Topic: $ 3400 is the lowest bottom? (Read 1031 times)

Well its good to see that the price is going up slowly, it is somewhat spiky but I am glad to see that the price took a lot of ups in the past days, it started on December 17 and up until now, I think that its gonna be a great year ended if the price continues to be like this until even the year 2019 starts, lets all hope for BTC to go back where it was last January. 

a week has passed and it looks like 3200$ was the bottom
at least we are experiencing a mini bull run now
and the prices are dancing around 4100-4200 mark, which is effectively a 1000$ higher than  a week ago
Bitstamp's low was 3122.28, while Bitfinex recorded a 3215.2 $ bottom
lets wait till the end of the year and hope that the price doesn't fall back to 3000$ and the bulls keep momentum right until the February's ETF timing

Well well well. It went close to 3.1k flat today. It seems that the market is rushing a deadline towards an all time low for this year lol. Better to stop making speculations for this year because it always goes against what we expect.

It's obvious that we have seen the price goes below $3400 so its not the lowest bottom. Its a bit disappointing to see the price goes around the $3K mark and every one is very nervous so it goes below that price.

If we touch $3K and the support levels collapses then we might see another massive round of sell-offs that will put the price to $2K, again, its scary to think about it because the same time last year we have touch $19K. So let's see how it goes and hope that my prediction is wrong.

This trend is very difficult to predict, in my opinion that we cannot get a comfortable situation in investing.
But for anyone who dares to take risks, he will have the opportunity to make a profit.
Crypto market is very difficult to predict, we can only hope that the situation will be much better tomorrow.

3200 dollars price is bottom price for the bitcoin now and I hope it will not down more because it is not good for us if they continue panic selling. We don't know what is lowest bottom before end of this year and we don't like to see very low.

and here we are several days later testing 3200-3300 lows
unfortunately (or fortunately for some) the price doesn't  seem to stabilise and is going down slowly but surely
we do see lower volumes though , so it could not be as volatile as before, but the bear trend is pretty obvious
it will take some big event to break the trend and get some big buyers on board

It seems that nobody knows for sure the lowest price of bitcoin, the market is weak for now and will be able to make the price of bitcoin weaken and fall further. When the price gets lower it will give you the opportunity to buy at a low price.

In my opinion, the dip is not over yet. While that is true that some speculations expect more dip up until the level of $2000, I think we can expect a lower rate. This is very frustrating as some people are actually looking forward to a bull run (predicted some time mid year) but never happened at all. So what we can do now is just to wait until this is finished and it will hit its lowest before we  make an investment.

honestly I never thought if the price of bitcoin would go down so far, first I was very sure if the bitcoin would not fall below $ 4k. this is really beyond my expectations.

There are predictions that Bitcoin will continue to fall until February of the next year and its price will be around $ 2,000. Therefore, its current price of about $ 3,400 may not yet be its price bottom. What will happen in reality, let's see, because it is impossible to predict the behavior of Bitcoin and the rest of the cryptocurrency. Although we can already say that the growth of the cryptocurrency market this year will not be.

A 90% loss in value after a 12,900% gain isn't really that bad. Remember where the last market bottom was: the $150 level in 2015. As long as price remains above the 2015 lows, the long term uptrend (higher highs, higher lows) will technically be intact. That's a far cry from $1,500 or the $2,000s which would be fairly reasonable.

If we incorporate Elliott Wave, then maintaining the bullish super cycle entails remaining above the 2013 highs ($1,200 level). I'm hoping to see $3K hold, but I won't become pessimistic until we are sub-$1,200.

I think the bitcoin price will bottom at $2k+ at the lowest. And I don't think the bitcoin price will drop further below $2k no matter the market situation.

Just a few weeks ago I thought that we were already on the bottom and then bitcoin surprises me like it always does so I'm not really sure where the real bottom is but what I'm sure is that we have probably not reached it yet so we need to be prepared because it is very likely that the price of bitcoin is going to keep going down for a very long time and there is nothing we can do to prevent that.

We might see another different bottom if the market loses its final support but I hope things would have changed by next year. I am excited to see the result of ETF and bakkt if these two could make a move at the market. So, for now, we will only be seeing the $3000+ as a bottom, i hope it would continue to rise next year.

$3k is the bottom. any lower and it will not make any sense to ever hodl in the future. if price is going to retrace to where the bull market starts everyone will just keep cashing out there will be zero incentive to hodl if you can eventually buy your position back after a 90% retrace after every bull market.

