How low will Bitcoin go?

[Oasisman]

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do you really think about it? Seems too much in my opinion mate. And 11k is like another massive decline in the market if bitcoin fall down to that price. Just imagine from 30k above to that price which is 11k what a big difference. For me as long bitcoin still showing strong support it will never go dip wherein it will keep holding until market become fine.

That's why I said that I was eyeballing it meaning that I am not entirely sure and I was just being observant, and of course it is an opinion. Well, the price were 60k back in March but it was almost half of that now and you are saying that it's impossible this time around?

I agree.
No range is impossible for Bitcoin to reach. May it be on a bearish market or bull market.
Some wants the price to fall, so it can be a great time for accumulation. While some doesn't want the price to fall as it'll stress them out.
You have a good point in specifying the huge crash from the last ATH to it's current price.
However, as the huge crash just happened with more than 50% price correction, the market might be in a consolidation period and couldn't fall further down for more than 60%.
Nevertheless, we're all just speculating anyway.

For me, the lowest would be around $25,000.

[janggernaut]

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.

It's not about how low bitcoin can go. But rather how many coins you would accumulated when market crash. It's pointless if you didn't buy or even scared when crash come but won't buy anything. It's same like 2018 when people bought btc at $19k which ATH on that time, many people calling them stupid and anything but if they HODL until now, they are still on profit eventhough they have bought at ATH price on 2018

[rahmatrf331]

All we can do is to drop a wild guess since even if how good you are reading the chart still it will not give you any guarantee that we can say the exact amount will came in future although we can get a basis on it but still we kniw market moves is surprising thats why its hard to tell if we can see lower than 34k or we will go up surge for more these days.

Lucky are those who took the chance of purchasing Bitcoin at $28k.
Even if it's a risky choice, the possibility of bouncing back up is still higher than being dumped after a dump.
This price is where it started before Elon Musk started bombarding Twitter about buying Bitcoin.
So I guess this is where it should also stay. Any price that goes lower at $30k is a good entry point for new investors.

I didn't expect bitcoin to go lower again, but today I see the movement has stabilized and is starting to move to the positive. maybe in the next few weeks bitcoin will start to bounce back, although not much. but this is an opportunity to reinvest.

stabilized ? lol the value reached 36k couple days ago but now struggling to break 35k again so meaning this is not what stable means.

while we all wanted a continues growth yet many are looking for dump so they can repurchase again to hold much more than what we can have.

we hope that bitcoin will bounce back, but we don't realize it and we always inform that bitcoin will go down again, so the information we convey will make investments panic and hesitate to invest, so bitcoin will fall again because of information that makes them worried about invest.

[Abiky]

Lucky are those who took the chance of purchasing Bitcoin at $28k.
Even if it's a risky choice, the possibility of bouncing back up is still higher than being dumped after a dump.
This price is where it started before Elon Musk started bombarding Twitter about buying Bitcoin.
So I guess this is where it should also stay. Any price that goes lower at $30k is a good entry point for new investors.

I don't think Bitcoin will go any lower than $20k anytime soon. That's the "bottom" for Bitcoin right now. After the next halving event, things will no longer be the same. People will miss out an opportunity of a lifetime of getting cheap Bitcoin once it goes all the way to the moon. Imagine if Bitcoin goes to $100k. Current prices will be no longer feasible unless something catastrophic happens by then.

By all means, no one can tell how much Bitcoin will be worth in the future. All we can do is speculate with the hopes of seeing our dreams come true someday. The lower Bitcoin goes, the better it'll be to stack up some more coins for the future. Only smart people will understand that there's more to Bitcoin than meets the eye. Today's low is $20k, but tomorrow it could be different. As long as you buy and sell at the right time, you'll have nothing to worry about. Just my thoughts

[BITCOIN4X]

I don't think Bitcoin will go any lower than $20k anytime soon.

In the near term this may be true, but I'm not sure if bitcoin will be able to stay above $20K until the end of 2021. If bitcoin break the $30K support level again, then I believe the price can drop lower until it reach $25K. But all the time, we're actually seeing something that's really hard to predict. The strong fundamental are currently supporting bitcoin to stay afloat at the $30K+ level.

While we would only imagine that bitcoin will trade above $100k in the future though it would be quite possible if we see how it hit $65k earlier. But I still want the price to come down just to buy some. LOL

[ene1980]

While we would only imagine that bitcoin will trade above $100k in the future though it would be quite possible if we see how it hit $65k earlier. But I still want the price to come down just to buy some. LOL

Everyone is looking forward to see a major correction rather than seeing the price holding above $30k, i missed out the opportunity to invest which i was planning for a long time due to the pandemic and it messed up my entire perception as the market rallied faster than the rest of the rallies we had after the halving and if the price goes down before the next rally i would be happy to invest as i am still expecting the market to move well in a few months.

