Can Bitcoin get to drop to $5,000 and below in 2018

[justbfa]

With the massive drop (bearish) in bitcoin in the past few days (January 2018)
Is it possible for the Bitcoin community to witness another bearish that can make bitcoin drop to $5,000 and below.

Kindly comment from the point of:
The power of the government and their regulation
vs
The oneness voice and power of the people (community) to withstand any unlawful regulations and manipulations

[1715664121]

1715664121

[1715664121]

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[sjefdeklerk]

Let' see. BTC failed as a payment system, governments are cracking down on BTC and LN is a joke. Chart looks hyperbolic and indicates it could move to $3000. So yeah why not

[justbfa]

Let' see. BTC failed as a payment system, governments are cracking down on BTC and LN is a joke. Chart looks hyperbolic and indicates it could move to $3000. So yeah why not

The issue of government crack-down on BTC can never be ruled out until government can find way to make huge money off bitcoin like tax.
But i believe power belongs to people, and if the community of bitcoin users doesn't understand this, the pressure of government ranting will make them to keep selling off their treasure bitcoin.

[sjefdeklerk]

But i believe power belongs to people, and if the community of bitcoin users doesn't understand this, the pressure of government ranting will make them to keep selling off their treasure bitcoin.

I fully agree. However you should not turn your eyes on reality, BTC is NOT a good alternative to regular payment systems, it's damn slow, super expensive and LN is not going to work at all.

[justbfa]

But i believe power belongs to people, and if the community of bitcoin users doesn't understand this, the pressure of government ranting will make them to keep selling off their treasure bitcoin.

I fully agree. However you should not turn your eyes on reality, BTC is NOT a good alternative to regular payment systems, it's damn slow, super expensive and LN is not going to work at all.

That's true about the being slow and expensive, but eventually bitcoin may become another way of storing value same way we have it with Gold.
Moreover, we have a lot bitcoin fork here and there. Bitcoin may not be the best but its the grandfather and it will forever remain the grandfather.
If Bitcoin dies every altcoins will eventually follow.

I'm sure a lot bitcoin (volunteers) developers are working on how to revive the slowness once they reach consensus.

[arpon11]

With the massive drop (bearish) in bitcoin in the past few days (January 2018)
Is it possible for the Bitcoin community to witness another bearish that can make bitcoin drop to $5,000 and below.

Kindly comment from the point of:
The power of the government and their regulation
vs
The oneness voice and power of the people (community) to withstand any unlawful regulations and manipulations

With the way bitcoin price is dropping this is very possible as  we have see a test of $9,500 surport area and the strongest surport and resistance level of $10,200 has been broken. $5,000 is very close to touch than before and if the current bearish momentum continue bitcoin might touch that level before end of this week. My pity is on those who buy around  $17,000  early this year and I pray it recover very soon.

[CoinsCoinsEverywhere]

With the massive drop (bearish) in bitcoin in the past few days (January 2018)
Is it possible for the Bitcoin community to witness another bearish that can make bitcoin drop to $5,000 and below.

Easily possible.  Every serious crash that bitcoin has had in its history has been at least 75%.  The last one, from ~$1100 down to ~$150 from 2013-2015, was around 86%.  That kind of drop from $20k would put price around $2800.

Kindly comment from the point of:
The power of the government and their regulation
vs
The oneness voice and power of the people (community) to withstand any unlawful regulations and manipulations

Cryptocurrencies will not go away.  Governments can do whatever they want, but they can't stop cryptos from existing.  However, that doesn't mean that they can't ban or regulate them to the point where they are no longer worth owning as an investment vehicle (read: they won't go to zero, but they could be worth much less).

[harizen]

Kindly comment from the point of:
The power of the government and their regulation
vs
The oneness voice and power of the people (community) to withstand any unlawful regulations and manipulations

With the strong regulations that government will imposed, it's hard to believed that it can be counter only by voice and power of the people. Maybe on a democratic country but not on other forms of government.

Well unless some great number people from different country will give some hand to those then it maybe possible that the outcome might change.

Easily possible.  Every serious crash that bitcoin has had in its history has been at least 75%.  The last one, from ~$1100 down to ~$150 from 2013-2015, was around 86%.  That kind of drop from $20k would put price around $2800.

The situation back then is different from today.

Even how possible it was surely it has low chances to happened.

[justbfa]

With the massive drop (bearish) in bitcoin in the past few days (January 2018)
Is it possible for the Bitcoin community to witness another bearish that can make bitcoin drop to $5,000 and below.

