Bitcoin price is now below 7,400$. We are seeing constant declining of the price since 5th may. Can you guys tell me how low it may go or we can hope that it may rise after this month.
I can go further more coz im using bitcoin wallet that are nased in my country that it can coztumize your withdrawal or sending funds its really hard to use it because our government know already about bitcoin and they want to control it, as i can see there still a chance that bitcoin can be increase when the right times come always see the prediction of those professional who always risking big just to increase and also those company business that are involed with bitcoin industry. 
Topic: how low can it go - page 2. (Read 682 times)
I look at the current stagnation as at one of the longest in history of BTC. The bears are active, but dropping prices too low, is risky, because you need to compromise BTC itself, so it can spoil reputation and won't let BTC rise then, like they plan to do. So in current situation, I can't think of price going below 6500$, no one needs it, and it can be made only artificially
I know why bitcoin prices are lower now because of the miners and investors who hold lots of bitcoins and sell them at high prices so decreased bitcoin value, and it is expected to return to the top some months are sure.
Months, years, days, no one knows anything asides the whales and the major stakeholders so I say though since it pretty much looks like they are the ones calling the shots anyway. However, no one knows how low or high at market can ever go in the long run, but one sure thing we all know is that at a point, the recovery will set in and we will get to start thinking of how high it will go. So far, there is still a possibility that the market can go lower than even $7000. The little recovery we are seeing does not have anything to do with the long term perspective as it is normal to see those recoveries once in a while. It is important to always know that there is no way any of us can know how low, but the possibility is still very huge to go down lower if we end up breaking the major supports that we may expect to bounce from. We just have to wait and see how things would end up playing out anyway.
Why you want it to rise exactly next month? If it rises to 10k, will you cash you investments out? I'm sure not.
Kust be patient, unfortunately BTC is not yet ready to show it's potential
Kust be patient, unfortunately BTC is not yet ready to show it's potential
in my opinion simple, bitcoin has decreased the price means it is time to buy it, and when it is time to be monitored observed deeper and wider why it happened, why bitcoin decreased in price, I think the fall in bitcoin prices greatly affect the interest of the general public to the world of crypto because the mother's bitcoin from altcoin and purchasing power until the price is soaring and studying the crypto can be said 70% because of the bitcoin, but the price of bitcoin does not become an effect because the investors use medium and long term to invest, while the second reason is bitcoin price down is definitely the price of altcoin and tokens will increase, with the altcoin or other tokens can live with the project project, precisely in the presence of bitcoin the price down to make and live altcoin others, may be useful and successful for all of us
I think it is starting to bottom out and we could soon see the recovery in full affect soon.
We have already bottomed out earlier this year. It's just that the market is waiting for an impulse to start moving up again in a sustainable manner. I have no problems waiting a few more months for that impulse.All the increases we will experience without anything backing it up will undo themselves naturally, just like how we went up and down close to that much wanted $10,000 mark several times now.
And what do you consider to be a recovery in full effect? Back to last year's all time high? If so, I highly doubt we'll see these levels this year if the market stays as it is, but who am I? This market trashes everyone's predictions.
We should focus less on that all time high, but more on maintaining ANY level above the $10,000 mark. I think that alone would already be a massive accomplishment. 5 figure levels are very important psychologically.
OP asked during $7,400 so it's now a good answer to see the price of bitcoin now I guess.
That can be the assumed bottom for this month but still we can't celebrate too early. The price now marks at $7,600 and it's still fluctuating down to $7,500.
That can be the assumed bottom for this month but still we can't celebrate too early. The price now marks at $7,600 and it's still fluctuating down to $7,500.
Well if you listen to John McAfee then by June's end we should be above 15k. I am not the optimistic although I think we will have a successful month and I myself have a target of above 10k by month's end.
We cannot really say how low it can go so whatever others predictions it cannot guaranteed of how much price bitcoin can go. We can guess this month of june the starts of btc price to move to increase. So hopefully this month could surpass the $10k level or if not we have to be patient for the increase of price. Bitcoin price is now below 7,400$. We are seeing constant declining of the price since 5th may. Can you guys tell me how low it may go or we can hope that it may rise after this month.
Do not worry too much about the short them variations in the price of bitcoin, are you a trader? Because if you are not then stop worrying about it, the price will recover at some point in the future, as with how low the price is going to go, we do not know when that is going to happen but we know it is going to happen at some point and when that happens you do not want to have fell victim of panic and sell your bitcoin as a result.full member
Activity: 252
Merit: 104
Decentralized Ecosystem for User-Generated Content
Well if you listen to John McAfee then by June's end we should be above 15k. I am not the optimistic although I think we will have a successful month and I myself have a target of above 10k by month's end.
It is still possible for bitcoin to fall to below $7,000 though we are seeing little recovery lately. I think we are not going to high or volatile price movement until a serious fundamentals issues happen and we should expect that from future event.
The price could go down some more but the price seems to be leveling out some. I think it is starting to bottom out and we could soon see the recovery in full affect soon. The volatility seems to be smaller which is a potential indication that sell pressure is dropping. That’s when the buyers will begin to take over and we’ll see more buying than selling.
Now I think that from current levels Bitcoin will go $8K& Then it may get $ 10K. But during next month it start to crash hardly till $ 3K, may be even lower.
It is still possible for bitcoin to fall to below $7,000 though we are seeing little recovery lately. I think we are not going to high or volatile price movement until a serious fundamentals issues happen and we should expect that from future event.
Bitcoin price is now below 7,400$. We are seeing constant declining of the price since 5th may. Can you guys tell me how low it may go or we can hope that it may rise after this month.
It is impossible to tell how low it can go, but it did not go down below $7k and if it breaches that support level then it can go down to five thousands too, right now the market is recovering and this will be the trend for some time until there is big investments coming in.7k is the lowest at this point of time I feel it rest of them time can only tell unless some country start putting restriction then it might fell else things look good at the moment. Only small correction has happened and should be rising in 2nd half.
I know why bitcoin prices are lower now because of the miners and investors who hold lots of bitcoins and sell them at high prices so decreased bitcoin value, and it is expected to return to the top some months are sure.
It will be the highest price which you think bitcoin cannot reach!
Bitcoin price is now below 7,400$. We are seeing constant declining of the price since 5th may. Can you guys tell me how low it may go or we can hope that it may rise after this month.
Do not worry too much about the short them variations in the price of bitcoin, are you a trader? Because if you are not then stop worrying about it, the price will recover at some point in the future, as with how low the price is going to go, we do not know when that is going to happen but we know it is going to happen at some point and when that happens you do not want to have fell victim of panic and sell your bitcoin as a result.
Bitcoin price is now below 7,400$.
has been in this price for days and it seems to me that it is very difficult to raise the price.
Can you guys tell me how low it may go or we can hope that it may rise after this month.
no one can answer this question with absolute certainty and that pressure from governments is creating fear in investors.
Bank Shutout Forces Major Polish Crypto Exchange to Move to Malta
Austrian Financial Regulator Halts Operations of Crypto Mining Platform
have been like this for the whole semester of this year and this is creating fear in investors
Well, one can not tell when exactly the price decline will stop and any thing can happen in the crypto market since the movement is determine the forces of demand and supply.
Current situation in bitcoin makes me remember hearthstone card keeps saying "how long can this go on?" while mining sounds incoming. 
I think you shouldn't worry about time. It will end, its sure. Just stop thinking about it and keep mining & buying..
I think you shouldn't worry about time. It will end, its sure. Just stop thinking about it and keep mining & buying.. Jump to: