What will be the lowest price of bitcoin from June to December 2021

[Tellek Garing]

What did you think can be the lowest price of bitcoin in 2021 from June to December. The price of bitcoin has been within $30,000 and $35,000 for long, if the price go beyond $35,000, it is not still passing $40,000. Now that the price is always very close to $30000, I am think it is possible for the price of bitcoin to go below $30000. Is it possible for the price of bitcoin to decrease beyond this level?

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[jackg]

I think there are 4 situations that we could see from here:

Bearish:
Rally past 44k and then breakdown to 20k.
Just keep going down, breaking 30k once already means we could be in a good position for it to break down further.

Bullish:
Break the 28k mark and go down to 25k, at which point a lot of people try to buy in and push the price up into a new rally - potentially stabilising around 55-60k before shooting through.
Just keep going up and breaking out at 44k upwards. I think we've already seen a breakdown (potentially) in the current sideways pattern which means an up move is a bit more likely.

You might be better off using your own personal bias to drtermine whether you're bullish or bearish. I still consider we're in a bull market for at least a few months but we might just be on a slower plateau for it...

[Boov]

What did you think can be the lowest price of bitcoin in 2021 from June to December. The price of bitcoin has been within $30,000 and $35,000 for long, if the price go beyond $35,000, it is not still passing $40,000. Now that the price is always very close to $30000, I am think it is possible for the price of bitcoin to go below $30000. Is it possible for the price of bitcoin to decrease beyond this level?

We can't predict to a certain level and everytime we're going to say it specifically, that doesn't come to a point that accurate figures will be meet. Only price I can point out the lowest before another swing will start, is $28k and there it goes a road towards $80k upward. There's still tolerance to consider, don't take it precisely because of volatile behavior.

[goinmerry]

I am think it is possible for the price of bitcoin to go below $30000. Is it possible for the price of bitcoin to decrease beyond this level?

It was always possible, with or without an intentional scenario to pull the price down.

Giving speculation on what will happen during the next 6 months doesn't really have an accurate answer even we will consult a professional analysis.

What we can do is to form our own speculation out from our own analysis thru our own factors and considerations.

[hugeblack]

The option of reaching a bottom below 20 thousand is excluded for many historical reasons, so I think that the range between 25 thousand to 28 thousand would be reasonable.
I wouldn't be surprised if you saw the price drop any further but it would be a very acceptable result.
So my exact estimate of the bottom will be around $27,000 by the end of this year.

[philipma1957]

What did you think can be the lowest price of bitcoin in 2021 from June to December. The price of bitcoin has been within $30,000 and $35,000 for long, if the price go beyond $35,000, it is not still passing $40,000. Now that the price is always very close to $30000, I am think it is possible for the price of bitcoin to go below $30000. Is it possible for the price of bitcoin to decrease beyond this level?

Who cares?

I don't care about the price in 2021 or 2022 or 2023 or 2024 even 2025 but in 2026 the wife will be 70 I will be 69 and driving a 160 miles round trip to work on the mine maintenance will be pretty old.

So It better be 200k by 2026. I would be looking to retire by then.

[cryptoaddictchie]

What did you think can be the lowest price of bitcoin in 2021 from June to December. The price of bitcoin has been within $30,000 and $35,000 for long, if the price go beyond $35,000, it is not still passing $40,000. Now that the price is always very close to $30000, I am think it is possible for the price of bitcoin to go below $30000. Is it possible for the price of bitcoin to decrease beyond this level?

There are a lot of scenarios and factors, well some mentioned it already. But an event that could change it positively or negatively can always be a factor. Remember how bad it is last year drop when the pandemic hits right? For sure everyone has been shocked by this and then bull run happened after that. In my opinion, also considering the historical information as well we can assume that bitcoin wouldnt go down below 27k as last support but only will rally until the price now and might eventually set another bull run or another tragic dump.

[NeuroticFish]

I may be overly optimistic, but I think that we've already had the bottom for this year.
However, as said, who cares? Especially as it's agreed that we're still in the bull market.
And no matter what, on the long term (~4 years) it will surely rise (too) big time, so we're just fine.

[pooya87]

Price has already fallen 50%, there is no more dump left specially during the bull market if you look at the yearly charts. In fact the more realistic bottom where price would have been closer to intrinsic value should have been about $47k, the current price is still a reverse bubble and bubbles aren't known to become bigger than they can for both the regular kind and the reverse kind.

