How low will bitcoin dip, what's your estimates. I know

2.8k but it'll take a while, and I genuinely believe we might not see 5k levels again.

Bitcoin was under $1k in January. There's no reason it can't dip that low again if the crypto bull market is over.

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>>3458952
that sounds like a pretty good level, although I disagree with you on the 5k levels, you have to keep in mind the darknet drives a good portion of bitcoin trading and there slowly recovering from that shitstorm that happened a few months ago, I'm surprised the dip didn't happen right then and there.

>>3459010
>>3458952
retards

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>>3458924
BIGGER QUESTION YET

if BTC is entering a bear market, and all other coins are dependent on bitcoin, won't all of them enter bear markets sooner or later?

so essentially crypto is over until the next BTC bull run

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>>3459010
Man I could only wish I could get it under a thousand dollars I hope you're right lol.

>>3459018
Darknet is irrelevant. Proven conclusively. Darknet trading could end tomorrow and you wouldn't know by looking at the btc price.

>>3459036
This is implying crypto isn't used for other reasons besides being a hold of value, money laundering, and the darknet hold need crypto to function now a days always forming a value.

>>3459055
I'm just saying if it does enter a bear market, we're all out of business for a while
no one is going to hold BTC or any other shitcoin if the long term trend is depreciation

>>3459045
Not true in the slightest, the reason the coins didn't dip when darknet trading stopped is because no one immediately dumped their coins including the coins that the u.s. GOV seized, but right about now is when you would expect u.s. government to start dumping coins. Also non-darknet related money laundering happening in china holds btc's value. In addition to this the reason the Btc's value wouldn't fall though is because more and more people hear about btc and see how much its value has rose each time it makes headlines from darknet drama so prices go up. p.s. saying darknet trading is going to end tomorrow is like saying the sky will fall, the first commodity ever bought off the internet was weed.

>>3459018
>>3459055
If crypto prices solely reflected the amount of actual use BTC would likely be back to 2015 levels and all the altcoins would shit the bed.

DataDash predicted just above 3500

https://www.youtube.com/watch?v=0xeHBWz9kTc

Stock market indices like the S&P 500 have fallen 50% from their peak several times. A much more volatile asset like Bitcoin can easily fall more than 50% if the bear market comes.

>>3458924
just under 3k

a good opportunity to buy for now .....

>>3459010

you are legitimately autistic for thinking this