It's unpredictable and I don't believe on those TA because the mood of the investors are align with the market situation. Panic investors will sell their coins even at lower price and buyers will wait at the right price. Indeed if few demand then price will suffer to hit bottom.

Who knows? We will know when it become happened.

As far as I know the prices reached $3300 and little bit lower so the bottom level was breached further according to your technical analysis so we don't have to follow TA always.

Yes, it may be the bottom for Bitcoin price. But we can't sure when it will the rise up again for new ATH! But now it is too early to say anything.

i think 2500 is lowest point in btc.
it cant go below because of the costs.
and it will drop bottom on last days of year.

and it will start to climb.

The price falls very fast. My opinion the price will break the resistance on $3000

That would be great. I'm completely ready for $1000. I bought for less than that and sold enough to make a profit that comes down to 3 times my 2015 investment. And it leaves me with more Bitcoins than I had in 2015, so even if we go to $1000 I'll have more Bitcoins than I had when I came to the space, those Bitcoins will be worth more fiat per coin, and I'll have more fiat on the side than I had in 2015. As long as you're not greedy and have your goals set straight, you will be happy with any outcome in any market. Sure, I could have sold it all at 10k and have more fiat, but that would equal more taxes, the government knowing that I'm a Bitcoin investor, and it would make me hold fiat on exchanges to buy the dips, which is a risk I don't want to take. It's all fine.

I think the lowest price of bitcoin in 2018 would be 3000$ because if we have look on bitcoin graph of previous decade then we see this much crashing of bitcoin after every 4 years. Bitcoin already dropped 78% almost so I don’t think it will go to that much low price (1500$).

But the one fact we all should know that bitcoin is unpredictable so we can expect anything from bitcoin.

By the way at this time mass disposal occurred in BTC but still hoped that only at the 3K point would BTC be considered the lowest,if it continued to fall we might not see the 1500 low but below 1K and that would be more dumping that would occur later.Everyone might forget to invest in BTC until the whale increases its value again.

Technical analysis is related to statistics in that its a record of past price history.   There is no opinion in observing those facts, the part where it becomes variable is the opinion based on those facts and what has to be called probability.   Nobody knows for sure but you can guess the path by the tracks in the road, its a reasonable avenue of judgement just dont go standing in the way of a truck thinking you know better ok


Heres a very brief take

The recent top is the previous bottom pricing.   The blue line just an average of /50.   I think I had it on 15m bars here, the size of which varies by the high low price in that time frame.   Thats all just data really.    If I try to state I'm bearish then thats the guess part.

above 3500 would be seem more positive and 3900 is the 8 day average price

I've expressed my opinion on TA many times before:  I think it's a load of garbage, looking at past price patterns in an attempt to predict the future.  It is akin to trying to create a crystal ball to foresee the future, and I'm pretty damn sure that can't be done.  Sometimes if momentum (up or down) is very strong, it's easy to make accurate predictions for the short-term, but in general I think TA is a load of voodoo horseshit.

Bitcoin is at $3371 as I write this, and it's anyone's guess whether it'll continue downward or rebound.  I have a feeling it'll rebound eventually, but I'd stare blankly at you if you asked me for evidence for this feeling.  Bitcoin is very hard to analyze since it's not a stock but a currency and not a widely-adopted one at that.  Where the price is going is just guesswork.  Some people get it right, but I think most people don't. 

As for the $1500 prediction, I don't think we're going to go that low.  Possible, yes.  But that would be one hell of a drop, and I don't think investor sentiment is negative enough to drive it that low.

The previous bottom of $100 is the lowest bottom. With enough FUD and negativity we could go to $1200 without breaking a sweat. And it still wouldn't be the end of Bitcoin, like some people are saying now. Bitcoin previously never went below the top of previous bull market in the second bear market.
I thought that it wouldn't break 5800 and when that happened I stopped following the price because it's too hard to predict. We are in panic mode now and there are no limits to how deep we could go from here.

Excuse my words, but seriously, fuck these experts. They have done nothing but mislead the mass in each and every way.

You are the prime example of why news outlets have become shit. You take everything for granted without doing prior research, and without knowing how this market actually works. At worst, the btrash fork added some fuel to the fire, but there never is one single reason why a market pumps or dumps. It's always a collection of factors. Last year it worked in our favor, this year it goes the other way.

In the end, there is no point in trying to find a bottom that you have zero control over. Every bottom you have in mind will likely be crushed and you end up being disappointed and more stressed out than before.

