How low will BTC reach? - page 4. | Bitcointalksearch.org

bitcoinvamp

full member

Activity: 182

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Quote from: gusnips on February 05, 2018, 12:44:42 PM

How low will BTC price reach?
Just to know what you guys think

I think it could go down to 5000$ but not below that and would be stable for a period of time which leave a huge opportunity for the people to buy bitcoins and wait for the price to increase and enjoy the profit. But this requires patience as the price is not gonna increase too rapidly.

renes

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Everyone predicts the bottom is $6K but after touching $6k, I think we will touch also $4k this year, because I think in 2018, there will be only bear market.

u9y42

legendary

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Quote from: Anphonsus on February 05, 2018, 12:48:59 PM

I would say 7k and then bounce back, otherwise 5k. Because if it can go down to 6k, it won't stop there. 5k is the last stand and I believe it will hold.

I agree. I don't think we stopped on the $6k range for long on the (rocket propelled) way up, so there probably won't be a lot of support there - assuming we break below $7k psychological, which I hope we won't. Roll Eyes

trecore4

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The current situation of the bitcoin market in the China and around the globe has changed speculation very dramatically. I believe that bitcoin will reach to prices of 5-6k and will play around it for long time. The lowered prices is actually opportunity for many investors so it might happen that they will put big money at this low and thus will keep the balance of in flow of money into it. The net result would be little stability for sometime as almost more than half of crypto investors will be investing money and slowly people who are selling the BTC will drop in number. So we might just expect it to drop by 2 k more but it won't go below that point for sure.

Anphonsus

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I would say 7k and then bounce back, otherwise 5k. Because if it can go down to 6k, it won't stop there. 5k is the last stand and I believe it will hold.

gusnips

newbie

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Merit: 0

How low will BTC price reach?
Just to know what you guys think

Topic: How low will BTC reach? - page 4. (Read 492 times)