will bitcoin go back to 19000

[TimeTeller]

right now I see the price of bitcoin on an exchange which is 21750, and has decreased by approximately 6% and I want to ask everyone,
is it possible that bitcoin will return to the price of 19000? or after this decline bitcoin will go back up higher ,,,?

and also I want to know what caused the bitcoin price to drop drastically?

19k price is unpredictable since nobody can say how low the price will dip to. 21k is a good resistance price but how strong can it resist this price, I guess from my own analysis it is possible bitcoin price will dip to 20k. Demand and supply place a vital role in bitcoin price, I see this new price as an opportunity for us to accumulate more btc for ourselves till the real bull run comes. The price shouldn't be the problem when you are in a long term investment.

The target of the OP is not too difficult as it is only few thousands dollars from the current price.
No one can give him a precise answer because no one can. We are all just waiting what will happen next.
Even finding the reasons why it is dropping, is because of various contributing factors.
We can't pinpoint it to only one source of news. Supply and demand is always in play.
But we can't specifically attribute to one event why the market is dropping or increasing.

[stomachgrowls]

right now I see the price of bitcoin on an exchange which is 21750, and has decreased by approximately 6% and I want to ask everyone,
is it possible that bitcoin will return to the price of 19000? or after this decline bitcoin will go back up higher ,,,?

and also I want to know what caused the bitcoin price to drop drastically?

Possible but wont be an assurance yet 19k isnt really just too far off for it to be touched down.-6 decline? If you've been here on this market for long years then you would be treating up this movement to be just an

ordinary day which is really definitely that true.Better make yourself get used to it and if you are waiting up for 19k price then hope that it would be going that low but we do know that these price pullbacks arent
really that much going deeper and no one really knows.

Speaking about cause or reason? As i said earlier that no one could ever be able to predict that.It is really that hard to assume on things which arent that predictable at all.
Good thing that we do have some tools which we could make use of on at least have the idea on w here it could potentially go.

[OgNasty]

It’s definitely a possibility we go back to $19K. I think the market is at a bit of a fork in the road where it’s trying to decide if it’s going to retest the $16K lows or jump up to $30K. The participants are placing their bets and waiting to see which side has more influence. We do see to be leaning downward at the moment, but I think any dip from here is a buying opportunity.

[Wong Gendheng]

It did not expect if the price was corrected again and now around $ 21600, last week the price is almost $ 24k, and the toughest challenge is to pass $ 25k, if the price of $ 25k can be achieved then I'm sure the investor will panic to buy and make prices go up, even so we must be vigilant If the price falls again below $ 20K, but we use the moment to buy and do not sell when we lose.

[Falconer]

There is nothing unusual for the price to move in both directions where at one point it can go high and at another time it can go lower. This statement has been said thousands of times so it has become a general question for some speculators and predictors. Price could bounce as high as touching ATH, and could also drop lower and lose 60% to 70% of the price.

Regarding the current situation, I don't think there's anything bad yet to influence the price to drop to the $19K level anytime soon. I'm tend to believe $21K is good support and will hold, but if FUD shakes that much then it's very likely that $20K will break.

[maydna]

right now I see the price of bitcoin on an exchange which is 21750, and has decreased by approximately 6% and I want to ask everyone,
is it possible that bitcoin will return to the price of 19000? or after this decline bitcoin will go back up higher ,,,?

and also I want to know what caused the bitcoin price to drop drastically?

We can only predict bitcoin returning to the $19k price without knowing if that will happen in the future or if the price will stay where it is now. But there seems to be support for keeping the price at its current price, but if negative news is released, it might influence the bitcoin price to decline again.

And every drop will bring bitcoin back up higher, and I consider the price drop this time a correction that is common in the crypto market. This actually gives us an advantage where we can buy more satoshis than before, and I think people have taken advantage of this situation for their benefit.

[dezoel]

I'm not necessarily talking about the OP specifically, but just a few hours after Bitcoin started falling, we already have more than 5 threads about the end of this short bull-run and Bitcoin's possible crash again. I understand that we're talking about money, and everyone is a little worried when they can practically see their wallets draining in value, but why all this panic? It's completely unnecessary. Less than a month ago, Bitcoin was at $16,000, and it recently almost got up to $25,000; is it such a big deal if it falls to $20,000 or even as low as $18,000? Consider it an opportunity gap; personally, I'll receive more Bitcoin now that the price is lower, so that's a plus.

