Re: BTC will be back in $1,000 ?

I had received over $5K bitcoin payments and the price dropped within short-time its a massive drop and I'm under a huge loss. What to do I don't know.

All you have to do is hold your bitcoin and be patient as the bitcoin price continues to fluctuate and this is common, if you can be patient to wait for the bitcoin price to increase again, I'm sure you will not suffer huge losses. Keep calm and do not panic.

Bitcoin prices continue to fall but seems to refuse to go lower as it now stops at $2300. Roll Eyes

Anything is possible with bitcoins as price is going down continuously now so we may see price going below $2k in coming days but I don't think that there will be massive price crash which can take back it to $1k but be ready for some more decline in price in next few days.

The price is now still stable at $2300, this is the same as yesterday at the moment stable at $2500. Now I'm very worried if the decline will happen again. Whether anyone can give speculation that is relevant enough if the bitcoin price will be pumped again after 1 August? Because I'm pretty sure bitcoin will not go back to $1000 even if later a chain split occurs.

It's just normal to see bitcoin dropping down because of the fluctuation rates but $1000 is too far to be worry more about. I think it's just too deep for bitcoin to drop to $1000 even if the chain will split this is way too deep. They drop to $1500 before that hard drop is all i know and they never go down below to that. I think the OP is in panic right now, he should keep his pace calm and wait for the results after August 1st.

Think positive!