How low will BTC price reach?
Just to know what you guys think
6.500 USD will be the lowest value of bitcoin in the market this month. And will reach more than double before the month of February ends. after that, we can see bitcoin to be back on track and be reaching the highest value before until March of this year. And this coin will have the milestone of 40.000 USD before the year ends.
This is also my call, $6500 will the lowest till we see some semblance of a rally and start to witness the graph going up. I think the dumping will slow down once we reach $6500 and those weak hands who have been holding till yesterday has given up and decided to push the sell button. I don't think it can go any further than that.
everything below 5k would suprise me a lot. It is definitely not going under the price of 1k, so I think the worst case is somewhere between 5k-1k.. Everything below 5k is a good entry in my opinion.
I will be surprise as well. $5K for me is not realistic bottom but I might be wrong. At around $6500 it will be really a perfect time to buy specially for those who have been waiting for a long time to enter the picture. No need to wait for further dip as it might not go below $6K.