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Topic: Do you think that the price of bitcoin can come down to below? - page 3. (Read 420 times)

legendary
Activity: 2506
Merit: 1394
Always possible for me. Bitcoin is always moody, expect the unexpected. After we reach before the almost $20,000, we fall for almost 80% of Bitcoin price, so the three and half thousand U.S dollars is always possible. It could be done in just a span of 24 hours just like the dump last month I think when the coronavirus started to spread.
hero member
Activity: 1722
Merit: 528
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 highly doubt that it will go back to that price.

I do agree that there is a pandemic happening right now and it is true that people are actually scared of it but I don't think that it will majorly affect the price of the market of cryptocurrency. The fact that we are seeing the price of Bitcoin at this state means that there are still a lot of people buying and waiting for the halving to happen. It may dump or may have a correction but I don't think it will go that low.
hero member
Activity: 3024
Merit: 680
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Do you think that the price of bitcoin can come down to below three and a half thousand dollars?
It is possible but unlikely.

Bitcoin's volatility can bring the best out of it and also the worst of it.

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.
Despite the pandemic, bitcoin performed well. The other markets also did the same but it's a swinging market so you can think about what you want to think.

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
The market has never been stable, it's volatile all of the time.
hero member
Activity: 3052
Merit: 651
Could have been easier to understand if you just said thrity-five hundred dollars or just $3500.  Grin
You got me there.

It can. Even below that. There is no stability with the price of bitcoin. It aint like stable coins that are being created out there.
Dumps do happen and it could be tomorrow or the next day.
Specially now when it hits the 10k mark. There will be sellers just for ROI or those who thinks they already made a profit.
legendary
Activity: 1134
Merit: 1598
If enough people quit using, hodling and having interest in BTC, the price could dump even to $1. It all depends on what the decentralized community (us) do. With a pandemic or without, the markets will be moved accordingly with our moves.
full member
Activity: 742
Merit: 160
Everything can still happen, even though the bitcoin halving has started, it can still go down because as we observed the movement of the graph, the are still times that it goes down, the price of the bitcoin is around $9000 h $10000 and the highest value for this day so far is $10026 and the lowest do far is $9500 so everything can still happen so we should be careful when reading or investing because we cannot sure that the price of bitcoin will continue going up.
Go down below $3500? I am not an expert but i highly doubt we can see that price again, i think the first time it happen was as a result of the pandemic panic but now people already understand the situation of the virus and know how to manage it, for that, am not sure btc will go as low as you are saying,
However, the market can surprise us, halving is few days, people expect price to be up, then maybe a dump afterwards,  everything will depend on the market.
Hitting $3500 could be still possible because bitcoin is volatile and it changes seconds by seconds but hitting $3500 will not be so quick or easy because of many supplies.
sr. member
Activity: 1568
Merit: 321
★777Coin.com★ Fun BTC Casino!
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 do not think that anything related to the epidemic will affect Bitcoin in this period when the world is trying to normalize. Apart from this, withdrawal may occur gradually with halving. But we will experience together to what extent this will happen.
legendary
Activity: 1820
Merit: 1207
Yes it possible, even if you think bitcoin can hit $1000 or $1,000,000 it's still possible. Bitcoin price is very volatile, probably it can change around 30%/day. But, that price can't change so fast for 30% because of demand and supply, news ( now FOMO about halving ), and many other sector. Everyone can free to predict, but you should learn to analysis yourself than said from many experts. As you know, many experts like you said it not totally know about the bitcoin it is, most only want to make "bad news" for bitcoin or advertising his service / project / ICO.

member
Activity: 1260
Merit: 21
Go down below $3500? I am not an expert but i highly doubt we can see that price again, i think the first time it happen was as a result of the pandemic panic but now people already understand the situation of the virus and know how to manage it, for that, am not sure btc will go as low as you are saying,
However, the market can surprise us, halving is few days, people expect price to be up, then maybe a dump afterwards,  everything will depend on market.
copper member
Activity: 550
Merit: 10
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
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