What will be the lowest value of bitcoin before it will start to rise again?
Right now it is going straight low.
Check the poll. (top)
Choices:
$12,500-$12,000
$11,999,-$11,500
$11,499-$11,000
$10,999-$10,000
Below $10,000
Bitcoin wont be lower than $14000 thats just not possible unless no one uses it. Stay tuned for more though it will rise but not a lot thats for sure.
We have the same thought, I guess bitcoin won't be lower than $14000 because every each time passing by the demand of bitcoin is now high that makes the bitcoin price to grow. This year cryptocommunity will become more dense so expect that that there will be a high number of transaction will happen then bitcoin will now increase again. Therefore, yes bitcoin will decrease but it is not severe because bitcoin will soar high.