[Poker Player]

I may be overly optimistic, but I think that we've already had the bottom for this year.
However, as said, who cares? Especially as it's agreed that we're still in the bull market.
And no matter what, on the long term (~4 years) it will surely rise (too) big time, so we're just fine.

I'm an optimist too, and since I'm going long term, I don't care much about this sideways. What I do wonder is what would happen if for whatever reason the price goes below $20K. It would be breaking a historical trend, and there some predictive models would have to be rethought.

In any case, I don't think it will happen. I also think we've already hit the bottom and when the price goes up and breaks $40K again, we're going to $100K easy.

[Oasisman]

What did you think can be the lowest price of bitcoin in 2021 from June to December. The price of bitcoin has been within $30,000 and $35,000 for long, if the price go beyond $35,000, it is not still passing $40,000. Now that the price is always very close to $30000, I am think it is possible for the price of bitcoin to go below $30000. Is it possible for the price of bitcoin to decrease beyond this level?

If you take a look at how much Bitcoin have fallen from it's last ATH, this current price will be considered as a bearish market. Bottom might be $30,000 and Bitcoin might not be falling back below $20,000. Nobody knows actually, but my prediction are based with Bitcoin's popularity and adoption today.
Nevertheless, the bottom from June to December doesn't matter anyway If you're not looking to make a good entry point. Some people are just too worried If Bitcoin will experience another dip, out of their mind it's infact a good entry point.

[Obito]

Price has already fallen 50%, there is no more dump left specially during the bull market if you look at the yearly charts. In fact the more realistic bottom where price would have been closer to intrinsic value should have been about $47k, the current price is still a reverse bubble and bubbles aren't known to become bigger than they can for both the regular kind and the reverse kind.

Well, it's not like the prices hasn't gone down much lower than 50% in the past so I don't think that it's going to stabilize below that, there's still a possibility that bitcoin will go much lower than what everyone might expect. There's no exact number where bitcoin mightget lower but there's still a likely chance that it will be more than just 50% as you've said.

[Ararbermas]

What did you think can be the lowest price of bitcoin in 2021 from June to December. The price of bitcoin has been within $30,000 and $35,000 for long, if the price go beyond $35,000, it is not still passing $40,000. Now that the price is always very close to $30000, I am think it is possible for the price of bitcoin to go below $30000. Is it possible for the price of bitcoin to decrease beyond this level?

in my personal opinion I'm not sure because on this current bitcoin become very unpredictable and stable wherein it always keep holding the price around 30k when it plunges, so it means it still have strong support.? As the matter of fact 29k is already tested since the hard declined but after that it didn't go there anymore and bitcoin keep maintaining the support.  If there's another negative news before this year end perhaps it's possible to lose support and keep decreasing.

[davis196]

What did you think can be the lowest price of bitcoin in 2021 from June to December. The price of bitcoin has been within $30,000 and $35,000 for long, if the price go beyond $35,000, it is not still passing $40,000. Now that the price is always very close to $30000, I am think it is possible for the price of bitcoin to go below $30000. Is it possible for the price of bitcoin to decrease beyond this level?

Let me pick my crystal ball and I will tell you.
Both scenarios are possible.The price might go below 30K or it might go above 40K.We just need some forces that will push the market to a certain direction.In the first case,we need FUD and some crypto whales selling their coins and creating panic selling.In the second case,we need some really positive news about a billionaire or a major corporation buying lots of Bitcoins and creating a FOMO wave on the BTC market.
The problem is that all the crypto whales and big company CEOs are on a vacation this summer,so they don't care about Bitcoin right now.

[pooya87]

Price has already fallen 50%, there is no more dump left specially during the bull market if you look at the yearly charts. In fact the more realistic bottom where price would have been closer to intrinsic value should have been about $47k, the current price is still a reverse bubble and bubbles aren't known to become bigger than they can for both the regular kind and the reverse kind.

Well, it's not like the prices hasn't gone down much lower than 50% in the past so I don't think that it's going to stabilize below that, there's still a possibility that bitcoin will go much lower than what everyone might expect. There's no exact number where bitcoin mightget lower but there's still a likely chance that it will be more than just 50% as you've said.

True but price can't fall down a lot for no reason. If you look at all those cases where there were a big drop (like the 85% in 2018) there were always a solid reason for that drop.
- Any large drop such as the 30% to 35% is because of fast rises during the bull run and act as a correction.
- Any massive drop such as 80%-85% is always because of the massive bubbles that shape and have to burst catastrophically.

