BTC Price Forecast $5,000 Today 10/10/2017 to End Of Month

[torinoxs87]

Do you guys see Bitcoin reaching the 5K between today and tomorrow? as of now its around $4,900 USD per bitcoin, even with the Russia ban news that didn't appear to have much effect on it.

it also appeared to be a pull back for today's price around $4700, however volumes started to increase. and what you would think it would close by end of month with the upcoming Fork

thoughts?

[Rozita]

I won't be surprised if I see the price at 6000 dollar. Most of Cryptocurrencies dealers are trying to get more Bitcoins before upcoming fork. After the experience of past fork when people got valuable Bitcoin Cash, they don't want to miss Bitcoin Gold.

[Opquar]

Even if it does climb to $5000, it won't stay that way for long. We've only stabilized at around $4700, and it will take more than a day to stabilize at $5000. It would be a safe bet by the end of October though.

[pooya87]

Do you guys see Bitcoin reaching the 5K between today and tomorrow? as of now its around $4,900 USD per bitcoin, even with the Russia ban news that didn't appear to have much effect on it.

Russia never banned bitcoin and never had the intention to do it either. that was FUD

also as you can see price didn't reach $5k and it probably will continue to struggle. because the $5k price is the previous ATH and breaking the ATH is always slower with some more resistance than normal. not to mention the round number effect.
we may see it before 25th though. because apparently people love this coming fork for the free money they are going to get

[Diced90]

I Equally thought we shall breach $5000 around this time frame but looks like we have been pulled back to the $4700-$4800 hope we can get people to panic buy and get the price where we want it to be.

[Sithara007]

My opinion is that it is going to cross the $5,000 per coin mark. Once this resistance level is breached, the exchange rates can go quite high. It may not go all the way up to $6 K, but my guess is that it may get stabilized at $5,400-5,600 mark (which means a 10% to 12% rise from the current levels). But the major spike is going to occur in November.

[777Bitcoin]

That 5000$ is reachable this week and not today as it goes down now to 4760$ again with -60 down. So tomorrow might be a different scenario but I will not put a day by day prediction as it changing fast as of today. So this week 5000$ above up to 5500$ is hopefully possible and have a big chance.

[Barbut]

I won't be surprised if I see the price at 6000 dollar. Most of Cryptocurrencies dealers are trying to get more Bitcoins before upcoming fork. After the experience of past fork when people got valuable Bitcoin Cash, they don't want to miss Bitcoin Gold.

This can be the best explanation for current rise. I don't know how I didn't remember that. People already forgot panic and fear before 1 August, now we know what will happen, there is no panic and people wish to have as much bitcoins as they can, not just dealers. Demand is going up and people are waiting hard fork before any unnecessary bitcoin spending.
Bitcoin holders will be better prepared for this fork, does this mean that bitcoin gold can have better start then bitcoin cash?

[arpon11]

I have been following the trading volume from most of the popular trading platforms and I have see that before end of this week bitcoin may be trading above  $5000 and before end of the month it might be above  $6000 because I  do believe event is going to repeat itself again as the same thing that happened last August will happen in this Sigwit2x too.

[legendbtc]

I Equally thought we shall breach $5000 around this time frame but looks like we have been pulled back to the $4700-$4800 hope we can get people to panic buy and get the price where we want it to be.

Whenever it is rushing towards 5000$ people are propagating a lot of FUD about the Bitcoin banning. I think it is possible for bitcoin to cross that 5000$ market before 25th October, many people will start pushing the Bitcoin towards the 5000$.

[DaMut]

will it reach $5000 today until the end of the month?
yes i believe it will,even if it's not breaking that level.we should be at least reach $4900~$4980 marks.
just like when we encountered our first split 1 august before,
the price will be pumping until a few days before split and another fud appear.
i think we should see something like that again,
but i heard a news about 'that' thing and what will it be,
many people spread the FUD about what will happen when the split happen and Bitcoin found another competitor.
but this time i heard,that thing exist with Bitcoin and support Bitcoin and growth with it together.
which mean the price should not be dump so hard but instead will be huge directly.

[BTCLovingDude]

i am afraid there can be at least 1 more drop before the $5000 is really reached. another drop in the same manner of the last drop meaning price will go up again to $49xx and then in a flash it drops down again. probably to $48xx this time and then go back up again.

if you can put some automation here, there can be some short term small profits to be made from the rise and the follow up dip.

[baronious]

I think we will reach 5k in the next 48 hours.  If it breaks 5k mark, I think it's going to go a whole lot higher than that and probably stabilize around mid 5000s.

[Pleione527]

It may probably reach $5000 before this month end but I'm afraid that after hitting that it may suddenly drop again and may reach $2800 again because of the upcoming bitcoin gold and bitcoin segwit 2x... the hard fork may affect again the pricing of bitcoin but I hope this would make crypto currencies more stable and better

[nydiacaskey01]

It is possible to hit $5000 and up to $6,000 as we approach October 25 more and more Bitcoin and Altcoin holders wants to grab more Bitcoin to get a hold of Bitcoin Gold but expect massive dumping of Bitcoin Gold once its listed and sell is allowed just like what happened with Bitcoin Cash. Price of Bitcoin may follow as well.

[Lecsor]

I am sure that by the end of this month it will reach 5000 dollars. After a big panic, there should be a big increase that can last as much as before the new year.