[darewaller]

I think $20K or lower is possible though it is sad to see bitcoin will go down to this low price but it is really possible. I mean any value is possible for bitcoin but for now a $30k -$35k market price resistance of bitcoin obviously struggling and as I remember bitcoin price hit already below $30k last time. Also there are some speculations that the probable huge market price drop of bitcoin will surely coming as we are approaching on the bearish months.

Remember that just because there is a resistance doesn't mean that there isn't support neither. If you keep seeing the price going up and fail to go up even more so it goes back down and try to go up again, that means meanwhile it fails to go down as well.

For example, right now we are going between 30k and 40k, and yes you can look at the current situation and say something like "bitcoin is failing to go over 40k" and you will be right, but you will be ignoring the fact that it is also not going under 30k neither, did it just once and bounced right back up very quickly. So if you think that price failing to go 40k means it will drop, at the same time some other person can look at it and say that it is failing to go under 30k so it will go up as well. You both would be equally right because nobody knows what bitcoin will do, we just try to guess it and that's it, it will not go up or down because of one thing, it will just do whatever market says it should.

[DeathAngel]

I hope we’ve already seen the bottom of the China induced correction. I’m not feeling too confident about the price at the moment though. It just feels like big players are desperate to see the price go lower. I’m desperate to see the trend reverse & restart the bull run.

[barota]

bitcoin can fall under 20000 usd, prices can touche 15000 usd per btc , for sure if the bear market continue , the support 30000 seem good till now , if the support fall and priced touche 27000 usd iam sure  price can continue falling to 25000 usd per btc in the same day . the predection of market is very dificult and now when know what will happend for the market in the future . find an excat bottom is very dificult for this reason the current prices does not seem like bottom

[rahmatrf331]

bitcoin can fall under 20000 usd, prices can touche 15000 usd per btc , for sure if the bear market continue , the support 30000 seem good till now , if the support fall and priced touche 27000 usd iam sure  price can continue falling to 25000 usd per btc in the same day . the predection of market is very dificult and now when know what will happend for the market in the future . find an excat bottom is very dificult for this reason the current prices does not seem like bottom

I'm less sure that bitcoin will go down again, I'm more confident that it will slowly bounce back. lately we have read a lot on the news that many investors will switch to bitcoin and see bitcoin a very good investment.

[UserU]

bitcoin can fall under 20000 usd, prices can touche 15000 usd per btc , for sure if the bear market continue , the support 30000 seem good till now , if the support fall and priced touche 27000 usd iam sure  price can continue falling to 25000 usd per btc in the same day . the predection of market is very dificult and now when know what will happend for the market in the future . find an excat bottom is very dificult for this reason the current prices does not seem like bottom

All it takes is just one rich influencer to sway the market and everything else will follow suit.

[Hippocrypto]

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 would still prefer to hold instead of selling my asset, and if the price goes down below $30k again I won't hesitate to accumulate my asset quantity. We need to act quick this time, don't miss every chance that's going to initiate randomly. For next couple of months, I believed recovery starts to amaze all of us so we need to embrace the profit that we've been longing for years.

[DU18]

bitcoin can fall under 20000 usd, prices can touche 15000 usd per btc , for sure if the bear market continue , the support 30000 seem good till now , if the support fall and priced touche 27000 usd iam sure  price can continue falling to 25000 usd per btc in the same day . the predection of market is very dificult and now when know what will happend for the market in the future . find an excat bottom is very dificult for this reason the current prices does not seem like bottom

All it takes is just one rich influencer to sway the market and everything else will follow suit.

Do you mean like elon musk?

In my opinion it will only destroy the bitcoin market if a rich person like elon musk can control the market with the wealth he has, we can see how now elon musk manipulates the market with the influence he has and whenever he wants of course he can make the market direction follow he desires, that's why it's too risky if we expect someone rich to have influence in crypto, maybe when he buys of course the price goes up and when he sells all his assets won't that destroy the price of bitcoin later?