Bitcoin is trading at 18% below from late last year.According to experts this has started just after the harsh fork of Bitcoin cash and terrible condition of global market.The situation is so harsh that in late November-2018 the Chinese miners has started selling minig machine according to weight.

Absolute lowest price is zero!

However many point to $1500 as being the next floor to show any stability.

So most likely we drop to $1500 for ~ year , and then the Market place decides if BTC dies or pumps.
The deciding factor in that choice is : will be is their any real adoption by the populace.


 

FYI:
We have already dropped below $3300.

Good luck guessing the bottom of BTC, BTC is by far one of hardest assets to gauge in-terms of value/price.

It's realistically all tied to events at this point. I assume some positive news will come in the new year, considering end-of-year tends to be a tad more quiet.

The lower the better, people lose confidence, sell badly, and whales buy a lot. It is the law of life. The same thing happened last year.

Whenever prices fall, people panic and start selling and news channels do not stop posting news talk that the chances of VanEck ETF bitcoin are very small, it only increases panic because people lose hope


let's assume the price will drop to $1500, okay, so what? bitcoin is going to die because the price fell to $ 1500? bitcoin will not die because price fell to $1500, take that chance and buy more bitcoins


$1500

I saw on coinmarketcap, bitcoin traded at a price of $ 3200. This indicates that the price you expect has been exceeded and may decrease by more than $ 3200. I don't know the price of bitcoin will decline, but that will clearly decline again if you see current market sentiment. But there is nothing wrong if some people who save money in cryptocurrency to decide to buy at a price like this, and for those who still have cryptocurrency assets then there is no way other than holding.

I find that the truth may be in the middle. I have heard about $2400 dollar prediction and it may be possible the way we are going. I am not afraid even about 1500 if it gets there, bear market will not last forever. We must remember that and recall past years.

There is a high probability that bitcoin will fall even below$ 1500 and this is facilitated by a number of very important factors that are known to any person deeply studying the movement of the market. For me personally, the fall of bitcoin to such a level was obvious in the middle of this summer, so I made all the necessary actions that would not remain in the losers.

No one know it all, many are just predicting and not a sure thought, so I can see bitcoin going toward that direction of 1500$ as a bottom and if that happen am very sure many noons will leave and those with good aim stick to the bitcoin trill we see raise again.

predictions can't guess when the current market conditions, if bitcoin will drop below $ 3000 then this can be manipulated.

no one can accurately predict the lowest bottom for bitcoin price as those who predicted earlier has seen the price of bitcoin fall below the price they earlier predicted. I suggest we all observe the market as there are lots of panic sellers who keep selling off their bitcoins at cheap prices.

to me it is a clear manipulation of the market, there are too many coincidences
of course the panic and the media add to this, compound with the current state the world is in
with the oil prices, trade wars and nearly on a brink of a hot war, it is only reasonable that an asset that has no material value is being devalued,
but I'm pretty sure the market is going to recover in a couple of years if not earlier
first stop -February and the ETF rejection or approval, lets see what the price is by the end of January
if it stays above 2000$ I am ok with it, if it drops lower, then it is time to buy

Exactly, when the $6000 price barrier has been broken, (which at the beginning was very strong) all hell breaks lose and we see every price support levels falling like dominoes. And then followed by lots of FUD like there's no more profits from mining bitcoin. So there's a possibility that this massive sell-off is not done yet although we might see the bears getting exhausted as some point. As I have said in the previous threads, support levels are irrelevant, because of the collapsed.

Well there's another speculation and we get disappointed again if it dip to $2000. I don't think its going to be the bottom, the only bottom you should assume by now is $1. You have to expect the very worse that could happen as someone said BTC will end in the most horrific way lol. Sending your money to USD would be the safest.

When I checked the coinmarketcap bitcoin dropped to 3281$, where I think the prediction of the experts will going to be happen were that Bitcoin

will drop up to 3,000$ then bull run next. Therefore, it is really true that there is a manipulator who controlled in the market of bitcoin.

We are already in a real panic since 5800 broke. How can you spot that the panic is real?
1. A lot of FUD in the media, a lot of articles about dying BTC.
2. A lot of whiners on the forum sharing their sob stories about stupid BTC they once believed in.
3. No corrections. We were overdue for a correction on the RSI for weeks and there was none, only dumps day by day.

My opinion about bitcoin price now is $3400 is lower and drop price, check last year bitcoin could raised to higher price about $14,000 and now drop, how come we can be happy with bitcoin price, make many investor never buy and invest at bitcoin again.