Like me, I wish bitcoin to fall so that I can invest more at $17000 which I believe is the resistant price for this bear and bull cycle. I also wish bitcoin can fall so that altcoins can fall more so that I can I best in altcoins too. I like to DCA but DCA above $20000 is not what I like, I like it below $20000. It is not about the price we invest on bitcoin that matters now, what matters is that we are invest at a low price, we are going to be happy later when bitcoin gets above $50000.

The thing is that not all people are the same but usually those who are worried are still not used to the drops. There are some who are not scared about it but just don't want to see the price dropping again because for them it's only a waste of time as they do not want to buy Bitcoins anymore. Their bags are already full and only wants to see the price sky rocketing badly. If the price isn't dumping won't you guys buy?

Dollar Cost Averaging strategy is popular nowadays so why don't you use it as well and regularly buy BTC without minding the price? For now, I can see that the price still drops a little so maybe $19k is possible these days.

[ivankoh]

Regarding the current situation, I don't think there's anything bad yet to influence the price to drop to the $19K level anytime soon. I'm tend to believe $21K is good support and will hold, but if FUD shakes that much then it's very likely that $20K will break.

Yes, i think Bitcoin could drop to 18-19k as reflected by FUD - SEC and will continue to correct for more impetus, I guess the market will either move sideways at 21k or correct at 19k before going up  .  We saw a strong bitcoin price rally in January, which is an important part of bitcoin's strength.  I am optimistic that Q1 will be the time when bitcoin breaks $25k

[Baofeng]

It’s definitely a possibility we go back to $19K. I think the market is at a bit of a fork in the road where it’s trying to decide if it’s going to retest the $16K lows or jump up to $30K. The participants are placing their bets and waiting to see which side has more influence. We do see to be leaning downward at the moment, but I think any dip from here is a buying opportunity.

Right now with all the corrections in the last several days, people might be thinking that the price is going back to $19k. I think it's a fair assessment for now, since the bull run has somewhat stop on its track. From $24k high to $21.7k and then just fluctuating around that price. We need to go back to at least $22k and maintain just like the last week of January and first week of this month.

So let's see who will be the winner, the bears and bulls have been pulling each other others and so we are in the middle trap and waiting to see which side it is going to be. Hopefully we can just maintain above $20k this month.

[letteredhub]

right now I see the price of bitcoin on an exchange which is 21750, and has decreased by approximately 6% and I want to ask everyone,
is it possible that bitcoin will return to the price of 19000? or after this decline bitcoin will go back up higher ,,,?

and also I want to know what caused the bitcoin price to drop drastically?

It's a volatile market we don't know what the next hour holds if it's more bear or a bull, as it's possible for the price of bitcoin to hit down below the 16k as we are still in the bear market despite these gradual rise we are experiencing, for when the bull run comes eventually it will be obvious to all, but when will it be is just the question nobody knows.

[jakelyson]

right now I see the price of bitcoin on an exchange which is 21750, and has decreased by approximately 6% and I want to ask everyone,
is it possible that bitcoin will return to the price of 19000? or after this decline bitcoin will go back up higher ,,,?

and also I want to know what caused the bitcoin price to drop drastically?

We will never know if the next big news that will come up in crypto will have a drastic effect on bitcoin. In my experience, crypto is so volatile that it can be bull at the moment and suddenly crash at the next. It just takes big news to sway the momentum in a different direction. In the past, bitcoin has dropped its price by about 50%. So, if you ask me if it is possible that bitcoin will go back to 19000, I say, it is very possible, even lower than that. So, you just have to be ready to take action when that happens. 

[fuguebtc]

... The price shouldn't be the problem when you are in a long term investment.

I love this statement, bitcoin will drop to $19k or not, it really doesn't matter if our investment is long term. As a long term investor, OP should just focus on accumulating bitcoins and should think about how many bitcoins we will own until the real bull season comes.
But if OP is a trader, he should analyze and then decide to trade, don't rely on other people's advice because we all don't know what the price of bitcoin will be in the future.

