Bitcoin Forum

In spirit of the other 'bitcoin will never reach' threads...

This could be interpreted one of two ways...

Sorry for giving false hope to the bulls. This thread is for the bears.

After crossing under $5000 bears will make a thread that it'll never go back over $5,000.

The last part isn't my prediction, I'm just reserving the thread.

Don't you have anything else to do?
You are pathetic and keep on dreaming...

as you seem to be a person who made good calls and bad calls, maybe on purpose  I don't know, could you enlighten the number 60659 on your profile?
Is it the price of BTC in december? :)

I get the 'joke' about it not recovering above $5000 but do you yourself believe that we will dip below $5000, I would be interested to hear your opinions as you have quite the reputation on this forum for being one of the better experienced and educated individuals when it comes to bitcoin predictions.

Even if the price have Dip below $8000 mark, I never thought of the price getting below up to the $5000 and I really think the bottom is $7000 mark so we can assume that it can never go beyond that bottom price, I know that the whales really want to buy a cheaper price for bitcoin but they can not manipulate any further from that bottom value.

There is nothing wrong if we hope and think that it will not reach $5,000 or below again as Bitcoin is more popular today than yesterday in fact there are lot of development that are now happening all over the world in favor of Bitcoin in which it makes me believed that it will really not going back to that value anymore. In addition, most of the famous experts predicted too that Bitcoin will not deeply fall but it will reach up to $20,000 to $25,000 for this year.

I understand you sir.. 'cause no one's perfect and indeed there no one can predict the volatility of the market that's why we need to make a prediction to avoid panick selling..  By the way it doesn't matter now the most important is to keep believing that the market will stabilizes soon.

It's nothing to do with crypto. Some nerdy movie reference.

Seeing the similar threads like this recently but for the bulls, it's strange to think about but I would say that we've more chance of passing $5000 and not returning above it than passing $100k, dipping below it and then not returning above it. Given how close we are to 5k that seems like a bizarre thing to think about and express but I do feel as though an extended bear market this year would really hurt cryptocurrency in the long run given how much global exposure there is now compared to previous examples such as 2014.

Yes you are right no one can know what will happen to bitcoin since the market are in dramatically situation but in my own prediction it will never go back to $5000 the possible price is $6k to $7k then after that the price can go up again but right now more people are doing panic selling and more badnews that come to bitcoin the situation can be change if bitcoin received a positive news.

oh my god! what you say my hero! we do not have so much negative news to push it down to $ 5,000. In my opinion, we will soon take off to the next numbers. just March just bitcoin fell, because next April we will soon rise slowly to reach $ 20,000 in June or July.

Claiming never again some price has always dumped in faces of both bears and bulls, looking historically. Those claims are just pointless, just like topics about never again.. But i understand people get their satisfaction in that, if that is cheering you up, good for you...

In current times, this thread has far more chances to become reality than the other threads stating that the market will never reach a much higher price. There are always two sides to every story.

Your statement would have made sense if this thread was named 'Bitcoin will never reach $500', which it doesn't. This thread is labeled as a bear thread, but I don't find it that bearish to be honest.

These threads will turn out to be a great read once we're a few years away from now. I for fun browse through bearish threads of back in the days, and especially those from kwukduck, which indicate how much we have grown.

For people not understanding these threads, or find them nonsense or fud'ish: grow a thicker skin.

I was expecting the thread to be a bull thread as we need more positive comments now than negative comments at this moments that price is fall at the alarming rate. I think  $5,000 should be a support level that should see the price moving. The bears are having upper hands today and since this year we have been having bearish market and bitcoin going below  $5,000 is not what I wish.

What the hell is this, Bitcoin price will actually matter when we dont constantly talk about US dollars.    The currency of just one country in a world of 7 billion people, thats obviously a backwards failed biased system and Bitcoin can aspire to greater things then referring all the time to the US treasury for its worth.    People matter far more then political constructs, growth comes from people and from every nation not just the price set in minority of just 400 million.   Dollar value is declining by every measure, the price for BTC then even with no growth will keep rising.   I would hope for alot more as a best case

https://i.imgur.com/GrX2AOo.jpg

Due to the financial year end,the price of bitcoin is just fluctuates to low value.The price of bitcoin is again start to increase and now moved to 8100$.In June-July,the price of bitcoin will moved to 15,000$.So just hold your coins till this July to get more profit from it.

