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Topic: HOW LOW BTC CAN GO? - page 4. (Read 688 times)

full member
Activity: 1190
Merit: 117
March 25, 2020, 05:30:08 AM
#45
Right now bitcoin is currently at $ 6700 but it's not at a bullish price, there is still a possibility that bitcoin will go down again.
So we must be vigilant if the price of bitcoin goes down again, and according to the poll I have already filled. In my opinion the
lowest price of bitcoin is in the price $ 4000- $ 3500. But hopefully my estimates are wrong and bitcoin will continue to rise.
sr. member
Activity: 1540
Merit: 255
March 25, 2020, 04:43:50 AM
#44
We have already reached the Bottom mate last 2 weeks ago and we are now looking for the growth of market as we are seeing some small chance now.
positioning at $6,500 and up now?yeah we are now recovering and no signs of falling again(well that is my own opinion and i don't hold for any thoughts from others)
but actually i don't care if the price falls down to the lowest in your survey because even if this price goes down to $2000?still i will purchase more lol.

We don't know exactly, what is happening in the market and as of now, we have seen many times the price of Bitcoin decreased a lot in the market. Whenever the price drops, it is always a good chance to grab the Bitcoin when the price drops. People who grab when the price drops will always make some decent profit.
hero member
Activity: 2912
Merit: 556
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March 25, 2020, 01:09:31 AM
#43
Seem like $3500-$4000 will be the low price for bitcoin, as we know that the all time low for bitcoin price was $3500 and I will guessed as well that it will be the lower price .

But seem like we are far to reach $3500 right now, bitcoin price is increasing to $6700 currently. And bitcoin will be in a good trend cause if we pass $6700 then we will see $7000 as next price.

The worries from corona virus is still spreading in some country, like in my country who has been affected the money fiat is fall against US dollar. I think many people in country have decided to buy bitcoin to safe their money.


We don't know if bitcoin will not goes down and reach $3,500 again or not because so far, bitcoin still stay at the $5,000-$6,000 range level so everything can be possible to happen. While we don't want to see bitcoin will go down again but yes, right now is a good time to buy more bitcoin if we still have money. But perhaps, we need to wait for a while to see where bitcoin price will moves in a few hours later so we can know what we need to do. The important thing here is we can analyze more before we decide something.
full member
Activity: 2408
Merit: 202
March 24, 2020, 10:58:14 PM
#42
We have already reached the Bottom mate last 2 weeks ago and we are now looking for the growth of market as we are seeing some small chance now.
positioning at $6,500 and up now?yeah we are now recovering and no signs of falling again(well that is my own opinion and i don't hold for any thoughts from others)
but actually i don't care if the price falls down to the lowest in your survey because even if this price goes down to $2000?still i will purchase more lol.
hero member
Activity: 1722
Merit: 528
March 24, 2020, 09:09:06 PM
#41
At this moment, BTC is moving sideways +- $400. The possibility of it moving to either direction is very likely which of course no one can say for sure. I believe in BULL at this moment but I can't ignore that there are some sudden factors causing dumps which is further causing panic sell. Hence, this is totally speculative at this moment. Therefore, I created this poll to understand the mindset of the people involved in this. Hence, I request everyone to fill this poll.
If you have any explanation to any of the theories you believe and you want to explain me, please don't hesitate to leave a message so that we can discuss more where I can also input if I can Smiley

I'm a bit late but the price is getting better and better.

This proves that a lot of people take advantage of the dump and I don't see Bitcoin falling from $6K again in this pre-halving situation. We might start at $6K at pre-halving, and that would the best thing that would happen for those people who reinvested and took the opportunity. I think we should ask the opposite, how high would it go before halving.
full member
Activity: 1330
Merit: 147
March 24, 2020, 07:47:56 PM
#40
Seem like $3500-$4000 will be the low price for bitcoin, as we know that the all time low for bitcoin price was $3500 and I will guessed as well that it will be the lower price .

But seem like we are far to reach $3500 right now, bitcoin price is increasing to $6700 currently. And bitcoin will be in a good trend cause if we pass $6700 then we will see $7000 as next price.

