How Low Will Bitcoin Go?

After bitcoin’s dramatic drop this month, what are the likely lower targets – and how do we calculate them? We explain.

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About the Author: Alessio Rastani


  1. Hi guy I invest in miners harvest company where I earn double of my investment Double your bitcoin instantly!!!
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  2. Glad that I stopped BTC since Nov17. I wonder where those buggers promoting HODL earlier. They are all gone from YouTube

  3. Cyber cash? Really? What is it’s actual tangible asset in reality? Should cyberspace take a dump, and it will, what do you have then? I saw a really nice Villa in COD for sale, there’s an asset for you…

  4. TLDR; The oligarchical minority (the real players/exploiters) are now dumping while the vast majority of ignorant (heavily propagandized) plebs are being WIPED OUT. There's no prediction necessary here as this is the way it always plays out under what's called "capitalism". A system that poisons everything it lays its foul hand on. Once again, the tyranny of the minority rules the day while the majority gets shit rammed down their throats for behaving exactly like the propaganda of the rich told them to.

  5. Please watch your own video.
    Listen for the baseless, moronic assumptions and simple minded brain dead conclusions that have no basis in reality in any way.
    It takes dumb as dog shit MORONS like you to create any figure for bitcoin, a ponzi scheme of the greatest order, a "coin" based on nothing.
    At least you don't claim that bitcoin is there to serve/save humanity.

  6. I've come from the future and I can tell you that it dips to $1200 then rises to $2500.
    It does not get used as the ww currency.
    A new currency will become the dominant force and it was called ZCash.

  7. Bitcoin is one of the greatest pump and dump schemes I've ever seen. Take something that is literally worthless, hype it, drive the price up until the greedy and the stupid jump in to drive it even higher, sell it and then sit back and laugh as it goes to zero. Within ten years bitcoin will be trading at $2 or less.

  8. Let's all HODL till at least $3.99 is left, then let's cash the last of our BCT for a happy meal….the toy might even be a collectable one day the we will finally "go to the moon"!!!

  9. Below $1,000. ALL burst bubbles go to where they started. Japan, Oil, Silver, Gold, NASDAQ, Shanghai Composite – ALL OF THEM WITH NO EXCEPTIONS. SHITCOIN/BITCON WILL BE WORSE BECAUSE IT IS WORTHLESS.

  10. ANB Baby to Accept Payments in Bitcoin Diamond and Other Cryptocurrencies
    Baby Retailer Partners with Shopping Cart Elite to Adopt Cryptocurrency
    Press Release – updated: Nov 19, 2018 10:00 EST

    NEW YORK, November 19, 2018 ( – ANB Baby is pleased to announce that they will be rolling out cryptocurrency payment options through Shopping Cart Elite’s advanced e-commerce platform, designed specifically for the cryptocurrency. Their online store will accept Bitcoin Diamond (BCD), Bitcoin Cash (BCH), Bitcoin (BTC), Dash (DASH), Ethereum (ETH), Litecoin (LTC) and Zcoin (XZC).
    Established in 2006 in Brooklyn, New York, ANB Baby carries all of the essential baby and child care products and provide superior customer service, both in store and online. Customers can select from a wide range of luxury baby products including strollers, car seats, toys, child care products, feeding items, maternity/postpartum items, and other top baby gear. Committed to making a change in their community, ANB has supported many charity organizations with donations of toys and strollers.
    Beyond their ongoing mission of giving back to the community and selling high-quality baby products, ANB Baby aims to improve their customers’ online and in-store shopping experience.
    The credit card companies make it expensive and difficult to sell internationally, which has kept us from expanding our geographic reach. By now accepting cryptocurrency, anyone in the world can buy our baby products, without us needing to worry about chargebacks.
    Norbert Shtaynberg
    "We are excited to partner with Shopping Cart Elite to accept cryptocurrency as a payment method on our website and in our store,”  said Norbert Shtaynberg, ANB Baby’s CEO. “Now our customers will be able to buy baby products wherever they are in the world from premium brands like Bugaboo, Cybex, and Nuna.”
    ANB Baby’s adoption of cryptocurrency aligns with their value proposition of excellent customer service. “We welcome everybody and promise our customers that they will leave our store happy,” said Shtaynberg. “We will go above and beyond to achieve this in both our physical and online stores.”
    While e-commerce is continuously reaching new highs and evolving more rapidly than ever, security issues, payment delays, and expensive fees stemming from traditional e-commerce markets still continue to plague small businesses. The introduction of crypto e-commerce will help small businesses like ANB Baby overcome the barriers to international expansion.
    “The credit card companies make it expensive and difficult to sell internationally, which has kept us from expanding our geographic reach,” said Shtaynberg. “By now accepting cryptocurrency, anyone in the world can buy our baby products, without us needing to worry about chargebacks.”
    Being among the first baby product companies to accept cryptocurrency payments, ANB Baby stands out amongst competitors. By leveraging Shopping Cart Elite’s sophisticated e-commerce platform, ANB Baby will continue to deliver unbeatable customer service by providing a seamless and convenient shopping experience.
    About Shopping Cart Elite
    Shopping Cart Elite is an e-commerce platform for companies who are dissatisfied with the limitations of their shopping cart. With significant experience in the industry, they provide solutions to completely automate online businesses. Unlike the majority of shopping carts on the market, Shopping Cart Elite has created a software that doesn't require merchants to have a bunch of third-party apps in order to have automation, marketing and SEO tools for their online business.
    Recently, Shopping Cart Elite has developed an advanced e-commerce platform designed specifically for the cryptocurrency. This platform has already served as the basis for BCD Bazaar and has been adopted by several merchants, including Marks Jewelers, Mahone's Wallpaper Shop, NewParts, and more.

  11. You were spot on again…good job (I also expected a bounce to $6k…guess that energy is still stored). Seems like we are waiting for levels now.

    Btw, RSI on Bitfinex BTCUSD is also on historical lows (lower than $150 bottom you were showing)…I guess this could mean reversal as well, similar to what happened there.

  12. Bitcoin and blockchain are most likely a government-sponsored "pawn shop" operation. People were encouraged to use them to buy grey or black market goods and the transaction details are stored within the blockchain, giving investigators and law enforcers a perfect record they can prosecute on any time in the future.

  13. Hopefully to zero! Crypto currency is an attempt to create value out of nothing. Pure virtual speculation like part of the stock market.

  14. It doesn't matter how low Bitcoin will go – there is only another $5000 to drop. Whether it drops to $1 or $4000 or somewhere in between it is purely academic – when the bear market ends it will start to go up again, and no-one will even remember where the bottom was. Unless Bitcoin hasn't got a future after all that is – in which case there's not a lot any of us can do about it. It seems to me though that Bitcoin has a future, all indications would suggest that.

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