Topic: Do you think that the price of bitcoin can come down to below? (Read 420 times)
If we analyze the history of bitcoin, we will see that anything can be happened. as we seen before, the price of bitcoin dropped abruptly, and it gradually became normal. we saw that Bitcoin prices suddenly dumped yesterday and now it is slowly become normal. although the world economy is not doing well now. but if we rely on bitcoin, I think bitcoin will not disappoint us. my prediction is we will surpass previous ATH after Halving.
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Do you think that the price of bitcoin can come down to below three and a half thousand dollars? Because the current situation in the world is that the market is not stable because of this epidemic Many experts who have been observing this market for a long time think that the price of Bitcoin will go down again. Now people are very much scared of this epidemic. No one in the world will be stable in this market until this epidemic is gone. All other businesses that have other online markets are in the same situation so groom Tamana is not the time to go on the market
Never believed what an expert declared about dump in price of the market now.AFAIK, the market for the bottom price is already achieved and what we're expecting now is the bullish market. However, i also expect the pandemic slow down the halving effect but once the block reward is halved rally market will take over some hours after.
Seems like there is a new twist in the market before BTC Halving, I am not sure how much real is the news about the massive drop but I don't believe it will fall so badly near Halving period.
One thing people need to understand is panic sell which is need to be avoided at any cost because this will surely impact the price, I believe the price will reach at least 11k while Halving just wait patiently.
One thing people need to understand is panic sell which is need to be avoided at any cost because this will surely impact the price, I believe the price will reach at least 11k while Halving just wait patiently.
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I think the price will go down a bit after Halving,
Nothing is certain about the price of bitcoin even though we can analyze it well. There is still a possibility that the price of bitcoin will break the support level after being halving based on the results of your analysis and there is also a possibility that the price may surpass resistance or breakout and continue to gore. It all depends on market demand and if this halving momentum is only used as a place to look for profit then I think daily traders or seasonal investors will immediately release their assets after halving the events which will impact on the falling prices.
Everything is possible but I hope it will not go below what the OP was saying. I guess we already surpassed that level a long time ago. Let's see what significant events will happen to crypto to support the increase of bitcoin other than this halving event.
What a great recall!
so far, this is third time it has been rejected 10,000 level. Everything is going according to my prediction; I think the price will go down further after halving. Till now I'm steadfast on 7,000 level. we are going to fall a little bit after halving. I'm going to buy back again at 7700 position. Best of luck guys. 
3000 area is near the 200 weekly average which has been a bottom pricing for some time though I've not heard of that average being important normally. RIght now we're trimming the top of the move with profit taking on a weekend.
The top prices here match a trend since the hard low in March and the blue line is us losing the 2 day average which is a large indicator of immediate buying that was true for quite a while. Its normal to pull back to say the 9200 area but this is larger then that coming into the 200 day average again. I had 200 DMA as a price target for end of April which did occur so it could be find that place has most gravity overall medium term. ie. we're not especially negative even with this sell.
The top prices here match a trend since the hard low in March and the blue line is us losing the 2 day average which is a large indicator of immediate buying that was true for quite a while. Its normal to pull back to say the 9200 area but this is larger then that coming into the 200 day average again. I had 200 DMA as a price target for end of April which did occur so it could be find that place has most gravity overall medium term. ie. we're not especially negative even with this sell.
