Topic: Can Bitcoin Reduce to $ 4000? - page 9. (Read 1995 times)

Last month, bitcoin was constantly affected by the bad news, which reduced bitcoin prices. However, I never believed the bitcoin could drop to $ 4,000, which is an unacceptable amount, the lowest bitcoin price that could fall to $ 6,000. And at the moment, bitcoin is not going to fall to $ 4,000 when the bitcoin price is now over $ 9000 and there are no signs of a decrease.

I think it's possible based on the ta of pros or even rookies but of course it's hard to reach that and that will just mean btc is a bubble and people wont invest on it anymore.

For me, I think that's already too low of a value, Bitcoin has already risen high enough to keep some sort of a maintaining amount, 6k more or less would be that amount, because even in at its lowest point, it didn't go down from there

I think it's possible but not now because there are more and more good news for btc that will attract more investors and it can actually pump so HODL! it's worth it all at the end.

Bitcoin price right now might be reducing due to some bad news but I don’t think it will go far down to $4k. I think that’s way too much down for its market, and would create chaos. And of course investors would be withdrawing their money invested in this coin which will be very bad for Bitcoins image. There are platform that are scam but that is non of the business of the bitcoins because the bitcoin do not even have a main source and even us do not know who was the real creator of the bitcoins itself

If at this time I have money, I will buy Bitcoin in and hold, the market changes over and over again, then the Bitcoin price will rise again when the market is stable. If you are holding Bitcoin you do not worry. I think the bitcoin is the digital money and now the usage is increasing so the value may fall but it will not below than 7000 because the demand of bitcoin is high as compared

There is a high possibility that this thing could really happen but according to btc performance this late months it never shows sign of falling down below 6k$ mark which is contradicting reality of that statement.

Never mind those that was waiting for the bitcoin market to dip down to $4000 price range and my advice for them is to buy now because the market will recover from next month. Trust me

of course never. The minimum cost for mining is 5000$ and BTC price is never below this level. As you can see in the market now, BTC has increased recently and next target is 10000$. you should buy it right now to receive more money in the future

Those guys, who are waiting for the awful crisis and the biggest crash of Bitcoin are welcome to sell it. We will buy it for the less price, so in future, we will get our profits.

We all know this thing quite well that the entire crypto market is very much volatile in nature and that we can expect anything to happen in the world of crypto market anytime. It is very much possible to see the market value of the bitcoin dropping down to 4000$ or even lesser but still we need to hope for the best and that we need to prepare ourselves for the worst all the time.

You can see that as soon as the G20 Summit thought the price of bitcoin and altcoin began to show signs of strong recovery and increase today. Bitcoin prices after touching the $ 7000 mark have started to turn and recover extremely strong. Currently, bitcoin prices are at $ 8500 and are still on a strong recovery. Therefore, I believe the bitcoin price will not be able to reach the $ 4000 mark and will continue to rise and rebound to the $ 20000 mark.

I think that the life of an investor will change greatly if the blood is released up to $ 4,000 and, possibly, even lower. We can not even imagine how many people have invested in recent years when Bitcoin reached $ 20,000

We should not still think off about on that 50k usd range. We should focus out on much lesser price targets for bitcoin on these year and those numbers are just pure speculation and assumption.We might reach or not.No one really knows since no one able to see the future.Going back on 4k usd price is possible but binance issue is already passed and now we are facing another negative issues coming in our way.

We cannot actually predict what will be the price these coming weeks or months because there are so many factors that can affect the price and its demands. One thing is for sure that, Bitcoin is too big to lose because this is our future trading and investment that might change our lives better.

Gosh, certainly not. What I think is that Bitcoin price will be fluctuating. it will be somewhere between 7,5 and 11 thousand. However, close to autumn it will go up fast.

Thanks for sharing this picture. Actually I was also looking for some data in this field to share.
My background is not finance, but I feel this is a MAJOR issue.

We don't know what " whales" like or not, maybe they have already cashed out.
So let's put them out of equations. We can just talk about ourselves.

Regarding this graph, I can raise some questions:

1) Is nowadays the transaction-fee more important to the miners or btc reward? If btc-reward is more important (right now 12.5btc/block) which is most likely the case, then if the electricity bill becomes more expensive that the btc-reward in most/majority of the democratic-countries (definitely not Venezuela  but China included. Not democratic though, but China is too big to be ignored  ),  it might be so that the minors just shut-down their mining-machines temporarily until the prices go high again! this might lead to a blockage of the btc-network and this will lead most likely to even lower prices of btc. The lower the price the more miners go out and it becomes even worse (please tell me it is not the case). I don't think relying on not-democratic countries (or very tiny-ones) can fix this. Besides in near future, they don't have the potential to support the network.

2) This is also a fact and definitely miners would consider how profitable the mining will be in the future, when you never get a guarantee for a minimum price of btc. Because the electricity-bills and the cost of machines are not paid in btc, but in fiat currencies. So we might expect less investing in mining in the future (please tell me otherwise, if you have a counter arguments)

Bitcoin is a currency. Therefore its price will fluctuate naturally. At present price of bitcoin is falling. It cacan go down mmore since iit hhas no price bar.Yet considering its demand and supply, it is unlikely to go at 4k or below.

Meanwhile, Jane Street, whose trading turnover in 2017 was $ 5 trillion. and which is called one of the most secretive companies of Wall Street, began to engage in bitcoin trading. Her representative reported this to Business Insider.

According to the interlocutor of the publication, Jane Street conducts on a global scale trade in various assets, including bitcoin, and as it develops, more attention will be paid to work in the crypto-currency area

Everything is possible, we don't know what might happen in the future but seeing the bitcoin's price and other coins there's a higher chance we go back to that price again, actually it depends on one's perception on the crypto market, there are people that doesn't get affected that much by fud but there are a greater number of panic sellers.