What happens if BTC's price falls to $8,000?

[lionheart78]

That picture said it all already . Kidding aside, it will be a disaster for some investors, who easily panic when they see Bitcoin going down.

It will be if they sell.  It wouldn't be a disaster if they panic and yet don't sell because the only thing that makes these holders lose is when they sell their BTC at a lower price than they accumulated it.

Some investors see it as a disaster, while some see it as an opportunity. As an investor, the first thing we need to learn is to be patient and calm when everything isn't going into our way. Not panicking is the key, and as much as possible don't make unnecessary decisions that might affect your capital and yourself as well. If you see that cryptos are going down, the best thing to do is to not see the charts at all or at least stay away from crypto.

Thos who have a positive outlook in BTC would see this as an opportunity. Since they believe that the value of BTC will be uptrending when the market recover, they will always see that the crash of BTC price is the time of accumulating it in a discounted price.

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[Hydrogen]

Bitcoin was worth $12 when I first began using it.

A mere 700 x increase would still represent massive gains for early adopters.

Miners could have difficulties with maintaining their bottom line. But those who mined with free electricity (or exceeding low energy costs) would still earn a profit.

US states like texas who rely upon crypto miners to fund their newly constructed wind energy farms could subsidize crypto mining to keep it sustainable if prices declined that far.

"Buy the dip" could also heavily factor in with BTC rewards halving inching nearer every day.

[traderethereum]

A big panic from people
That may happen to them, especially for small and medium investors who already bought bitcoin at a high price and in the market, there will be a panic sell from them.
But the big investor will be happy to buy bitcoin at that price because the price is lower and they might not see that in the next year.
But after the price reaches the lowest price, sooner or later, the price will bounce and start the rally.

Sure, weak hands will surely panic but those who have faith in Bitcoin won't budge.  They will see it as an opportunity to bag more BTC.  This kind of price decline already happened way back 2018-19 when the price of BTC plummet hard after reaching its ATH on 2017.  So I think this kind of event won't shrug off holders that had witnessed the previous price crash of BTC.

They will regret ignoring the low price for a weak hand because they didn't buy it and just watched the price move.
As long as they can stay strong in holding bitcoin, they will witness the rise of bitcoin, increasing its price to earning big profits again.
Bitcoin holders who don't sell their bitcoins when the price is down will surely be happy to see the price rally towards higher prices because that is the moment they have been waiting for.
Therefore, we must have a strong hand to hold bitcoin.

[Semar Mesem]

Anything can happen, a red market for almost 7 months of course makes investors impatient and may choose to sell, if the price drops below $8000 then I'm sure it will be difficult to rise, there will be many altcoins and projects that are difficult to survive and make us have to always alert.

[Joshapat]

The trend every 4 years seems to be repeated again, I experience 2 times, namely 2014 and in 2018, and when the trend occurs, I leave cryptocurrencies and waiting for the market to improve again, this is an investment that is not always profitable, so we must always be realistic if we invest

[buwaytress]

It would be a significant opportunity to build back of course,

I agree, it is a great discount if price falls back to $8000 considering the ability of the Bitcoin market to bounce back and recover to breaking series of ATH.

It's a great discount now. $8000 would be a remarkable steal. I just wonder if there's enough in the bank to break $100,000 and stay above that. The lowering ATH magnitudes say no, but then a six-figure US value would be something of a huge psychological gain, the FOMO after that may very well sustain prices above and beyond, so yeah, getting in at $8000 BTC would be nothing short of a market coup.

[davis196]

I expect more and more people to write forum threads titled "What happens if Bitcoin price falls to {insert random price here}?" 
Yes, the central banks will rise the interest rates, but this will happen slowly. No central bank is going to take drastic measures.
Yes, the financial markets were flooded with fiat money during the last decade, many financial assets were overpriced, Bitcoin might be one of them. The market players will have to stop swimming into boatloads of easy fiat money and learn to exist in a stagnant environment.
In the long term, the central bank would never stop with the money printing, so there will be another economic cycle of quantitative easing, after the war in Ukraine ends.
Prepare for the crypto winter, just HODL and buy when the price drops even further. There's no room for panic.

[maydna]

Anything can happen, a red market for almost 7 months of course makes investors impatient and may choose to sell, if the price drops below $8000 then I'm sure it will be difficult to rise, there will be many altcoins and projects that are difficult to survive and make us have to always alert.

Let those investors impatiently wait because I think the market will stay like this for a while, and it may last until the end of the year. But hopefully, the forecast is wrong, and after the middle of the year, the market starts to reverse upwards so that we can get back to profit again. If the price drops below $8000, I will buy more bitcoins because it's a huge discount for us, and I don't want to miss the moment.

