How low will Bitcoin go?

[swogerino]

Anyone notice the pattern of several weeks in a row now which is quite simple,Bitcoin goes down mostly on weekends and during the week starts to get back the losses up to a certain point.It is going on since 19 May and is more than one month that we are stuck in this pattern.What does this mean?No new factors to push Bitcoin price higher or is because lately the China FUD really impacted the hashrate,difficulty and price of Bitcoin?

[Rajamuda]

hard to guess of course, i don't think it will gong down to $20k I guess, from the price movement.. it's like it doesn't want to go down from $30k, I don't know how much it holds at $30k, well what is clear in my opinion, is a downward phase that does not last long, because it's possible that this decline could be a time to buy and then rise again.

[amihada]

the price of bitcoin is very difficult to predict no one thought the price of bitcoin would be like now but for sure the price of bitcoin will definitely go up again I'm sure, I've bought bitcoin at a high price and now the price has gone down. I don't regret the bitcoin price going down because I'm sure the bitcoin price will go up again because bitcoin for me is an asset for the future.

[ILuckyGuyI]

Bitcoin is on a bad run again. The price went down to $28k some days ago but it recovered quickly. But it is decreasing again. Now it's $30.3k. It wouldn't be surprising to see it below $30k again. The main question is: Will it go down below $20k also this time? I'm really indecisive about it. There is a possibility though but it's hard to predict.

[Obito]

That's a question that no one has a definite answer to because it's kind of like an infinite, we never when will be the end of it so what we can only do is probably guess what point is the prices going to go deepest.

[veznata]

everyone must have a price at which to sell that is "enough" to make you feel comfortable. price will surely go up hard near 2021 summer end. we have to remember price correction was over 50% so it will take some time to break last ATH. Personaly I believe around 30K was bottom and price will be between 30-40K range for some months. the worst thing for price drops like this is that you just have to wait and can't sell even in case you need money badly cause you will be in a great loss. 3-4 years ago i put 100K price limit for selling personally and will stick with it. hope to have another chance to buy back after that.

[Lee_Mire]

I'm sorry but bitcoin bull markets don't end like this. I mean you had a few months of above $50K prices. Bull cycles usually end in massive pumps. Imagine 20k green daily candles for a few days. This feels a lot like 2013 when we corrected midway through the cycle and then went up again. Overall I think we are at the bottom right now. With that being said on a final shakeout move we can see an absolute low of $25K. Lets wait and see.

[lepbagong]

It looks like Bitcoin's been on a constant bloodbath, struggling to get past the $40k mark. China, Elon Musk, among many other things, have caused the crypto market to go bearish. At the time of this writing, Bitcoin sits at around $33k per coin. A couple of days ago, Bitcoin was valued at $31k per coin. This is a good opportunity for those who missed on the train to grab coins at discounted prices. But it's a terrible situation for those who bought some Bitcoin when it was close to the $60k mark.

I'm wondering how low will Bitcoin go in price within the next couple of months? Will we likely see Bitcoin heading back to sub $20k prices? Or it is too late already? Do you plan to buy more Bitcoin and "hodl" strong? Or do you plan to sell it all? Your input will be greatly appreciated. Thank you very much.

the influence of bad news that came repeatedly made bitcoin crash with a very deep correction.
bitcoin had dropped below $30K which is a very crucial price because bad things could happen and could fall even deeper. but finally bitcoin was able to rise to reach the price it has been doing for a long time, which of course is a very stable price so far and lasts the longest in that price range ($30K-$40K).

but the price of the decline near $30K is now happening again and the very fear is it will drop below it and can't go back to increase, even if it will increase it will take quite a long time. hopefully bitcoin will return to a stable position and not try to go down.

the increase so far is still big but it will happen at the end of 2021 and not now, so it's still quite a long time, so there could be a lot. actually this is the moment where if you want to invest in bitcoin, because you can be sure the price you buy will someday be exceeded by bitcoin by creating renewable ATH.

[Henrobakkara]

It looks like Bitcoin's been on a constant bloodbath, struggling to get past the $40k mark. China, Elon Musk, among many other things, have caused the crypto market to go bearish. At the time of this writing, Bitcoin sits at around $33k per coin. A couple of days ago, Bitcoin was valued at $31k per coin. This is a good opportunity for those who missed on the train to grab coins at discounted prices. But it's a terrible situation for those who bought some Bitcoin when it was close to the $60k mark.