We have 3237 now
So lets see strong support is at 2800 if that will break we will have real panic
Very bad time for risky investments
Sell of on stocks
And lot of new tensions between USA and China and Brexit issue

This new downturn was overcome again, so we can't wait long for now, tell you that this is as far as it goes and that it's not going to go down any more serious I'm gonna be lying to you, because nobody really knows, just the market keeps going down and there's nothing to stop it, that's the way things are at the moment.

Many are in distress, many are spreading FUDs, some capitulate, but in the end whales are still the one with the last laugh for accumulating some bags. Bear market is like life guys and gals change will come after it., there's nothing that is permanent. Remember, bitcoin died many times yet you seen it last year at ATH. If you care for bitcoin just remember its use case not the price itself.

There will be no lowest bottom to be seen, bitcoin ICO price is zero.

I have seen bitcoin at high price like more than $20000 but now it is moving to the hard time and now bitcoin is trading at lowest level $3400 but it is not the matter to worry we have so many other opportunities but now the market situation is not good so we have to keep patience and when we see some potential in the coins we can then invest in that coins and daily new coins are ready to come for projects.

I believe it will happen especially in near end of the year, we can see the true market on that time.
And guess what ? I'm also believe that there will be a momentum on new year 2019, yes , the market start green so you can try to invest some btc or alt.

~Personally Still hold 1 bits !

Looking at the current sell of we can't predict the bottom just yet. 3500$ was looking like it as bitcoin might have found the floor but it is slipping again so anything can happen. But the bottom is near that is for sure as there is not much left for bitcoin to go lower and upward potential is higher.

We are in completely new and uncharted territory, and no one can predict the bottom, or even the future. What is certain is that in 5 years, Bitcoin will have increased dramatically in value.

Right now we have a bond yield inversion, and that is destabilising stocks. There is a shift to barterable assets, with gold and silver coins being the preferred options. Bitcoin must be considered as another of these assets though. There is a rise in populism, and awareness that a real Brexit could cause the renegotiation of world derivatives, as most are based on LIBOR, and negotiated through London. DoucheBank is going to bring down the Euro, and possibly the EU, when the other associated factors are considered. This uncertainty is bringing down many asset values, and often fundamentals are not being considered.

I've been watching reports on whale wallet movements, and many of them try to create alarm by reporting large sales. People don't seem to realise that a sale requires a buyer as well as a seller, and if this was a bull market, those transactions would be reported as purchases. In fact, many of the sales are really  just movements. Foe example, why would a wale sell 30,000 Bitcoin, and the next day buy 20,000 at a price that is £150 higher. It's pretty obviously a manipulation coupled with an acquisition plan.

There are some other considerations, such as Qatar leaving OPEC, and Saudi running out of oil. The US/China conflicts play a part as well.

Still speculations, we don't know what is the real bottom and how long this bearish market will continue, it's hard now to make any entry its needed to study well and make some assumptions and prepare for numerous plans before you take your step, if the downfall will continue shorting can be possible
to earn small gains always take advantage and carefully do your trade.

as per the website bitcoinwisdom technical analysis bitcoin is expected to touch 2200 dollars more likely in a week or so right now bitcoin is having a downtrend we cant exactly say til what price downtrend price

Well, at this time bitcoin price prediction is a bit difficult because we don't expect bitcoin to reach that much low price. Before 1 month some analyst predicted that bitcoin would go to 3000$. But by looking at the market condition we can predict or say that it would go to 2200$ to 2500$ by the end of December.

It can go way down or it can skyrocket to god knows where. Noone can predict what will happen in this kind of market conditions.People should be careful.Everything can happen.

There will a bottom but where noone knows, only various predictions are there. As per my personal thoughts $3000- $3300 should be the bottom and price should retrace from here. Bitcoin price remained stable at around $6k for quite sometime and a last dip was expected to create panic among holders and this dip of around 50% decrease in price should be the end of this trend, lets see how price reacts.

Why are you looking for the lowest price?
No one can find out the lowest price, while predictions like in the past have said that the bitcoin price predictions for the end of 2018 say that it will rise high, but the reality is not in line with all of us, and now they are all silent at prices that have fallen far, I also saw them start to move away and start to decrease for those who are interested in using bitcoin, but I'm not saying that bitcoin will be "extinct". I am sure that bitcoin will continue to grow for the following years.