What we have right now is the first type, a correction during a bull run due to a fast rise so there is no logical reason for 50% drop that we currently have let alone for a bigger one.

[cryptomaniac_xxx]

Price has already fallen 50%, there is no more dump left specially during the bull market if you look at the yearly charts. In fact the more realistic bottom where price would have been closer to intrinsic value should have been about $47k, the current price is still a reverse bubble and bubbles aren't known to become bigger than they can for both the regular kind and the reverse kind.

Well, it's not like the prices hasn't gone down much lower than 50% in the past so I don't think that it's going to stabilize below that, there's still a possibility that bitcoin will go much lower than what everyone might expect. There's no exact number where bitcoin mightget lower but there's still a likely chance that it will be more than just 50% as you've said.

I think the keyword here is that we are still in the bullish phase although the price seems to go down -50% at some point. So much lower than that then we could be really seeing bearish cycle. But it ain't, price is still on the consolidating phase, pretty much boring for the majority, but still a good sign that the bull run for this year is not yet done. And with that said, I don't think that we are going to see $20k anytime soon. We may have reach the bottom of this phase from a super fast rally in the last 5 months.

[philipma1957]

I may be overly optimistic, but I think that we've already had the bottom for this year.
However, as said, who cares? Especially as it's agreed that we're still in the bull market.
And no matter what, on the long term (~4 years) it will surely rise (too) big time, so we're just fine.

I'm an optimist too, and since I'm going long term, I don't care much about this sideways. What I do wonder is what would happen if for whatever reason the price goes below $20K. It would be breaking a historical trend, and there some predictive models would have to be rethought.

In any case, I don't think it will happen. I also think we've already hit the bottom and when the price goes up and breaks $40K again, we're going to $100K easy.

The diff dump from 25.04 to 14.? which will soon be to 13.9 is an historical trend that has been broken.

This is new territory.

MY btc mine is earning almost 2x the coin it was in may with no gear expansion.
My btc mine is earning  almost the exact amount of fiat if I were to cash the btc as I was in may.

For any gear owner that has paid off gear this is still bull. A paid off s17 makes 50 x 29cent or 14.50 usd a day power is 60kwatts or 6 dollars at 10 cent power that is 14.5-6 = 9.50 a day

he can sell 7.50 of the coin. pay the power pocket 1.50 and hodl 7 usd worth of coin.

The market is holding together due this happening. (my guess)

For instance I can hodl 1 btc in this address

https://www.blockchain.com/btc/address/12M8G8N48u1DqFqFUVh7N2axGFWSLh16Pk


as long as I want and simply cash the rest of the coins.

My worries are not about price dropping to 20k they are about the diff and where it goes for the next 2 months.

[michellee]

I only guess with instinct

If the bitcoin price is going down and break $30k or $25k, it will still go down until $20k and maybe that can be the lowest price for bitcoin from June to December 2021. But that is only my guess and I do not know if that will really happen or not but hopefully, that will not happen this month or next month. You can always analyze more to find how much the lowest price of bitcoin to set your target buy price.

[Lucius]

I don't care much about this sideways. What I do wonder is what would happen if for whatever reason the price goes below $20K. It would be breaking a historical trend, and there some predictive models would have to be rethought.

At this point, any major negative news can bring down the price below $30k, and just a $10k change in one day isn’t something we haven’t seen many times before - so I wouldn’t be at all surprised to touch a new bottom. The thing is that many bet that it will happen, but in my opinion, as time goes on they have less and less chance of it, because if China mining ban + EM failed to do more damage, the question is is there anything more negative than that?

In any case, I don't think it will happen. I also think we've already hit the bottom and when the price goes up and breaks $40K again, we're going to $100K easy.

I also think that this will not happen, and that the price will go up in Q4 as a result of halving and perhaps again increased interest from institutional players. One thing is for sure, the price cannot remain so stable for a long time - and I believe we will find out in which direction it will go in a month or two.

[barota]

prices bitcoin already touch 29k at the end of past month june , the support 29k is like 30k , the next support is 25k , there is different probabilities for the future of prices bitcoin , prices can stable between current prices and 40k or prices will tradable under 30k this mean 20k and  27k , the traders have talk about two trend bear and bull market , no one know the future of prices bitcoin for short term or next 6 month , buying when prices fall is better than buying expensive but it is very dificul to find an exact bottom