the Price fell the first time when lockdown was announced amongst the biggest and powerful nations of the world and then it slowly recovered. So now if anything bad doesn't happen then I believe that the bitcoins price isn't going to crawl back to $3500 as you are asking and if the Corona pandemic continues to spread then it will be bad for us and also for the economy of the major countries of the world.

[South Park]

Do you think that the price of bitcoin can come down to below three and a half thousand dollars? Because the current situation in the world is that the market is not stable because of this epidemic Many experts who have been observing this market for a long time think that the price of Bitcoin will go down again. Now people are very much scared of this epidemic. No one in the world will be stable in this market until this epidemic is gone. All other businesses that have other online markets are in the same situation so groom Tamana is not the time to go on the market

While most likely many are going to answer that is not possible that was in fact close to happen not long ago, when the price crashed on March 12 2020 we saw a price of 4600 for each bitcoin which is not that far from what you think we can see, however I think that the panic caused by the coronavirus is slowly leaving the markets so I do not think that we are going to see such crash again but at the same time we cannot completely dismiss that possibility.

[BlackFor3st]

Do you think that the price of bitcoin can come down to below three and a half thousand dollars? Because the current situation in the world is that the market is not stable because of this epidemic Many experts who have been observing this market for a long time think that the price of Bitcoin will go down again. Now people are very much scared of this epidemic. No one in the world will be stable in this market until this epidemic is gone. All other businesses that have other online markets are in the same situation so groom Tamana is not the time to go on the market

Most of the holders of bitcoin who are controlling it's price are the big whales who have huge amount of money in their pocket so epidemic will not likely to affect them that much therefore bitcoin cannot easily goes down to that level where it's price will likely to be below 1k$. Though everything is possible and can happen so the percentage that it will happen is still there but is very low.

And as you can see, the bitcoin price is skyrocketing because of the hype of it's incoming halving so I am not sure if what is happening right now will likely to affect that much in bitcoin price not only if the big whales will boycott the bitcoin or the most of the governments will implement a full ban of bitcoin.

[bitbenzhong]

i think the bitcoin price will up to $100K,but not now,might down when halving finish,let's check it

[Swordsoffreedom]

Do you think that the price of bitcoin can come down to below three and a half thousand dollars?

Not for at this time, maybe in the following years with assumption:

• Halving is coming
• High demand
• The price has been pumped

I think the price will go down a bit after Halving, It is not strange for the price of Bitcoin to fall below 7,000 after next halving, if you do a little technical analysis you will see that 10,600ish is a strong resistance level, if we will break 10,600ish then there is high possibility to touch New ATH again, But being concerned, BTC already has been rejected 10600 resistance level two times in a row.

[Casdinyard]

If everything is possible to happen but there are certain times that they are expected to happen. Now bitcoin has survived the top of covid-19 and people are beginning to invest again in bitcoin. Also looking at the halving, I'm not expecting that price will go down below #3,500.

I believe it won't go below less than $5K as for what I have seen with it during the harsh times of the pandemic there is a strong resistance of the price coming from all direction to prevent a massive dump happening after a FUD of many people. More people now are speculating with the halving ever than before so I am expecting a good run for the bitcoin to have a huge price pump although we are expecting it to dump after the halving since we are tracing what has happened on the past 2 halving.

[maydna]

Do you think that the price of bitcoin can come down to below three and a half thousand dollars?

Yes, of course, it is possible. The bitcoin price itself is volatile, which means, the price will be changed from day by day. If you can accept that, I guess that you would not surprise to see bitcoin price will go up or down. You can use your time to buy low and sell high, and the best thing that you can do is making a profit while bitcoin price increases. When bitcoin price is down, you don't have panic, but you should make another strategy so you can buy low which all traders want.

But the crypto market will recover even if we still see the pandemic is not over yet. Perhaps, after the bitcoin halving finish, the price will start a rally to the higher price, and we will have a chance to see the new ATH.

[Arcas]

If halving not give effect for bitcoin back to higher price how come after halving sure bitcoin keep stable with lower price, lost hope seeing bitcoin on the top price and could break how higher price bitcoin last 2017 reach above $15,000 and now keep lower price although halving just few hours later.

[hahay]

The decline will definitely occur but will not be lower than 5k, as happened before when there was a sharp decline they said if the decline would touch to below 3k but that did not happen at all. This epidemic makes the online market something that is the most popular and thus, the price of bitcoin and other crypto will continue to strengthen even though sometimes there is a correction but it is not a problem, stay calm.

[pakhitheboss]

Do you think that the price of bitcoin can come down to below three and a half thousand dollars? Because the current situation in the world is that the market is not stable because of this epidemic Many experts who have been observing this market for a long time think that the price of Bitcoin will go down again. Now people are very much scared of this epidemic. No one in the world will be stable in this market until this epidemic is gone. All other businesses that have other online markets are in the same situation so groom Tamana is not the time to go on the market

Nope that would not happen.

Although there have been many instances when the price did go down to that level but, it is highly unlikely it would happen again. I think after the halving, Bitcoin price will go down as it has happened in previous halvin but not $3000. In my opinion it will be max $6000.

One thing I am sure is that the price of Bitcoin will go down after having. For me it is an opportunity to accumulate more and if history repeats itself the USD value of Bitcoin should pump next year.

[pixie85]

It's possible but will not happen.

This is like saying that it's possible that the president of the USA goes insane and commits suicide. It sure is! Would you bet on it?

Bitcoin is not going to drop below 3000 dollars without some big problem in the network or a world war, alien attack, a real pandemic not like this fake corona pandemic.