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Author Topic: BTC to 5000$ before a big rise ?  (Read 659 times)
STT
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January 13, 2020, 12:35:16 PM
 #81

Stable at 8k because thats some resistance with a trend over medium term.   I think that slight decline ongoing has some giving up their speculative long, that puts us back to test the 50 day average at 7500 area.
   A small reset is reasonable,  we can break upwards but quite often the price takes a running jump to clear a wall like this I guess.


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January 13, 2020, 03:27:31 PM
 #82

I don’t know whether it will go down to 5k$, right now it’s stable at 8k$. Let’s hope it doesn’t go further down and remain stable here.
This is just FUD that bitcoin will go down to 5k$ before halving. Nobody knows what impact halving will have on bitcoin price. Play sensibly.

So far there hasn't been any FUD in this market, the predictions of bitcoin going down to $ 5000 are unfounded and I think they are just trying to come up with something that is contrary to reality, and if it happens then they can become professional. I also hope that the price will not go down as they predicted, we are in an uptrend market and the price will definitely go up in the long term.

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Dart18
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January 13, 2020, 04:01:11 PM
 #83

A lot of that kind of analysts in Youtube.
I have seen them too.
They easily catch attention when you are always watching videos about crypto currencies.
They are always the next suggestion.  Grin

I think there is a probability that it might happen. Whales might want it cheap and if they do they might really dump a lot just to make more bitcoin.
An old strategy but there is also a chance it might work since there are a lot of individuals who owns bitcoin now.
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January 13, 2020, 04:11:18 PM
 #84

there must be something big going on that can cause bitcoin could drop to 5,000 and it usually happens unpredictably for example hacking or dumping by the whales, by the way, it's better to make your own research because what people say is not necessarily true and will happen.I guess we should Learn how to predict and make our own decisions even though is more difficult than listening to people's opinions.
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January 13, 2020, 05:19:19 PM
 #85

Why are many online price forecasts saying BTC will dip to $5k before the halving?
Do you predict the same too?
I'm not a pro trader, just asking out of curiosity
I haven't read any forecast calling for $5K. Where did you read it? No, I don't see any reason why Bitcoin could drop to $5K again. I think the bottom is already in at $6800 and we're unlikely to ever visit that level again.

Quite the opposite, I was expecting a nice upward movement a few days from now. Looking at the weekly Bitcoin is currently on a bull flag which I hope will break upward soon. If this happening, we might see $10K within this month. Fingers crossed.
I havent read any forecast that claimed the price of bitcoin market to dump to $5K price range before the big rise but if you take a close check on the bitcoin market, the market usually experience a bottom price before the bull run market start.

What's the reasoning?
There are alot of dump in price of the market which can not to be prove or know the reason behind it.

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January 13, 2020, 05:35:45 PM
 #86

For now , i just speculate about dumping before halving around 6000-6800 usd each.
And it cant be lower .
And u absolutely must believe it.

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January 14, 2020, 06:26:37 AM
 #87

After watching the market now, I see that there is a big green candle happen with the market, so we can make a profit again after we waited a few days ago. Perhaps, the price will break $8500 or more, and then it will be back at the lower price. We hope that the price can increase more after hit $8500 so our profit will be bigger. But if the price cannot rise more, I wonder how deep the price will be down because sometimes, the down will be deeper than the last lower price. We need to prepare if the price is down too deep than the last lower price, and make sure that our money is enough to buy more bitcoin.

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January 14, 2020, 07:13:28 AM
 #88

there must be something big going on that can cause bitcoin could drop to 5,000 and it usually happens unpredictably for example hacking or dumping by the whales, by the way, it's better to make your own research because what people say is not necessarily true and will happen.I guess we should Learn how to predict and make our own decisions even though is more difficult than listening to people's opinions.

Maybe something more bigger than hacking since the past hacking issue doesn't give any effect with the price status of the bitcoins but since the halving hype is on the road maybe it's really difficult to forecast a dump since the certain situation coming is on good state. That's why it's good to not panic on someone taught's since maybe they are trying to drag out and buy some bitcoins in cheap price and earn when good pump comes.

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January 14, 2020, 10:54:45 AM
 #89

After watching the market now, I see that there is a big green candle happen with the market, so we can make a profit again after we waited a few days ago. Perhaps, the price will break $8500 or more, and then it will be back at the lower price. We hope that the price can increase more after hit $8500 so our profit will be bigger. But if the price cannot rise more, I wonder how deep the price will be down because sometimes, the down will be deeper than the last lower price. We need to prepare if the price is down too deep than the last lower price, and make sure that our money is enough to buy more bitcoin.

Well I'm really looking at the price to at least go back to $6k because I have funds to invest right now. But seeing the price goes to $8500? I will try to wait before I make my move. Of course I love to see the price goes up, but at the back of my mind, I'm still wanted to see the price somewhat more affordable to buy for average Joe like me.

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January 14, 2020, 02:38:15 PM
 #90

Why are many online price forecasts saying BTC will dip to $5k before the halving?
Do you predict the same too?
I'm not a pro trader, just asking out of curiosity
In my opinion Bitcoin still has the potential to go down to $ 5,000, indeed today Bitcoin is able to break resistance and we will see $ 9,000, but selling half of your Bitcoin at this price will help you calm down a bit in trading
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