The worries from corona virus is still spreading in some country, like in my country who has been affected the money fiat is fall against US dollar. I think many people in country have decided to buy bitcoin to safe their money.
full member
Activity: 994
Merit: 101
March 24, 2020, 07:16:45 PM
#39
It's not that easy to say cause many big investors/traders said "this is the last time to buy btc at very low price" when btc was down $19k to $11k in 2018. But everyone saw what happen. It was gone to $3.8k. So how low btc can go it's a question that i don't want to face. Cheesy But all i can say if this current crisis is not solve imitatively then people will see more worse than this.

Australia is introducing the closure of non essential businesses and are warning that these enforceable rules will be in place for at least six months.  No pubs, clubs, cinemas, Churches, restaurants and similar all closed for six months.

It's horrible, i didn't heard about it. This crisis going really deep. Hope people find a solution for this. Embarrassed
hero member
Activity: 2814
Merit: 518
March 24, 2020, 06:15:54 PM
#38
May we think that dumps can possibly be happening again and again but for this time, I'm too positive that it never drops to below $4k.
We started to climb back at $7k, this will simply mean that the market support is started to stabilize and we are going to recover from the pandemic effect towards the global market declines. And I do hope that everyone has to keep their faith, the endless volatility of the market won't change that is why we should be prepared and keep calm always. Panic will is not a solution but it only worsens the situation.
sr. member
Activity: 1610
Merit: 372
March 24, 2020, 01:46:49 PM
#37
A pointless question. No one knows the answer for sure. In addition, everything will depend on the development of the situation on the world market.
As practice shows, cryptocurrencies can fall by more than 99% of their value, think about it.
legendary
Activity: 3486
Merit: 1055
Leading Crypto Sports Betting & Casino Platform
March 24, 2020, 05:40:42 PM
#37
Indeed, the decline can still occur at any time but at least, when there is a decline the recovery will also occur immediately and it will at least make the price still be maintained in the range of 4.5k-5k even if the decline continues. This situation does not really affect prices on the crypto market as a whole because at the same time the halving event plays a large role in the collapse of the price of bitcoin.
hero member
Activity: 1806
Merit: 720
Top Crypto Casino
March 24, 2020, 02:00:15 PM
#36
At this moment, BTC is moving sideways +- $400. The possibility of it moving to either direction is very likely which of course no one can say for sure. I believe in BULL at this moment but I can't ignore that there are some sudden factors causing dumps which is further causing panic sell. Hence, this is totally speculative at this moment. Therefore, I created this poll to understand the mindset of the people involved in this. Hence, I request everyone to fill this poll.
If you have any explanation to any of the theories you believe and you want to explain me, please don't hesitate to leave a message so that we can discuss more where I can also input if I can Smiley

It is difficult to say now. Because when Bitcoin is dumped due to panicsell, the market recovers very quickly. Which was beyond everyone's imagination. Which is good news for the Bitcoin community. But I think Bitcoin will come back in the $ 4000- $ 3500 range. Because the effects of the corona virus are not yet over. As long as people need cash, the selloff will continue.
legendary
Activity: 2884
Merit: 1117
Leading Crypto Sports Betting & Casino Platform
March 24, 2020, 01:16:05 PM
#35
Lol! There are people who voted for under 3k, 2 people literally voted for 2500-1500 levels, do you really think that bitcoin could go under 2500? What are you trying to achieve with this, maybe just wanted to make sure people are afraid and the price would drop so you could buy more.

I do not really like the "wishful thinking" type of voting, I can't decide on their votes, they are free to vote to whatever they want and that is understandable, however reality is what they are doing looks just funny and blurs the clear waters and that is it nothing else. If you seriously think that bitcoin could be 1500 you are an idiot, that is without a doubt true, if you just WANT it to be 1500 then you are doing it wrong way, that is not how you can achieve anything by manipulating neither.
copper member
Activity: 2870
Merit: 1279
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March 24, 2020, 09:25:14 AM
#34
This is always going to be only a prediction, but no matter what we do. It's up to you whether you would HODL or not. As of now, the current situation is dying down, maybe there are no more new "news" to report to, but we are still speculating on this part.

