Quote from: Peashooter on January 22, 2019, 02:08:53 PM

Quote from: Bttzed03 on January 22, 2019, 01:18:47 PM

Quote from: kelz1 on January 22, 2019, 07:17:08 AM

At which price do you think bitcoin will not be able to recover from? There is strong support at $3500 but is now at risk of being breached.

Is $3000 the low point after which there is limited chances of it returning to the glory days?

That point of no return would probably be less than $1000.
Some say bitcoin will fall below $3000 before a new market cycle starts and reach new heights.

Even some people predict that the price will fall $3000 it's not yet sure if this thing will really happen. But, for me I will remain positive which I know the price will recover soon. I hope the price of bitcoin will not fall at $3000 because it will might the reason on its hard recovering.

$3000 although being low is not a serious threat, anything lower than that because it is a major buy support, can be a bad thing. although it is not because of what OP says, there is no such thing, but because it will increase the length of the downtrend by a lot more and that will also damage adoption since it slows that down significantly.