How low will it go?

bitcoin will crash and it's not a matter of when.

 

All this BTC money will FOMO into ETH when it hits $1k+ USD within the next 2 years. It'll be a glorious, bloodbath filled day in crypto.

 

It will crash, you are correct on that....My guess is to probably $2800-3000 level...Remaining steady at that, and then within a few months we will see another increase in price.

This has been the trend over the years, we haven't really seen a serious longterm dip in price in 1-2 years. The dip down to $1850 was literally just for a matter of 48 hours before jumping back up to an ATH. I believe that was mostly because of the scare on the August 1st decision which really didn't do much but boost the price after.

 

I'm not sure if that chart is relative to the sentiment crypto has now.

 

Agreed.

If you time it well, hold fiat on the side and buy near the bottom you'll make some decent profit.

 

Bitcoin is like Party Hat. The price will fluctuate, but will forever go up.

 

Not true

 

Care to give a reason? They're both discontinued items.

 

Actually btc isn't discontinued right now plus i think a new coin will come out and take over btc

 

Bitcoin will be king, for a while at least. Don't forget that.

 

Definitely i was just saying i dont think bitcoin will go up "forever"

 

Aha, well yes forever is a long time .

 

I don't think it will be forever for sure, 5-10 years..Easily. But things are so unpredictable once a new generation comes along and new things come out. Guess we will have to see how it plays out into the 2020's!

 

Keep in mind once the scarcity of halving kicks in, FOMO will hit hard.

21M max supply.

 

That's going to be a glorious time for us hodlers.

 

that's a good analogy haha

 

Good point

 

how dumb is this post now

 

I mean, BTC could still crash.. he never said it would be soon. He just said it would happen, which just like any other time BTC has soared to the moon, it has always had a minor dip before increasing again.