Do you think that the price of bitcoin can come down to below three and a half thousand dollars? Because the current situation in the world is that the market is not stable because of this epidemic Many experts who have been observing this market for a long time think that the price of Bitcoin will go down again. Now people are very much scared of this epidemic. No one in the world will be stable in this market until this epidemic is gone. All other businesses that have other online markets are in the same situation so groom Tamana is not the time to go on the market
I believe the price of bitcoin will never go down below $3000 as thats a bitcoin strong support level. But it's true that because of epidemic, the price of bitcoin will go down below and already lost 13% of it's cost. Can't predict about the stability but probably $7k to $6.5k
Do you think that the price of bitcoin can come down to below three and a half thousand dollars? Because the current situation in the world is that the market is not stable because of this epidemic
No, i dont think the price of bitcoin market will go down below $3500 despite the current pandemic situation which affected every market setting. Many experts who have been observing this market for a long time think that the price of Bitcoin will go down again. Now people are very much scared of this epidemic. No one in the world will be stable in this market until this epidemic is gone. All other businesses that have other online markets are in the same situation so groom Tamana is not the time to go on the market
To be sincere, most experts you mentioned mathematically predicted the price of the bitcoin market through the number of reward miners will get after the upcoming halving and halving was implemented to stop price inflation. This means the experts ignore the importance of halving and focus much on what miners will get as a reward. I think the price will go down a bit after Halving,
Nothing is certain about the price of bitcoin even though we can analyze it well. There is still a possibility that the price of bitcoin will break the support level after being halving based on the results of your analysis and there is also a possibility that the price may surpass resistance or breakout and continue to gore. It all depends on market demand and if this halving momentum is only used as a place to look for profit then I think daily traders or seasonal investors will immediately release their assets after halving the events which will impact on the falling prices.
Everything is possible but I hope it will not go below what the OP was saying. I guess we already surpassed that level a long time ago. Let's see what significant events will happen to crypto to support the increase of bitcoin other than this halving event.
I think the price will go down a bit after Halving,
Nothing is certain about the price of bitcoin even though we can analyze it well. There is still a possibility that the price of bitcoin will break the support level after being halving based on the results of your analysis and there is also a possibility that the price may surpass resistance or breakout and continue to gore. It all depends on market demand and if this halving momentum is only used as a place to look for profit then I think daily traders or seasonal investors will immediately release their assets after halving the events which will impact on the falling prices.
Guys, this is my most sincere thought. We must not panic. If Bitcoin has been able to sustain itself in this more critical time due to the coronavirus, halving could not be a negative response. Bitcoin we are all.
Although there is the possibility of seeing the price down.
What if this thought becomes true?
"May 2018 will be the last time we ever see #bitcoin under $10,000
By Charlie Shrem" (3 may. 2018)
https://twitter.com/CharlieShrem/status/992109375555858433?s=20
I am in the line of the optimists.
Although there is the possibility of seeing the price down.
What if this thought becomes true?
"May 2018 will be the last time we ever see #bitcoin under $10,000
By Charlie Shrem" (3 may. 2018)
https://twitter.com/CharlieShrem/status/992109375555858433?s=20
I am in the line of the optimists.
It's possible but will not happen.
This is like saying that it's possible that the president of the USA goes insane and commits suicide. It sure is! Would you bet on it?
Bitcoin is not going to drop below 3000 dollars without some big problem in the network or a world war, alien attack, a real pandemic not like this fake corona pandemic.
This is like saying that it's possible that the president of the USA goes insane and commits suicide. It sure is! Would you bet on it?
Bitcoin is not going to drop below 3000 dollars without some big problem in the network or a world war, alien attack, a real pandemic not like this fake corona pandemic.
Do you think that the price of bitcoin can come down to below three and a half thousand dollars? Because the current situation in the world is that the market is not stable because of this epidemic Many experts who have been observing this market for a long time think that the price of Bitcoin will go down again. Now people are very much scared of this epidemic. No one in the world will be stable in this market until this epidemic is gone. All other businesses that have other online markets are in the same situation so groom Tamana is not the time to go on the market
Nope that would not happen.
Although there have been many instances when the price did go down to that level but, it is highly unlikely it would happen again. I think after the halving, Bitcoin price will go down as it has happened in previous halvin but not $3000. In my opinion it will be max $6000.
One thing I am sure is that the price of Bitcoin will go down after having. For me it is an opportunity to accumulate more and if history repeats itself the USD value of Bitcoin should pump next year.
