Topic: Once we hit $1000, how far will BTC drop? - page 8. (Read 7392 times)
It is obvious that the OP is a troll. He only has one post and is purposely creating a false dichotomy which suggests the price must either drop at 1000 or stay between 800-1000.
This year is the increase in the price of bitcoin best in my opinion. Bitcoin is more developed than the previous year. I believe that if the price of bitcoin crashed it will not reach less than $ 500. If I may predict definitely at a price range of $ 580 and above. Because of fluctuations in bitcoin, bitcoin prices now stronger than ever, so that if the fall will not be too far away.
Why not straight to $6000 ?
Seems reasonable based on all past major revaluations.
IMO it will surely be stable after $850, if the price raised over 1k once. then the price could be up again.
let's see how the Chinese do to bitcoin on trading strategies, if this rise made mainly by China. i think $700 is less likely in the cards as the 700+ has been a while.
With $1000 in the not too distant future and the ensuing sell off (I'm sure many consider this a psychological target to sell 20-50% of their bitcoins for profit, if only to re-invest after the drop).
The question is: after $1000, just how far do you think BTC will drop back? Could we see the days of $500 from August again, or are we stable above $800-900?
Not sure if we touch $1k in this up leg, but once the correction starts, I think we should test $700 support. I agree that we could see 20% drop from where we are now, as a reasonable correction target. But we will know more for sure once the correction starts. The question is: after $1000, just how far do you think BTC will drop back? Could we see the days of $500 from August again, or are we stable above $800-900?
let's see how the Chinese do to bitcoin on trading strategies, if this rise made mainly by China. i think $700 is less likely in the cards as the 700+ has been a while.
With $1000 in the not too distant future and the ensuing sell off (I'm sure many consider this a psychological target to sell 20-50% of their bitcoins for profit, if only to re-invest after the drop).
The question is: after $1000, just how far do you think BTC will drop back? Could we see the days of $500 from August again, or are we stable above $800-900?
Not sure if we touch $1k in this up leg, but once the correction starts, I think we should test $700 support. I agree that we could see 20% drop from where we are now, as a reasonable correction target. But we will know more for sure once the correction starts. The question is: after $1000, just how far do you think BTC will drop back? Could we see the days of $500 from August again, or are we stable above $800-900?
Nothing is assured with the increase and decrease of bitcoin price. Price increase took place in a short to a big value, which too goes down without providing any notification. This holds the market to be without crisis as well depending other country's.
If OP refers on what happened four years ago, then he doesn`t have valid arguments for his words except history. I`m a gambler and I know how many times we can see same situation like before, patterns are everywhere around us. I just think its not possible, circumstances now and then are completely different, and this time bitcoin can hold that 1000 $, now too many peoples around the world are involved in bitcoins, and bunch of companies that support bitcoin and blockchain.
I don`t think its a pump, but we will see very soon I think.
I don`t think its a pump, but we will see very soon I think.
What makes you think it will drop?
Obviously profit booking will take place as many investors would have been targeting $1000 price levels but I believe before it makes a pullback, I guess it will set a new ATH. Because, new investors will be rushing and definitely would be more than profit booking. So, after $1000 a jump will be possible before any pullback. 
What makes you think it will drop?
You all seem certain of this but is $1000 very special?
For example I don't think it will matter to chinese traders very much
For example I don't think it will matter to chinese traders very much
If Bitcoin reaches at 1,000$ after then maybe it's down at 800$ before returning at 1,250$ about 3 months later.
That is my prediction.
That is my prediction.
$750 is more accurate, that is the last stable price before this rally went all the way up, so i guess it's should be more probable that it will return at that point, but i also think that we can set a new bottom if we go above $1000 this time, so maybe 1k will be the new bottom and the last ath will be reached again
Yes if it hits $1K then it will surely drop at some point. It depends on what is happening around the bitcoin market.
Don't forget that bitcoins price is tied by the laws of supply and demand. For example when it hits $1K, A large
number of btc was sold, It should drop around $800-700. Also read some article about manipulation of pumps and
dumps.
Don't forget that bitcoins price is tied by the laws of supply and demand. For example when it hits $1K, A large
number of btc was sold, It should drop around $800-700. Also read some article about manipulation of pumps and
dumps.
for example if we reach $1000 this week price will crash back to $800 again but if we reach $1000 2-3 months later and more nothing is going to happen really, we will stay there on $1000
Yes it all depends on how fast we hit $1000.
The rise from $800 to $900 was fast and doesn't seem to have lost much from what its gained.
Unless the rise to $1000 happened overnight, I don't see the price dropping below the current levels.
i think it will drop from $1000 to $500 i think because im thinking this will be the reason for the bitcoin drop down price. we all know that many users will exchange their bitcoins to fiat because even we dont think about it thats the truth .. that fiat will always be the best because its the primary money use on transactions on our everyday life..
your question is wrong.
what happens to the price does not depend on when but instead it depends on how meaning when price reaches $1000 anything can happen depending on HOW it got there.
for example if we reach $1000 this week price will crash back to $800 again but if we reach $1000 2-3 months later and more nothing is going to happen really, we will stay there on $1000
what happens to the price does not depend on when but instead it depends on how meaning when price reaches $1000 anything can happen depending on HOW it got there.
for example if we reach $1000 this week price will crash back to $800 again but if we reach $1000 2-3 months later and more nothing is going to happen really, we will stay there on $1000
If enough large players have set their targets on selling at the time the price reaches $1000, then I think the lowest (for the time being) the price will drop is to the $700 mark. In a better scenario which at the same time is more likely to happen, we might fall back to below $850 where we maintain the $800 level. But it's pure speculation. Only time will tell what will happen.
lets see as i see bitcoin will be drop to 650-700 because after it reaches 1000$ many peoples trying to sell it,but after that with ongoing demand btc will rise within 1 or 2 month and it will stabilize at 800$
If the price will touch in $1k value the price will down because many people will be satisfied with the price increase and i think it is just a normal if we are seeing the price was increase it is just a normal that the price will decrease again.. but it is a good sign that the price can be touch in 1k value.. and i think that it can be stay long in the future like the price right now.. we are staying long in 800 value and 900 again back..
If Bitcoin reaches at 1,000$ after then maybe it's down at 800$ before returning at 1,250$ about 3 months later.
That is my prediction.
That is my prediction.
With $1000 in the not too distant future and the ensuing sell off (I'm sure many consider this a psychological target to sell 20-50% of their bitcoins for profit, if only to re-invest after the drop).
The question is: after $1000, just how far do you think BTC will drop back? Could we see the days of $500 from August again, or are we stable above $800-900?
The question is: after $1000, just how far do you think BTC will drop back? Could we see the days of $500 from August again, or are we stable above $800-900?
don't even dream about days of cheap bitcoin prices of $500 don't even expect to see $700 ever again. those days are long gone and you have to accept the new much higher price which will never go down.
and you see what is happening right now with $900? price goes above it and goes back down. the same thing will happen with $1000
if there is enough support to go to $1000 then there will be enough to keep it up and then you see $1200 over night after that short period.
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