I'm wondering how low will Bitcoin go in price within the next couple of months? Will we likely see Bitcoin heading back to sub $20k prices? Or it is too late already? Do you plan to buy more Bitcoin and "hodl" strong? Or do you plan to sell it all? Your input will be greatly appreciated. Thank you very much.

Personally, I don't think this is the time to sell. If you bought in around the ATH $60k and you have not sold till now then, now is not the time to sell, I think we should continue to HODL till Bitcoin recovers because no matter what is going on, It will only take some time before it blows over and the uptrend starts again and those that sold will start to regret why they did. History has thought of much with regards to Bitcoin price movement and we said this for people that bought back in 2017s ATH at around $20k which later crashed to $3k+ and eventually saw $60k+ if they have HODL all this while were in good profits and that's what I see for this market now.

If I had more funds, I will definitely be buying more Bitcoin or even if it goes down some more.

[davis196]

Summer is not Bitcoin's season.
The bearish market will stay during the summer and the beginning of the fall.
I expect a bull market in late November/early December,but I might be wrong.
Now is the time to go on a vacation and forget about Bitcoin price fluctuations,bear markets,bull markets and all that BS.

[Oshosondy]

hard to guess of course, i don't think it will gong down to $20k I guess, from the price movement.. it's like it doesn't want to go down from $30k, I don't know how much it holds at $30k, well what is clear in my opinion, is a downward phase that does not last long, because it's possible that this decline could be a time to buy and then rise again.

There is nothing impossible during bitcoin price fluctuation, the highest price before the recent halving that occured last year was around $20000, the price decreased to less than $4000 like twice before the 2020 halving. If the price of bitcoin can decrease to such, what makes you have the guess it can not decrease below $30000 when the highest price for now was $64000. The price has not been decreasing below $30000 but I am thinking that it will still decrease lower than $30000 and sink more to around $20000 if not lower.

[Amejoaquim]

I choose to buy more and hodl. When i got money from my real life JOB i always spend 50% to bitcoin and another alts like ETH and SOL. BTW, my my last purschase is buy bitcoin in 50k, 38k and 29k few days ago. I hope the price of btc will bouce back to new ATH soon.

[sapnu]

It looks like Bitcoin's been on a constant bloodbath, struggling to get past the $40k mark. China, Elon Musk, among many other things, have caused the crypto market to go bearish. At the time of this writing, Bitcoin sits at around $33k per coin. A couple of days ago, Bitcoin was valued at $31k per coin. This is a good opportunity for those who missed on the train to grab coins at discounted prices. But it's a terrible situation for those who bought some Bitcoin when it was close to the $60k mark.

I'm wondering how low will Bitcoin go in price within the next couple of months? Will we likely see Bitcoin heading back to sub $20k prices? Or it is too late already? Do you plan to buy more Bitcoin and "hodl" strong? Or do you plan to sell it all? Your input will be greatly appreciated. Thank you very much.

After all the issues bitcoin is going through at the moment, it is really hard to predict what would be its lowest value on this bear market. It is just playing within a certain price range and goes along with what is currently happening in the world. If ever bitcoin reaches $20k again, no one for sure is going to let that chance slip on their hands, that might be the lowest bitcoin could be and certainly, others will be firm with their holdings or investments because they are well aware that bitcoin will get a new ATH somewhere in the future.

[ven7net]

It looks like Bitcoin's been on a constant bloodbath, struggling to get past the $40k mark. China, Elon Musk, among many other things, have caused the crypto market to go bearish. At the time of this writing, Bitcoin sits at around $33k per coin. A couple of days ago, Bitcoin was valued at $31k per coin. This is a good opportunity for those who missed on the train to grab coins at discounted prices. But it's a terrible situation for those who bought some Bitcoin when it was close to the $60k mark.

I'm wondering how low will Bitcoin go in price within the next couple of months? Will we likely see Bitcoin heading back to sub $20k prices? Or it is too late already? Do you plan to buy more Bitcoin and "hodl" strong? Or do you plan to sell it all? Your input will be greatly appreciated. Thank you very much.

Unfortunately, no one can say 100% how low the price of BTC will drop at the moment. The latest news shows that there is a fight going on. But what we need to know for sure is that if you would like to invest in BTC, now is a good time to do so, especially since the price of BTC is now half of its past ATH. Personally, I do not sell my BTC as I believe that this is not the right strategy, since I believe that by the end of 2021 there should be another phase of growth in the price of BTC, and that is when it will be possible to fix your profit.

