Do you think the price of BTC will drop to 4000 dollars? - page 20.

ZZ8ZZ

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Don't forget that everything is possible in the crypto world Cheesy

Do I personally think that Bitcoin will drop to $4000? No I don't, but that's just my opinion. You guys can clearly see that this market is so volatile, which means that it's basically impossible to predict where Bitcoin's price will go, but 4k is too low imo. There's a massive support around the 6K number and that's not bad at all. BTC needed this in order to continue going up slow and steady in the near future. One thing is for sure: good times ahead Cool

bitgolden

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Leading Crypto Sports Betting & Casino Platform

Quote from: Hughes_Ryan on June 23, 2018, 01:48:44 PM

Quote from: founfition on June 23, 2018, 01:10:12 PM

Currently BTC prices have been hovering at 6000, and if the BTC prices fell to $5000, $4000 should be not far off, the market is confirmed in the bear market, want to rise to $20000, you may need a couple of years. Cheesy

Maybe you're right. But I think the whales will never let the bitcoin fall below $ 6,000. If the price drops to $ 5000, then all whales in the crypto market will lose a lot of money.

Whales play major role in manipulation of the crypto market. Whales usually pump and dump particular coins in crypto market in order to gain profit. Its true indeed, that whales will never let BTC crash to a level where they will experience severe loss, but no one knows how much amount whales are holding currently and how they plan on manipulating the market. They might even wait for the market to crash more, in order to get BTC at low prices are earn some bulk amount.

bitcoinstress

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It's possible because I see crypto market falling down everyday and if this condition continues. Im sure we will see Bitcoin under $4000 may be more bad than that. I have think we can back to under $1000. Why now since many coin come to market. What I see is that make Bitcoin price fall.

democity

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Quote from: emerejames on June 26, 2018, 04:54:49 PM

It's possible because while I was doing research about Bitcoin, someone predicted that Bitcoin want to repeat it history, which means the price will go down to 4000 before it will rise again.

I don't see an opportunity to continue rising, so I think it may take longer to wait for the market to recover, including prices.

emerejames

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It's possible because while I was doing research about Bitcoin, someone predicted that Bitcoin want to repeat it history, which means the price will go down to 4000 before it will rise again.

flysats

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I don't think so. But $5,6-5,8k level has a good chance to be achieved. It's not bad because it approximates growth time. But it's so sad and difficult to see on this blood rivers. Maybe practice yoga better?

mboot

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No, I think the price will reach a maximum of 5200$ and then the growth will become again and at the end of the year the price will become 20000$ again.

naidray

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Quote from: pokerjet on June 25, 2018, 03:56:43 PM

Unfortunately i think it is possible that the price of Bitcoin goes down to much lower prices. Nobody can fully and precisely predict the bitcoin prices but market will rise when new investor and new money comes.

Yeah, nothing is predictable as it is right now and the price can turn to any angle at all. There is going to be some support at $5000 and I am eagerly looking forward to the price action here anyway but that might actually be just for the short term and nothing too serious as the move may just get towards $7500 and we will be lucky if it even gets close to $10000 before we see the continuation of the downtrend, but until then, I guess we will have to wait and see how things will turn out.

mari12

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I think that at this point that anything is possible. We did not think that it was possible for the price of bitcoin to fall down to below $6000 but it did so this week so there is nothing that is stopping the price from dropping down to $4000 really. It is just a matter of time, people should start to prepare themselves for the worst

Ostonian

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I do not believe. Yes, the market is now unstable, falling, but I do not see any preconditions that BTC fell to $ 4,000.

bennysax

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From my little experience, I have come to realize that in the crypto world anything is possible. Based on how volatile it is, it is possible for BTC to drop to $4,000 or even below but would definitely not remain there as the rise and fall nature would always take it's course.

Moeda

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Quote from: founfition on June 23, 2018, 01:10:12 PM

Currently BTC prices have been hovering at 6000, and if the BTC prices fell to $5000, $4000 should be not far off, the market is confirmed in the bear market, want to rise to $20000, you may need a couple of years. Cheesy

The process of reaching the $ 20,000 Bitcoin price does take two to three years. Due to the decline in Bitcoin prices in 2018 drastically made many investors lose their funds. Even the current Bitcoin holders choose to hold the existing coins. I also lost a lot of money, so it is not possible to sell in the cheap price as it is today.

appleyard

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This possible because of the regulation and implementation of law against bitcoin in many countries, and some are cause of panic selling because of the negative news about crypto worldwide. Be there are so many whale investors that remain calm and waiting until the price pump again they are waiting for the end of this year and until the max cap reached.

Whosdaddy

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Quote from: Nicolaus Copernicus on June 23, 2018, 01:43:59 PM

I am thinking the same. It can go 4000 usd. As many exchanges may be upgrading their systems and anti-money laundering procedures. Also some one mentioned that Italy just banned Bitcoin. If this is true then BTC will surely go fall to 4000$ even lower.

Effect on bitcoin due to countries banning it is just temporary as every crypto enthusiast knows that bitcoin can be banned, but it can never be stopped as the transactions are private, anonymous and cannot be traced therefore providing security to its investors as well as traders.

Even if bitcoin falls to 4000$ mark, it will surely recover in the future as it has become a digital currency that is well known among all the people across globe and is mostly encouraged by youths.

makakadu

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It is very likely that this will happen. And if this happens, then i hope that this will be the final fall before the big growth.

rextoinsem

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that's likely. I would even assume it could drop to $ 1800. because the real price of bitcoin if we proceed from the General economic theory consists of the cost of costs and small profits.

cacucacok91

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Given the current state of the market, I wouldn't be surprised even that the price could drop to $ 2,000 for 1 bitcoin. But I do not think that the price there will stay long, then there will be a huge increase

hasimkamal

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Bad time for crypto world. I didn't expect bitcoin's price will reach that much low. As the market is down and every coins price has fallen with it. May be the bitcoin's price will fall a more.

gigusico

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Of course I do believe that this will not happen, but why does everything lead to such an outcome of events

pokerjet

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Unfortunately i think it is possible that the price of Bitcoin goes down to much lower prices. Nobody can fully and precisely predict the bitcoin prices but market will rise when new investor and new money comes.

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