The decline will definitely occur but will not be lower than 5k, as happened before when there was a sharp decline they said if the decline would touch to below 3k but that did not happen at all. This epidemic makes the online market something that is the most popular and thus, the price of bitcoin and other crypto will continue to strengthen even though sometimes there is a correction but it is not a problem, stay calm.
If halving not give effect for bitcoin back to higher price how come after halving sure bitcoin keep stable with lower price, lost hope seeing bitcoin on the top price and could break how higher price bitcoin last 2017 reach above $15,000 and now keep lower price although halving just few hours later.
Do you think that the price of bitcoin can come down to below three and a half thousand dollars?
Yes, of course, it is possible. The bitcoin price itself is volatile, which means, the price will be changed from day by day. If you can accept that, I guess that you would not surprise to see bitcoin price will go up or down. You can use your time to buy low and sell high, and the best thing that you can do is making a profit while bitcoin price increases. When bitcoin price is down, you don't have panic, but you should make another strategy so you can buy low which all traders want.
But the crypto market will recover even if we still see the pandemic is not over yet. Perhaps, after the bitcoin halving finish, the price will start a rally to the higher price, and we will have a chance to see the new ATH.
If everything is possible to happen but there are certain times that they are expected to happen. Now bitcoin has survived the top of covid-19 and people are beginning to invest again in bitcoin. Also looking at the halving, I'm not expecting that price will go down below #3,500.
I believe it won't go below less than $5K as for what I have seen with it during the harsh times of the pandemic there is a strong resistance of the price coming from all direction to prevent a massive dump happening after a FUD of many people. More people now are speculating with the halving ever than before so I am expecting a good run for the bitcoin to have a huge price pump although we are expecting it to dump after the halving since we are tracing what has happened on the past 2 halving. legendary
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Do you think that the price of bitcoin can come down to below three and a half thousand dollars?
Not for at this time, maybe in the following years with assumption:- Halving is coming
- High demand
- The price has been pumped
I think the price will go down a bit after Halving, It is not strange for the price of Bitcoin to fall below 7,000 after next halving, if you do a little technical analysis you will see that 10,600ish is a strong resistance level, if we will break 10,600ish then there is high possibility to touch New ATH again, But being concerned, BTC already has been rejected 10600 resistance level two times in a row.
i think the bitcoin price will up to $100K,but not now,might down when halving finish,let's check it
Do you think that the price of bitcoin can come down to below three and a half thousand dollars? Because the current situation in the world is that the market is not stable because of this epidemic Many experts who have been observing this market for a long time think that the price of Bitcoin will go down again. Now people are very much scared of this epidemic. No one in the world will be stable in this market until this epidemic is gone. All other businesses that have other online markets are in the same situation so groom Tamana is not the time to go on the market
Most of the holders of bitcoin who are controlling it's price are the big whales who have huge amount of money in their pocket so epidemic will not likely to affect them that much therefore bitcoin cannot easily goes down to that level where it's price will likely to be below 1k$. Though everything is possible and can happen so the percentage that it will happen is still there but is very low. And as you can see, the bitcoin price is skyrocketing because of the hype of it's incoming halving so I am not sure if what is happening right now will likely to affect that much in bitcoin price not only if the big whales will boycott the bitcoin or the most of the governments will implement a full ban of bitcoin.
Do you think that the price of bitcoin can come down to below three and a half thousand dollars? Because the current situation in the world is that the market is not stable because of this epidemic Many experts who have been observing this market for a long time think that the price of Bitcoin will go down again. Now people are very much scared of this epidemic. No one in the world will be stable in this market until this epidemic is gone. All other businesses that have other online markets are in the same situation so groom Tamana is not the time to go on the market
While most likely many are going to answer that is not possible that was in fact close to happen not long ago, when the price crashed on March 12 2020 we saw a price of 4600 for each bitcoin which is not that far from what you think we can see, however I think that the panic caused by the coronavirus is slowly leaving the markets so I do not think that we are going to see such crash again but at the same time we cannot completely dismiss that possibility. Jump to: