Can Bitcoin Prices Reach $5,000 Again Without China?

[tulio]

For sure it can, Bitcoin community is increasing every day. Look, a good part of the China's community is moving to Japan to operate from there. Also, there are some rumors that China may remove the ban after regulation. Let's see what happens.

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[Indrawan77]

Sure it can, with the increasing bitcoin's popularity we will manage to get $5000 without china, but the process will be longer, but we are depending on china to get that number, with more implementation in shop and more country willing to accept bitcoin, I am sure bitcoin will reach it

[Adbitco]

Why not? China banned the bitcoin, But maybe another country will take the place of China. Maybe it will Japan, USA or Uk. So we will see in the future who will it. But I am sure that btc will reach 5000$ without china but it will need time.

First of all with or without china bitcoin prices may go both ways low or high. Secondly yes there are lots more countries which seem to have been supportive of bitcoin and there are more people in those countries who are interested in bitcoin and buying it so China isn't the only country which can influence bitcoin prices adversely or favorably. Bitcoin will reach 5k mark soon and the poor Chinese people will be feeling deprived.

[batang_bitcoin]

Of course bitcoin can reach $5,000 even without China. Do you even think that China is the only major player in the market? Think about Japan, South Korea and other countries that are now progressive and adopting bitcoin. And we can even reach higher price without them because of the adoption that's about to happen from other countries as well. Once there are big companies started to show their interest in bitcoin, it will increase suddenly.

[exstasie]

We proved the world wrong by bouncing back from 3000$ to 4000$ in a matter of hours. I don't know when we will hit 5k again but we will eventually. I still hold onto my theory that China caused FUD and bought up a lot of bitcoin when it was low. That's why we saw such a good bounce back.

After previous bubble pops we saw even stronger bounces, like 62% and 70%. Here, we only retraced 50% of the move down from $5000. I'm hopeful that we will form a base to rally from now.

But don't you think it's possible that this was just a dead cat bounce? That could still be the case even if we push up to $4200+. I see that Masterluc is bearish for the first time in a long time, which makes me nervous.

[sanjeevtalks]

Yes. Bitcoin will continue to go higher up in value. With more countries joining the bandwagon it has to go up. Personally I think China will draft a fresh policy to allow Bitcoin trading in the future and will try to regulate it.

[zulkarnaen]

I'm optimistic with bitcoin progress even without China, because with the popularity of bitcoin nowadays it certainly can attract investors from various countries to contribute to bitcoin, even with the presence of Japan that has opened the market for crypto trading, of course, It gives new hope for the growth of bitcoin in efforts to improve its progress, and it seems that before the beginning of 2018 bitcoin prices could reach $ 5000 even without the crypto trade in China.

[Wardtr]

Why not? China banned the bitcoin, But maybe another country will take the place of China. Maybe it will Japan, USA or Uk. So we will see in the future who will it. But I am sure that btc will reach 5000$ without china but it will need time.

I tottaly agree it will need time and i hope that it reach 5000$ before the and of 2k17

[Meowth05]

Can Bitcoin Prices Reach $5,000 Again Without China? 

Of course it could, we know that China has a big impact in one's economy especially in cryptocommuninty since they are  the most populated country the world meaning there's a high percentage that most of them are came from that country. However, bitcoin could still reach that amount in the help of our support.

[Eternu]

Yes of course it can reach price of 5000 dollars with out China. I mean China had one of largest miners in the world, but since the ban... well people will look for alternative places where they could mine bitcoin. I have reed that some of China miners are moving to Hong Kong. Bitcoin can survive anything and achieve more than people think, with or without China bitcoin will continue to grow.

[DrGuns4Hands]

yes definitely we don't need china in order to reach that price again. Just wait till the demand of bitcoin raise again then you will see that the price of bitcoin is floating again like a bubble. even though china cause a big dump this past few weeks. we can tell that it's because of the panic selling but after awhile bitcoin recover again and now sticking at $3900 price not bad at all.

[albertvert]

Yes. Bitcoin will continue to go higher up in value. With more countries joining the bandwagon it has to go up. Personally I think China will draft a fresh policy to allow Bitcoin trading in the future and will try to regulate it.

Upto My knowledge, bitcoin is not banned in China. Many trading are done in China for the past few days. Which shows bitcoin is not banned in China. Even If China banned the bitcoin means. Bitcoin will solely reach the peak of 5000$.I think at this month end bitcoin will reach that value.

[goldade]

Can Bitcoin Prices Reach $5,000 Again Without China? 

I have the believe that we will get to $5000 again, we got there with Chinese being in board but they are going, I believe we will still get there it might only be slower if they had to be still involved. The timing at this point is what matters and everyday we see that bitcoin is not down yet, its a one step closer to achieving such landmark.

[djsugar]

A big yes!

China might a big player in cryptocurrency market, but it is not the only player. China did accept Bitcoin readily and before many countries and was able to have a dominance in mining part. But that doesn't means that all the future investors are only from China. Get out of China, there are lots of potential investors out there who can easily take the price to $10k soon. $5k isn't a big deal. India with the largest number of internet users have only started investing, there is a huge potential market there.

[mehcat11]

Yes, bitcoin price is still can reach $5,000 or above without China.
Bitcoin price isn't depend on China. There are many countries have used bitcoin.
It is used not only in China. Just wait and see how the progress of bitcoin any time.

[bifle]

If China would really abandon bitcoin, bitcoin could be hurt very badly, making it impossible to reach 5000$ again.

But they will not

[noninum]

With or without china, bitcoin very easy to swing even to cross $5K. Bitcoin is much more popular as an investment or speculative option. Many people are aware of enormous potential that can be utilized from bitcoin for good economy.

[ibuddy122505]

Can Bitcoin Prices Reach $5,000 Again Without China? 

On behalf of your quote my answer YES!! I'm thinking we may see $5000 BTC or more in the next 6-8 weeks. Don't panic, keep holding! Gotta wait till November for the market to pick up. Anyway: take advantage this pump and dump, earned from it easily.

[Oceat]

Yes. Bitcoin will continue to go higher up in value. With more countries joining the bandwagon it has to go up. Personally I think China will draft a fresh policy to allow Bitcoin trading in the future and will try to regulate it.

Upto My knowledge, bitcoin is not banned in China. Many trading are done in China for the past few days. Which shows bitcoin is not banned in China. Even If China banned the bitcoin means. Bitcoin will solely reach the peak of 5000$.I think at this month end bitcoin will reach that value.

Actually, China is not the only place that can make the price dip because frankly speaking we can't deny the facts that most of the Whales are from China that manipulate the fluctuation of the price. You can't change the fact too, that China is not the only place that bitcoin fluctuation might occur, there we got some Whales from Japan, Russia, USA more countries will be joining the bandwagon.

[bering]

with china or not i do believe bitcoin can reach even more than $5000 and from now on the price has been recovered above $3500 and slowly but sure eventually the price will hit again to $5000 or higher