Quote from: huntingbtc5 on May 27, 2018, 03:03:25 PM

Bitcoin price is now below 7,400$. We are seeing constant declining of the price since 5th may. Can you guys tell me how low it may go or we can hope that it may rise after this month.

It can actually go as low as it wants to go and basically, no one can actually tell how low, except time. I believe though that even if we are going to end up seeing a huge low, it should not be lower than $7000 and that would even be a pretty huge one to even expect at all. However, no guy here can tell you anything except for you to just accept whatever comes and look more at the long term because speculation will not solve anything except for you either missing out or making wrong and baseless decisions.

Bitcoin started showing some recovery and from this, we may have some hope to have better June month. As of now, I guess we do not need to worry on how much low bitcoin prices may go. But practically that would be a big search for many people here who are all looking to enter at possible lower price levels.