It will even go down from the look of things and it indicates that these turn of events will surely create another dilemma that could at least affects the price again. Let's just expect that worst yet to happen but least assured that bitcoin will not die from this moment on because it's the future currency and still adaptation is still progressing.

It is difficult now to predict because the level bitcoin price has reached is not even thought of. I used to rely on technical analysis with RSI mainly but it seems that the market is no longer obeying the laws. The relative strength index(RSI) which has already indicated an oversold position which by now the movement in the market should have reversed to trend upwards.

No, most of the market is still in denial. We have yet to see true capitulation

I have to say don't keep lower and lower price nagative feedback, because lower bottom can be keep just higher bottom.bitcoin volume understand is difficult because Bitcoin price is unstable captions.anytime and anything can be do lower end and high start.

This severe bleeding of the market can't even state that 3.4k would be the hard floor. It went down half of its supposed hard floor which was around 6k during previous month. Unless that a shining hope would shed soon enough for all of us, then we can safely say that this is the solid floor for Bitcoin now, but again we're all still blindly speculating on what could be the next.

No no $3400 is not the lowest bottom in year 2018... Because continously bitcoin price is reducing. So it is difficult to know what is the lowest price line?

I see a lot of denial characteristic of a bubble. "It's the whales!" some of you are saying. Clearly you are ignoring the fact that bitcoin was seriously inflated at $20k/coin, and the metoric rise wasnt just caused by the whales but also private investors not wanting to miss out. It was so clearly a bubble i just cant understand how people dont get it. For many of you this is the first bubble youve seen, but now is a good time to reflect on your loses and to remember what it looks like. Do not blame the whales, it was your choice to invest in a speculative bubble, take ownership and learn from it.

Bitcoin might go to $500 or $100 for all we know but it will never be $20k again, or even half that, IMO.

Guys, we have now a really tough time. Last time falling over 4000 eur, I had alarm clock every 1 hour in the night not to miss fall over this defense line, as then it usually goes quickly down. And the fall came on my way to work... I made the quickest run to my office and sold at 3900 eur before fall to 3500 eur and further down. I bought again at 3300 eur. I thought it will never cross 3000 eur border. But this night I had alarm clock the same way all night and 3 a.m. BUM, 2950 eur. It is so obvious how the bear traders are pressing down the price. Right now it is even not possible to imagine how this can be stopped. I am afraid that the bears are pushing very much and can finally destroy market, normal people, who bought crypto as investment, are usually not speculants and they will loose faith very quickly. Under 3000 usd it will be dramatic.

  

after broke the 3800k, everything is possible now.if it has to be, its ok for healty rise.and its good for make scams history.but, what if we all going to be history?im so confused.

If you actually believe this FUD you can go short bitcoin from the current price and make a ton of money.  I doubt you will put your money where your mouth is.  It's generally best to do the opposite of what mainstream media tells us so this means it's an excellent time to buy.  You want to buy when there is blood in the streets.

I don't think we have hit the bottom yet and when we do we will be there a very long time. The bears know they can make a ton more money and profits shorting Bitcoin than pumping it and they are consistently doing this, then making it go sideways for some suckers to buy in before they make it go down again. They won't be happy until Bitcoin is around 1.5k USD and then they will be busy mining the Bitcoin Cash SHIT COINS AS IT IS CHEAPER TO MINE THOSE. mINERS AND WHALES DON'T CARE A TOSS ABOUT THE Market and investors, they only care to line their own pockets. Hodlers and believers in Bitcoin and crypto, in general, are the ones suffering most from this nasty cycle of shorting.

I agree that $3400 is probably not the bottom... I do hope that this nightmare will be over soon. I really hate seeing how my savings get smaller even though I keep working and am supposed to be earning more... I don't understand how we got here. Why is the vast majority of people doesn't care about the market? Why do people keep panic selling even though NOTHING BAD IS HAPPENING? And waiting to buy even lower - that's  a pretty risky strategy, because if bitcoin goes down too much, who knows whether it will be able to recover at all...

As long as most people who are not directly related to the crypto will not sell it, there will be no growth. An annual cycle is enough for this. Now is Christmas, people have no money, they need to buy presents Now many people with whom I am surrounded have started selling coins that have been holding for more than two years. I am an optimist, therefore I believe that $3300 is a level of support that will not be broken through. Judging by the OTC market, offers to buy BTC are now three times more than offers to sale.