[Philipruch]

The lowest price of Bitcoin can never be as low as $10k and neither can the price can also be ascertained because of it being a medium of exchange and also decentralized

[ziennakarishma21]

In my opinion, if bitcoin price drops to the worst of 10k$ it will be a crisis for all investors, but looking at bitcoin analysis chart, it is at very strong resistance area at 30k $, so no one can specifically determine the future price of bitcoin. but bitcoin is the strongest currency that determines a lot of transactions in the market and i believe in the future it will reach 100k$

[Oasisman]

I'm wondering how low will Bitcoin go in price within the next couple of months? Will we likely see Bitcoin heading back to sub $20k prices? Or it is too late already? Do you plan to buy more Bitcoin and "hodl" strong? Or do you plan to sell it all? Your input will be greatly appreciated. Thank you very much.

$20,000 level is very much possible in the next few days as Bitcoin is currently close to the support level of $30,000.
FUD is just too strong for now, but I honestly don't think it's a problem. That's how Fudster wants to see so they'll have to buy at a much lower price.
I thought weak hands have already left the market lol.

Hodl at this current range, and accumulate more when Btc falls below $29,000. The bounce back will be much higher than $60,000 in the next bull market.

[conected]

hard to guess of course, i don't think it will gong down to $20k I guess, from the price movement.. it's like it doesn't want to go down from $30k, I don't know how much it holds at $30k, well what is clear in my opinion, is a downward phase that does not last long, because it's possible that this decline could be a time to buy and then rise again.

Not only is it very difficult to predict how far the price of Bitcoin will go down, but it is impossible for anyone to know the lowest price of Bitcoin.
Instead of guessing something that no one really knows the answer to, why don't we use the current situation to buy Bitcoin. I am tired of predicting
Bitcoin price movements, so I buy Bitcoin every time the Bitcoin price drops. This can be profitable if we do it now, because I am optimistic that
in the future the price of Bitcoin can rise very high.

- Therefore, we can see that this question is becoming a topic that is too naive, knowing the value at a certain low and position, we probably don't need to look at the price pattern, simply place a few more orders at that price but no one can do that, demand and other factors can influence each other and change the value of bitcoin. Looking for an unrealistic answer only arouses negative emotions, I welcome people like you who are positive and confident, instead of trying to change the situation in the powerless

[Kez1817]

It looks like Bitcoin's been on a constant bloodbath, struggling to get past the $40k mark. China, Elon Musk, among many other things, have caused the crypto market to go bearish. At the time of this writing, Bitcoin sits at around $33k per coin. A couple of days ago, Bitcoin was valued at $31k per coin. This is a good opportunity for those who missed on the train to grab coins at discounted prices. But it's a terrible situation for those who bought some Bitcoin when it was close to the $60k mark.

I'm wondering how low will Bitcoin go in price within the next couple of months? Will we likely see Bitcoin heading back to sub $20k prices? Or it is too late already? Do you plan to buy more Bitcoin and "hodl" strong? Or do you plan to sell it all? Your input will be greatly appreciated. Thank you very much.

I think it will go lower than $20K before it will bounce back. Good to buy more at a lower price and just hold for profit despite of all the negative news.

[Lanatsa]

It looks like Bitcoin's been on a constant bloodbath, struggling to get past the $40k mark. China, Elon Musk, among many other things, have caused the crypto market to go bearish. At the time of this writing, Bitcoin sits at around $33k per coin. A couple of days ago, Bitcoin was valued at $31k per coin. This is a good opportunity for those who missed on the train to grab coins at discounted prices. But it's a terrible situation for those who bought some Bitcoin when it was close to the $60k mark.

I'm wondering how low will Bitcoin go in price within the next couple of months? Will we likely see Bitcoin heading back to sub $20k prices? Or it is too late already? Do you plan to buy more Bitcoin and "hodl" strong? Or do you plan to sell it all? Your input will be greatly appreciated. Thank you very much.

I think it will go lower than $20K before it will bounce back. Good to buy more at a lower price and just hold for profit despite of all the negative news.

Really sad to see that we would be heading go below back in 30k price point and all of those rumors about going even below 20k is something really that possible to happen on where majority is been telling that it is way too far to consider on going to that point.

Whenever there are negative sentiments that do circles around then it isnt actually surprising that the market could really react on that way which would really result into situations like these.

When it comes to reactions and personal insights then it isnt something new that people do freak out and keep saying that this would be the end.
I would rather be readying up my stash or cash for buying back or for some cheaper coins.Chances like this doesnt really come often.