Im here waiting for lower prices ready to buy cheap coins, but I think we may not go below the long term resistance line that comes from $1800 throw high $2000's until the $5890 ish bottom, so we are doing fine.

If I had the gamble I would NOT short, it would be an insanely unnecessary risk, just get some fiat ready for some potential discount in bitcoin prices. Sooner or later everyone will FOMO back in again. We are going much, much higher in the next decade. This and 2019 are the last years to try to accumulate as much BTC as possible, after 2020 it will be near impossible to make even 1 BTC a year anymore for most people.

Although this is a significant drop to the downside 8000$ on March 20, it was unable to overcome above the 20-day EMA.
The worst fall for the price was in February 06 where 6,000$ will be a minimum barrier.
I agree with you " Bitcoin will never reach $5,000 again" even if the price falls, I do not think it will be less than 6,000$.
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if there is a decrease up to $ 5000, I will not long to buy more, bitcoin issues will not touch $ 5000, come on, not enough time to touch $ 5000 where bitcoin is too important in each country to consider the future of cryptocurrency, for now bitcoin takes time to reach a very high price by the end of this year, proving to be the case.

There have been threads like this the entire way down, "we won't see under $17k again", then 16, 15, and "$13k will hold for sure", then it was $10k, then $8k, now $6k and $5k threads. It will do what it will do, myself I think we may even drop down into the $2k territory and it wasn't too long ago that we were all elated when it crossed past $1k again, which was the first time in 3 years. It will need to hit a solid bottom wherever that may is before recovering, but just throwing out arbitrary price points isn't helping anyone.

I think the price crash right now, it's going to be a very hot dry season, if I see from some hot news bitcoin getting better, this makes it hard to manage revenue and expenditure every weekend ,, and I think loan services is very helpful for currently  ;D ;D ;D

Crash is happening right now, but the price drop will not be so horrible like down to $5000, I myself believe that the recover that occurred to make bitcoin prices become more powerful, it will stabilize the bottom bitcoin price position and the current bottom line may be only up to $7k. yeah this time the market becomes red and trading is very risky lol

let's hope so, because we do not know, what awaits the bitcoin up ahead. hopefully the price will not fall below $ 7k. lately, bitcoin has become a topic of conversation for people, and that may affect its price.

Just hope it won't go back below $5000 but if we look at the previous charts then it's clear that it will go somewhere below 80% from its highest point.
According to this, it shouldn't go below 4000 anyway.
cheers. :) :D

It'll slide down further IMO, we just gotta be prepared for it. With all these regulations looming around there's gonna a be widespread fear about it's effects on the long term. Plus you gotta factor in the plans to tax the industry, it's still not solid yet.

Sad that this thread was dedicated for the bears.   :'(
Let's hope that it won't go back below $5,000 I have to counter act with this post through crossing my fingers that it won't come.  ;D
Even there are hot news, positive news there is/are force that is trying to stop the price to increase.

In my opinion, there is probably actually quite a large likelihood that bitcoin will reach $5k at some point in its downward corrections. Especially with the $9k resistance proving to be stronger than expected, we don't seem to be on cue to making it back up to $10k+ any time soon.

I understand that OP wants to dedicate this thread to the bears, but what I personally believe that if we do make it down under $5k it's probably going to stay there for a while after a few bounces. But sooner or later, whether it takes months or years, there is going to be a pump that will pump BTC to higher than $5k for sure.

At least in my opinion, there is just way too much upside in buying BTC under $5k for it to stay under $5k for the rest of BTC's lifespan. Also coupled with imminent inflation in fiat, if BTC just holds its real value it would eventually make it back up to $5k+.