[geegaw]

bitcoin can fall under 20000 usd, prices can touche 15000 usd per btc , for sure if the bear market continue , the support 30000 seem good till now , if the support fall and priced touche 27000 usd iam sure  price can continue falling to 25000 usd per btc in the same day . the predection of market is very dificult and now when know what will happend for the market in the future . find an excat bottom is very dificult for this reason the current prices does not seem like bottom

When we know the exact bottom price, we are no longer an investor, we have officially taken over the market and controlled it in our hands but quite unfortunately until now, we are mostly still starting as investors, determining the bottoms can only be based on supporting tools and here, the daily signal shows us how much bitcoin is moving and it is clearly inconsistent, a few days will be bullish but a few days will be bearish. For position shifts of such a style, we only try to observe mainly, unable to make a completely suitable estimate.

[lepbagong]

bitcoin can fall under 20000 usd, prices can touche 15000 usd per btc , for sure if the bear market continue , the support 30000 seem good till now , if the support fall and priced touche 27000 usd iam sure  price can continue falling to 25000 usd per btc in the same day . the predection of market is very dificult and now when know what will happend for the market in the future . find an excat bottom is very dificult for this reason the current prices does not seem like bottom

So far, your estimates, which I'm also afraid of, won't happen, if it happens to drop to $20K, of course it's a disaster that's hard to get up again. bitcoin has been around for a long time at current prices like this because the prices are stable. let bitcoin be able to prepare itself to wait for the time to be able to gain momentum to make it a stepping stone to increase in the end.

actually the price received by bitcoin has not moved too much in the $29K-$40K range and it's been going on for a long time and when it goes down it won't take long to go up again. this movement has been consistent so far and it should be easy to determine what we are going to do. so we can be sure the bitcoin market price is very stable.

[freedomgo]

At this moment, it's not good to hold bitcoin if you are aiming to increase your holding.

I would agree with some investors who think of selling their bitcoin and just bought back when bitcoin dump.
With the current movement of bitcoin, it's possible that we will dump below $30k and worse is it will dip until $10k.

That could be too low since we got $60k, but based on history and its trend, it's not impossible.

[LUCKMCFLY]

At the moment BTC has many technical possibilities of giving itself a very good move, in fact some analysts, the most optimistic, are talking that it could possibly reach $ 41k, which would not fall badly, it would be one of the best things they can do. occur in the market, if the whole bullish scenario occurs I think it can reach this target, in fact this analysis proves it:

BTC had to surpass some short-term hurdles in an attempt to reclaim $41,000, but the indicators did tilt towards a bullish outcome. However, traders must be cautious of getting too optimistic. If the next wave of selling pressure drags BTC below the $33,000 mark, its bullish setup would be negated.

Source: https://ambcrypto.com/when-can-bitcoin-reclaim-41000/

Due to this I do not think that BTC now makes movements below $ 30k, however, you have to be moderate with respect to the corresponding investment, it is necessary to highlight that now BTC what many expect is to be able to reach $ 100k according to the model S2F.

[lenovop-70]

It could go to $10k but it will eventually go back up. It really depends on many economic factors. It always goes back up, as long as the internet is around.

I like when you said "it will goes back up" it's make me feel comfy, and the fact is like what you said above. The price will goes up and down depend on market supply and demand, with some issues and rumors, BTC will always goes up. IMHO no one can resist the existing of bitcoin and his technology, it's just about time when it will explode.

[rhodelmabanal]

It could go to $10k but it will eventually go back up. It really depends on many economic factors. It always goes back up, as long as the internet is around.

I like when you said "it will goes back up" it's make me feel comfy, and the fact is like what you said above. The price will goes up and down depend on market supply and demand, with some issues and rumors, BTC will always goes up. IMHO no one can resist the existing of bitcoin and his technology, it's just about time when it will explode.

I agree on that I still expecting that btc will soon rise up to 100k$ at the end of this year. Bitcoin will never fall back to 20k$ and in the near future 200k$ is easy for bitcoin as a new ATH. We are now in a modern world with a modern technology so there is a big possibility that soon many more people will used bitcoin and it will make the bitcoin price up.

[Asuspawer09]

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.

In my opinion, the market price of bitcoin was not like to drop below 30k$ because for me that was just too low for the price of 1 bitcoin, I would definitely buy one when the market price drop below even at 25k$ because the potential profit in the future of this kind of investment was just too high. Below 20k$ was just impossible because people just see how bitcoin could explode when it surpasses the old ATH record around 20k$ so probably there will be a lot of experience traded that will hold it for sure.

Probably it could stay a few months up to ber months but might be even more, we just don't know the even time it could easily happen, but I'm not gonna be surprised will be bitcoin price drop below 30k$ or even if it exploded to 70k$-100k$ in the coming months because we all know how bitcoin is different in another cryptocurrency I think it will reach even 200k$ at the end of the year.