Right now we are at $6500 - $6800 part, so maybe we could see a new high or a new low (for the day)

If you are always trading, I would recommend following your analysis instead of biases. News is hard to counter though, it would affect the people's behaviors.
full member
Activity: 1176
Merit: 162
March 24, 2020, 09:13:59 AM
#33
That's a hard question no one really knows but we can speculate having TA and predictions, I don't think BTC will go deeper than $3800 I hope so, Having seen this market recently it is very volatile and it is very risky to jump on trading especially on contract/leverage/margins/futures whatever it is called across different exchanges, we might be liquidated in minutes if we are not careful. If markets now really depend on this covid19 we are at risk what if the situation will worsen you know what will happens next.
full member
Activity: 1736
Merit: 121
March 24, 2020, 08:30:33 AM
#32
I’m expecting another drop again and I’m ready for that one, but I think the bottom was already hit because we easily bounce back after reaching the level of $3k. As the market continues to struggle, still expect the worts price for this year and don’t expect too much. Right now if bitcoin reach the level of $7k again, I think no more big dump after this well this is just my speculation.

I think I'm positive about price increase at this time now. The corona virus disease have come to equilibrium sort of because many places are shut down, many people are now aware of ways to prevent it which includes not travelling nor visiting. So the level of spread is going to be limited and death is reduced too. When panic is gone, things will normalize.
sr. member
Activity: 2044
Merit: 314
Vave.com - Crypto Casino
March 24, 2020, 08:01:04 AM
#31
I’m expecting another drop again and I’m ready for that one, but I think the bottom was already hit because we easily bounce back after reaching the level of $3k. As the market continues to struggle, still expect the worts price for this year and don’t expect too much. Right now if bitcoin reach the level of $7k again, I think no more big dump after this well this is just my speculation.
Expect the unexpected and we have to learn from the past price movement that even just on a day, the price can dump that much. I do keep monitoring the price of bitcoin because I’m ready to convert my fiat money into bitcoin, and maybe we can still see some correction or dump before heading into a new up trend.
sr. member
Activity: 1296
Merit: 294
''Vincit qui se vincit''
March 24, 2020, 07:52:11 AM
#30
At this moment, BTC is moving sideways +- $400. The possibility of it moving to either direction is very likely which of course no one can say for sure. I believe in BULL at this moment but I can't ignore that there are some sudden factors causing dumps which is further causing panic sell. Hence, this is totally speculative at this moment. Therefore, I created this poll to understand the mindset of the people involved in this. Hence, I request everyone to fill this poll.
If you have any explanation to any of the theories you believe and you want to explain me, please don't hesitate to leave a message so that we can discuss more where I can also input if I can Smiley
Its bullish because of the recent dump but if you check the history of Bitcoin, you can see that a massive dump occurs that it touches the lowest profitability of the miners.

I voted $3000-$3500 because lower than that will destroy the mining profitability and may cause to drop in power. That will again dump Bitcoins price but will unlikely happen.
sr. member
Activity: 2422
Merit: 357
March 24, 2020, 06:07:05 AM
#29
I’m expecting another drop again and I’m ready for that one, but I think the bottom was already hit because we easily bounce back after reaching the level of $3k. As the market continues to struggle, still expect the worts price for this year and don’t expect too much. Right now if bitcoin reach the level of $7k again, I think no more big dump after this well this is just my speculation.
hero member
Activity: 2282
Merit: 560
_""""Duelbits""""_
March 24, 2020, 07:41:42 AM
#29
Some expect more dumps because investors really want to buy lower prices and want a return that returns back to early March but so far bitcoin has started to show an increase of $ 6700 and maybe it can happen in the next few days it will soon touch $ 7,000 maybe still right still buy at a price like that.

My speculation is that bitcoin will still recover even though the pandemic is still happening even though some stock markets are still falling but I am sure bitcoin will grow back to the way it was at the beginning of the year.
sr. member
Activity: 1400
Merit: 269
March 24, 2020, 05:37:01 AM
#28
I personally eyeing for another retest to the $3500 level as there was a CME GAP there. So im not getting over excited to becoming bullish, because Bitcoin has a ton of fake outs. It's really hard to speculate even with a confirmation, im not buying because im still thinking it will reverse.
maybe if it breaks the 7200 level, i might think of buying. This is surely some crazy times.
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