[arwin100]

Anything can happen, a red market for almost 7 months of course makes investors impatient and may choose to sell, if the price drops below $8000 then I'm sure it will be difficult to rise, there will be many altcoins and projects that are difficult to survive and make us have to always alert.

Let those investors impatiently wait because I think the market will stay like this for a while, and it may last until the end of the year. But hopefully, the forecast is wrong, and after the middle of the year, the market starts to reverse upwards so that we can get back to profit again. If the price drops below $8000, I will buy more bitcoins because it's a huge discount for us, and I don't want to miss the moment.

To many forecast about the possible price would be reached but actually this is just a guess so chances that this might not happen because many people are starting to move on bear market issues and we see something good happen even if we see the market falls for couple of weeks already. But for sure as old days happened on bitcoin we can still see a price full recovery since this is what whales earning for and for sure they will help to hype up until bitcoin recover back again. If bitcoin would really reach at $8000 then most provably many investors including me will buy bitcoin at that time.

[Smartprofit]

The crypto market isn't essentially or intrinsically affected by the situations of other financial markets. The reason it is being dragged along is that many investors trade on multiple markets (together with many other factors). They usually move assets here and there but sometimes, they scrape off multiple assets into their pockets all at once. Some of them treat their crypto assets as a lifejacket, which keeps them afloat when the rest of their assets are sinking. Dependence on crypto usually entails increased sell-offs.

Just when we thought things are starting to quiet down and getting ready to swing back, the Federal Reserve announces that they will raise interest rates and tighten their monetary policy to combat inflation, landing another strong blow on the already beaten financial market. And we're likely to see more interest rate increases in the future until they bring inflation under control. One expert says that if economies don't hold up amid these hikes, Bitcoin's price might plunge further to about 70% of its current price, which is around $8000.

But of course, the Fed is careful not to trigger a full-scale recession that will take years to reverse so they'll jack up rates slowly to allow economies to grow simultaneously. Aggressive hikes are out of the question. Raising interest rates helps slow down the economy. When the economy reaches a point tolerable for both consumers and providers, it will start increasing its pace again. This will hopefully prevent any unwanted trends in the crypto market.

But like every bear market we've faced in the past, this situation is temporary. No matter how low Bitcoin's price goes from here, it will recover. That's because the only significant issue big investors have with Bitcoin and crypto, in general, is that they are, in the words of ECB chief Christine Lagarde, "worth nothing." And this can be solved by creating an ecosystem where people get used to using cryptocurrencies for transactions and are confident they will hold their value, which can be achieved with additional technological advances.

If there's one thing humans are good at, it's creating technological advances. And if there's one thing that won't slow down or stop from advancing anytime soon, it's technology. So we are heading that way no matter what.

I read the opinion of another expert who wrote that the Fed will only raise rates until the fall of 2022. 

During this period, the price of bitcoin and technology stocks will fall. 

Why is the Fed raising rates? 

This is due to the fact that ahead of the elections to the US Congress.  World inflation is transforming into consumer inflation.  Food and household goods (essentials) are getting more expensive.  The US household suffers from this - that is, potential voters.  The Fed cannot ignore this.  Therefore, emergency measures are being taken to combat inflation. 

After the elections to Congress, the situation will change.  The need to stimulate economic growth will come to the fore.  This will require cash injections into the economy. 

Against this background, the price of bitcoin will begin to rise again.

[Kasabus]

A big panic from people
That may happen to them, especially for small and medium investors who already bought bitcoin at a high price and in the market, there will be a panic sell from them.
But the big investor will be happy to buy bitcoin at that price because the price is lower and they might not see that in the next year.
But after the price reaches the lowest price, sooner or later, the price will bounce and start the rally.

Investors who always anticipate that bitcoin price will continue to move up, surely they will start to panic and think that their investments will be over. But for those wise investors who take advantage when there is a big crash, i guess they will never stop on buying bitcoin unless its value surges again. The fact that bitcoin will always recover and increase its value, then there's no reason not to buy when bitcoin is in dip.

[Vaculin]

I suppose I would buy a few more coins.

Then you're not alone. A lot would be taking advantage with the current price and buy more bitcoin for long term hodling. While others are in panic and fearful, let's be greedy this time. Though being greedy do not result into positivity, but i think this is an exception. Its good to always seize the opportunity and be profitable in the future, than to stay skeptical and end up missing another opportunity again.

[YOSHIE]

Back to back $6000 has happened, I don't see anything strange about the crypto or Bitcoin market, only those who are willing to take risks want to keep it, what more if Bitcoin has to be $8000, of course users who have money will have good luck in the future.

You have to regret Bitcoin's position at the $8000 level, if you don't buy and save, when it returns to the $80k price. of course, if $8000 is repeated I dare to take part for Bitcoin.