We cannot just say because some specific stuff happened in the past, it will repeat itself in the future. We all know every currency market will always set its own new record, so I do not see any reason to attribute yesterday to today. A lot is different with past years, we cannot compare fundamentals, and we best just wait for the year to set its own record and hope for the best.

Everything that happens today is a new record set and that is what we are going to have it as. So to answer the OP's concern on $5000, I believe even may test $5000, bitcoin price definitely will bounce back sharply. I guess $7000 will act as strong support but we need to wait for confirmations.

Prediction is a prediction it means no one can sure that price of bitcoin will down or up the important is bitcoin are still there with value so the right we can do is buy or hold it.

it seems that what you predicted did not happen., current prices are getting on the base,.. even the issue of bitcoin prices will revert to the original price, this can be real if we continue to be adopted by the stupid news that links bitcoin.,,
there is no good news about bitcoin,.. even more bad news that damages bitcoin prices. this is so bad..

All these charts are just minnows trying to decipher whale fart waves

That's the truth, even experts not certain on the price the predictions may not be reach. The moment that their is buying and selling in the market the value is still active. Hence, i dont think it will not reach to $5k.

indeed everybody might be do not know about the future.
but we should know the fact that we need miners to run and solve the block for us.
if the price hit $5000 for the time being and miners can no longer get any profit from it,do not you think it would be bad for Bitcoin itself ?
because the network will be died and we can not do anything about it.
from what i heard we need to maintain its price in or around $5000+ and no lower than that.
Bitcoin price might be hit $5000 for a few seconds,but it will not remain at its level for a while.

not really since if many miners shutdown the diff goes down and then the rest of the miners make money again..  always some make money and many others lose

I feel that at this moment bitcoin prices will start up again. I really hope the miracle will happen in the coming April. so far, the bitcoin prices are down, really shake the mind from the holders. hopefully the month of April prices get better again.  ;D

If BTC continues to dip on April many might lose their living, or will have no choice but to sell some coins for living, as much as possible I just hold into my coins and just use my salary to spend, I will hold into it until the last month of the year, I know it will arise soon again greater that 5k or eventually make another ATH.

Right now, the trends are overwhelmingly negative and the trade volumes are also quite low. The prices are hovering at around $7,000 per coin and it seems like it will go down further in the coming days.

Lol if it stays like this until september, when mt.gox will again be selling off their btcs, then we'll see a dangerous drop that wouldlikely make even experienced traders panic. The thing is i believe in btc and what it stands for and i'm prepared to stick with it even if it stays bearish the whole year

I am expecting that bitcoin price is not getting down to 5000$, but it will hopefully get a good support at that price and after staying here for a while its price will once again start increasing and this time we are expecting that its price will surely hit 20000$ and will even continue to grow, we just need to help our bitcoin and do not create panic. Hope this will also help bitcoin price to grow more and more.

wow, i've never seen a reference to cube 2. definitely a nerdy movie. i remember not understanding how the 6:06:59 revelation made sense, because it seemed like time/space was completely distorted anyway. maybe it went over my head.

so anyway, what's the reference supposed to mean? are we all stuck in a tesseract? :)

A lot of people think that the level of 5000 dollars is not possible, the value of a currency is 6,500 dollars but it can not reach 5000 dollars level. This is pretty thought provoking, as Bitcoin can be $ 15k or $ 5k. The wishes of the whales are shaping this market.

Anything is possible as the market is very fickle. Any time from now, bitcoin can actually dip below $5k and stay there for the rest of the year. And no amount of shaking and dicing can move it, if the market dictates it to be so.

Nobody ever knows which mark can Bitcoin reach finally. Today it can go to the Moon, and tomorrow it can fall under 5 thousand or even below. It is unpredictable.

I disagree with you. The price of bitcoin can not fall below the level of profitability. Now this level is very high. This is not the bitcoin that could be mined on the computer. Mining requires the purchase of expensive equipment and high energy costs. The idea of a free currency will never lose its relevance. Bitcoin may lose users like you, but others will come to your place.

The main bitcoin crash seems to be over but there is no sign of any real recovery. Bitcoin rises and falls by a few percentage points daily but not really moving up or down.