Knowing how emotionally inclined the market is right now, it is possible to even slide further down $3000 seeing that supports aren't established pretty well. We've seen a short stint towards $4000 and it didn't last long, up until it slid past the $4000 levels again and down to where we're at right now. $1500 is a bit of a stretch right now, but seeing what happened just a few weeks back, it could turn into a grim possibility that we have to face. $2500 is my best optimistic guess atm, and anything further is just a nightmare materializing IRL.

I think that this month almost the entire cryptocurrency will break incredible records and bitcoin will reach 1k$ with ease, now the toughest market manipulation that I haven’t seen for a long time is happening, so it will not stop and the whole market will collapse soon we only have to look with tears at this market and our portfolio.

I wondering is btc price falling down has any related case with the stock market is plummeting?
Over the course of two days, the Dow Jones Industrial Average plummeted more than 1,500 points.The S&P 500 and Nasdaq Composite are on pace for their worst quarter in seven years, as the stock at this time.

That could work.

We dont know the bottom. Expect 1 dollar then maybe you will somehow have ease into not thinking about how much price it could get.

It gives opportunities though for new bitcoin enthusiast. They might see how useful bitcoin is and try to buy. For me it is a win situation if it goes down. Stop the negative ways of thinking just because it didnt hit the price that you want.

Don't be too optimistic. Today we see the price of $3,400. We might think this is the bottom. In fact, maybe tomorrow we will see lower prices, and the price may be lower, which we can't predict. But I can be sure Bitcoin takes a long time to recover to the price at the end of 2017.

Yes, no one knows but everyone wants to know it badly. In last 10 days when i get up in the morning i am always checking the coinmarketcap and i always see that the bitcoin and main coins price is falling down and it seems will never stop   Unfortunately we can't predict the bitcoin price in these uncertain market condition, we just have to hope for the best..

As many FUD and FUD everywhere, people panic sell their treasure called bitcoin. Whales are  just accumulating and accumulate more bitcoin that they are just waiting for the right time when many people, newbies and new players in the market also buy bitcoin. That's the game they play always. When bear market is here of course expect lower and lower price for your coins. Do you think it will be lower forever? It will rise in time.

It is possible that from 3400 $ we will raise a little bit and then go down to 1500 $ or less. Nobody knows what price will be the lowest as well as the highest one.

$1500 may be a possibility but it wont be good for the space. We all know the idea is to allow new institute and mainstream adoption so has to allow a new era inflow of fund. At the end of the year if it dump beyond $3000 we might have escaped it. Surprisingly most stats or features that should pump are in place but the coin price has gone the other way

hopefully it is.. shouldn't go any lower.. that will be devastating.

This is not good sign for small investors if bitcoin not up then I think they lost their all capital. Everyday bitcoin price down and down.

Of course not, because Bitcoin can fall even lower and no one else can earn thanks to it.

Maybe we have not see the lowest bottom yet due to the fact that many FUD are coming in day by day and bitcoin holders are selling out their portfolio even at the moment.

price predictions don't work with cryptocurrencies… Everyone is always wrong and by a huge margin, It's not even funny when people claim to know whats going to happen it goes hard the opposite way.

The only thing to really guage is sentiment. It seems people still have some hope in Bitcoin, yeah, once that hope is gone and everyone is like... Well, it was fun but bitcoin died...

That is when the pump will come 

Time to horde a stash and wait for better times.

I would like Bitcoin to no longer drop below as many will leave the market and it is likely that after such a fall it will not rise again

From current perspective anything is possible.
At first I thought the price will not go lower than 3500$ but obviously I was wrong.
As the price go lower more and more panic selling appear and it looks like the bottom is hard to define.
Let's just hope that negative trend will stop soon and that more people will buy. But we will probably not see Bitcoin recovering this year.

most likely- no
the market has entered this state when people who are panic selling selling and the buyers are waiting for a lower low every time
and, probably, rightfully so
we haven't found the bottom just yet and it could be anywhere, really
won't be surprised to see 2.000$ or even lower than that, simply not enough people buying

No one knows! But one we know, when we all spect something, it goes the other way. so please KEEP expecting lower and lower prices!!

All price predictions for Bitcoin seem to be very negative at this time. I used to rely on technical analysis and various information to give a article: bitcoin will return $ 1500. It seems that a lot of optimists think that $ 4800 would be the bottom. But after a month, at this moment it seems $ 1500 is absolutely possible. Tell me the price lowest bitcoin you ever thought would be how much $?

https://bitcointalksearch.org/topic/bitcoin-will-return-1500-5071669