[Zilon]

Not scares me any longer in the crypto space. I'm gradually learning how to get prepared in any face of the crypto market condition. if the price could fall from $68k back to $28k then hitting $8k can also be achievable and that will be a good red candle to buy. The goal for now is to recover from the lost opportunity to buy if it ever presents that offer again

[Dunamisx]

A big panic from people
That may happen to them, especially for small and medium investors who already bought bitcoin at a high price and in the market

let's be real and practical here bitcoin price can never and will never go down as low as that, we are talking about $8k where on earth? consider the last limit it could go dip to be the rate it pick up from the last Halving, the lowest it could go is within the range of $20k and after which it likely to break the all time record of $68k and once this is achieved, is it also believed that whenever there's a dip run it cannot go below the $68k of ATH after the 2020 Halving, bitcoin has a strong resistant to withstand any volatile changes in its price as you cannot make comparison with other cryptocurrencies.

But the big investor will be happy to buy bitcoin at that price because the price is lower

it is believed that whenever there's a bearish move on bitcoin price speculation, investors makes a quick move to secure a position for an investment most likely on a long term, yes this is the possibilities everyone could best look in for when it happens this way, buying low and selling high to make profit but over a long period.

[Cookdata]

The last time it fell below $4000, heaven didn't fall, the patient investors who never sold enjoyed what it takes to be a holder of bitcoin, and more people became bitcoin holders. If the price should go to that level, I will be happy to buy too and trust me, many will become at least twice what they have been holding all this while in their bags.
While the market is been bearish with many calls, speculation and bad comments, to be sincere I don't think the bitcoin price will fall to that level unless we see something more disastrous than we had during the corona period. Again, if bitcoin should go that low, the stock would come close to an end too.

[Bitstar_coin]

Opportunity of a lifetime that would be, btc going as low as 8k and you will seat back and watch without scooping some up knowing the potential. I also saw that article and I didn't take it serious. What will cause btc to dip so low! I doubt we can see such low price but if for some reason it happens better hope you have got some cash to take advantage.

[emmy.princet]

One expert says that if economies don't hold up amid these hikes, Bitcoin's price might plunge further to about 70% of its current price, which is around $8000.

I'm definitely not saying it's impossible (because it's always a possibility) — but if you've been in this industry long enough, you'd immediately realize that you shouldn't listen to these so-called "eXpErTs".

Also take note that for every bearish "expert", there will always be a bullish "expert". Listening to them is a total waste of time.

But whatever, if it reaches $8k, I'll be really happy.

Nothing is impossible in the crypto space. Bitcoin started it journey at $0 around 2009. With few investors, it moves up gradually. Alot of people get to know about this digital currency and keep investing. Bitcoin turns alot of investors to billionaires as it moves to $19,650 around December 2017. At this point, some investors invested and immediately started experiencing a bearish movement. Most of them lose alot as some sold it in panic due to the fall of Bitcoin to $3,468 in February, 2019. This same Bitcoin move up to $61,531 in November 2021 and it's around $30,000 today. Crypto- currency are volatile and one should expect anything. But if it dropped to $8000, It' an advantage for new investors and will cause great panic to old investors with little knowledge about Crypto volatility. But for me, I will load my bag with enough I could buy with my spare money as I know history will definitely repeat itself soon.

[bitzizzix]

If the price of bitcoin drops to $8000 I will not repeat that mistake again and this is a dream come true or an event that will repeat itself, and I will not waste it.
I will buy as much bitcoin as I can afford and I will even sell something expensive to buy it, and I will just sit back and wait for the bitcoin price to hit ATH considering the history going in 2021 is over 68,000 and maybe if history repeats it will hit $100,000 New ATH.
and if it comes true i will buy as much as i can and wait for the bitcoin price to hit $100,000 although it will take a long time because i already know it due to history, even though it will not be possible and just a dream if the bitcoin price drop reaches $8000.

[Mahanton]

If the price of bitcoin drops to $8000 I will not repeat that mistake again and this is a dream come true or an event that will repeat itself, and I will not waste it.
I will buy as much bitcoin as I can afford and I will even sell something expensive to buy it, and I will just sit back and wait for the bitcoin price to hit ATH considering the history going in 2021 is over 68,000 and maybe if history repeats it will hit $100,000 New ATH.
and if it comes true i will buy as much as i can and wait for the bitcoin price to hit $100,000 although it will take a long time because i already know it due to history, even though it will not be possible and just a dream if the bitcoin price drop reaches $8000.

Simple to say but when you are on the situation on where the market had really dropped this low then for sure you would really be having that hesitation because you would be thinking off
on why bitcoin dropped this low too much? Is there something wrong in the market? Would there be some new coins in the market which is better than with bitcoin?
Would the price would go even more lower further? For sure these are the main questions and doubts that you would have in mind on the time like this.