[mich]

Yes it is possible but I do not think Bitcoin will go back to 19,000. I think we are still in a 'bear market' but this could also mean just a stable price point per bitcoin of 20,000.

The price of 19,000 was less then one month ago. There is alot of FUD right now might scare people to sell but just keep on hodling your coins and you will be ok.

[Yatsan]

Well, yes. But never too reliant of such tendency. We recently saw its market price to increase but we're not sure of the actual reason which means the supporting cause isn't that enough to somehow push the market price higher, therefore a correction still has chances to occur. But if all of a sudden something related to this industry pops up then we may see a continuous pump not only in Bitcoin's price but as well to other cryptos. Bottomline is, there's no assurance of the next possible movement. So if you are ready for any market price movement, then you may invest on any price point. It is hard to determine the bottom in the first place so just know your limits as an investor.

[MoonOfLife]

right now I see the price of bitcoin on an exchange which is 21750, and has decreased by approximately 6% and I want to ask everyone,
is it possible that bitcoin will return to the price of 19000? or after this decline bitcoin will go back up higher ,,,?

and also I want to know what caused the bitcoin price to drop drastically?

If you ask about the short term, I don't think bitcoin will go below 19k, I believe bitcoin will hold steady at 21k and will continue to recover in the next few days. But predicting this year, bitcoin will most likely drop to $19k or maybe deeper, which is normal as bear season is not over yet. There is no cause for bitcoin to drop, it's just the movement of bitcoin, you can't expect bitcoin to go up without falling.

[GeorgeJohn]

right now I see the price of bitcoin on an exchange which is 21750, and has decreased by approximately 6% and I want to ask everyone,
is it possible that bitcoin will return to the price of 19000? or after this decline bitcoin will go back up higher ,,,?

and also I want to know what caused the bitcoin price to drop drastically?

It's very obvious that the price of Bitcoin is not stagnant, the problem is that Bitcoin price can increase today and fall tomorrow. So it's how the market is been programmed, so it's baseless condition. The market get accelerated or increased due to the gravity of the demand, and same thing is applicable to the decrement condition, the decrement come as the situation whereby the supply is of higher potential than the demands, it's vice versa depending on the marketcap.

[Ludmilla_rose1995]

right now I see the price of bitcoin on an exchange which is 21750, and has decreased by approximately 6% and I want to ask everyone,
is it possible that bitcoin will return to the price of 19000? or after this decline bitcoin will go back up higher ,,,?

and also I want to know what caused the bitcoin price to drop drastically?

btw, everything can happen to the price of bitcoin especially bitcoin also has high price volatility so bitcoin returning to $ 19k is still very possible. the last few days bitcoin has been in the $21k - $22k price range, it looks like in the next month the price will pass $24k.

[STT]

Its not a wild question, it could but I think have a little more faith and we will probably reset to about 21k area.   The biggest clue on where price will most likely hold is the amount of time and inferred volume there is at that level.  We did hold 21k for some time recently and probably it holds on the way down.   Of course with enough persistent negative energy we will go further but thats not my outlook for BTC this month.

[Joshapat]

Don't be afraid if one day the price returns to $ 19k, prepare money to buy and hold for at least 2 years so I'm sure you can profit at least 100%, especially in 2024 there will be a halving day which will make mining even more difficult and of course make demand more big, as investors of course we should be able to take lessons if the price returns to $ 19k.

[Fredomago]

Its not a wild question, it could but I think have a little more faith and we will probably reset to about 21k area.   The biggest clue on where price will most likely hold is the amount of time and inferred volume there is at that level.  We did hold 21k for some time recently and probably it holds on the way down.   Of course with enough persistent negative energy we will go further but thats not my outlook for BTC this month.

Hopefully in that area Bitcoin value will hold, though that negativity as we know it can really affect the market movement, so far still holding above $21k and even there's some downfall the market still managing to hold from this level, I also wanted to see more hold than those who will be fearing again and let this temp downfall to dominate and affects the entire industry.