Hi guys! What do you think, will bitcoin fall to $ 3000 in the near future?
Can it fall? I think it can but it is not going to happen without a good reason, not even all the China FUD was enough to make bitcoin drop that low, but I think the coming fork may have the strength to make the price drop that low, so if you have the money take that opportunity and buy cheap bitcoin.
If something official comes out of China about banning Bitcoin, I think it the price will drop temporarily and possibly to $3000. But I think Bitcoin will recover and get back to $5000 next year.
Issues with China won't have a permanent affect on Bitcoin and I don't think the Chinese government can stop Bitcoin even in their country. Bitcoin is established enough now to overcome those issues.