Kindly comment from the point of:
The power of the government and their regulation
vs
The oneness voice and power of the people (community) to withstand any unlawful regulations and manipulations

With the way bitcoin price is dropping this is very possible as  we have see a test of $9,500 surport area and the strongest surport and resistance level of $10,200 has been broken. $5,000 is very close to touch than before and if the current bearish momentum continue bitcoin might touch that level before end of this week. My pity is on those who buy around  $17,000  early this year and I pray it recover very soon.

I agree with the fact that if the current bearish momentum continue it might drop to $5,000. And I even acquired some at higher price before the bearish...
But I believe it will pay off at the end of the day (patience)

[justbfa]

With the massive drop (bearish) in bitcoin in the past few days (January 2018)
Is it possible for the Bitcoin community to witness another bearish that can make bitcoin drop to $5,000 and below.

Easily possible.  Every serious crash that bitcoin has had in its history has been at least 75%.  The last one, from ~$1100 down to ~$150 from 2013-2015, was around 86%.  That kind of drop from $20k would put price around $2800.

Kindly comment from the point of:
The power of the government and their regulation
vs
The oneness voice and power of the people (community) to withstand any unlawful regulations and manipulations

Cryptocurrencies will not go away.  Governments can do whatever they want, but they can't stop cryptos from existing.  However, that doesn't mean that they can't ban or regulate them to the point where they are no longer worth owning as an investment vehicle (read: they won't go to zero, but they could be worth much less).

"Cryptocurrency will not go away" has become one of my crypto-watchwords with entry of government backed cryptocurrency that have given government and the likes to exchange their non-blockchain based token to pack a lot of bitcoin in the market.

The only concern as you said "no longer owning as an investment vehicle" Maybe 1btc will be able to get a cup of coffee and pizza again.

[airdagon]

With the massive drop (bearish) in bitcoin in the past few days (January 2018)
Is it possible for the Bitcoin community to witness another bearish that can make bitcoin drop to $5,000 and below.

Kindly comment from the point of:
The power of the government and their regulation
vs
The oneness voice and power of the people (community) to withstand any unlawful regulations and manipulations

                                                                                                                                                                                                                  be calm not to panic, this accident will not be a bad start for the year 2018. I believe that as time goes by the bitcoin will start to improve again and soon it will not be long for the bitcoin price to go back as it once was.

[justbfa]

Kindly comment from the point of:
The power of the government and their regulation
vs
The oneness voice and power of the people (community) to withstand any unlawful regulations and manipulations

With the strong regulations that government will imposed, it's hard to believed that it can be counter only by voice and power of the people. Maybe on a democratic country but not on other forms of government.

Well unless some great number people from different country will give some hand to those then it maybe possible that the outcome might change.

Easily possible.  Every serious crash that bitcoin has had in its history has been at least 75%.  The last one, from ~$1100 down to ~$150 from 2013-2015, was around 86%.  That kind of drop from $20k would put price around $2800.

The situation back then is different from today.

Even how possible it was surely it has low chances to happened.

That's true, I believe government will always be government. And also believe that the situation back then is quite different from today but I also believe that so called powerful billionaires are also in this business Crypto quietly enjoying the dividend of cryptocurrency.

They are friends of the government. Some of them are no longer interested in bitcoin since they've made such money while some are still giving voice to the bitcoin project and cryptocurrency generally.

We will win the war because there's no government (even though government always find way to enforce everything) without the people!

[stayeduptolate]

With the massive drop (bearish) in bitcoin in the past few days (January 2018)
Is it possible for the Bitcoin community to witness another bearish that can make bitcoin drop to $5,000 and below.

Easily possible.  Every serious crash that bitcoin has had in its history has been at least 75%.  The last one, from ~$1100 down to ~$150 from 2013-2015, was around 86%.  That kind of drop from $20k would put price around $2800.

Kindly comment from the point of:
The power of the government and their regulation
vs
The oneness voice and power of the people (community) to withstand any unlawful regulations and manipulations

Cryptocurrencies will not go away.  Governments can do whatever they want, but they can't stop cryptos from existing.  However, that doesn't mean that they can't ban or regulate them to the point where they are no longer worth owning as an investment vehicle (read: they won't go to zero, but they could be worth much less).

from my views it is not possible to bitcoin will drop and reach to $5000 and below in 2018 . From my experience that there is no chance for bitcoin to drop below $8000 in the future because bitcoin is the topmost cryptocurrency in all over the world and bitcoin become very popular in all over country so that's affect the price of bitcoin how much it will drop off how it will rise  but anything is possible in the world so thats no one can sure about anything.

[pooya87]

can it drop to $5000?
yes it can. bitcoin price can even drop down to zero in matter of minutes.

will it drop to $5000?
i don't think so. the $9222 bottom proved that the demand for bitcoin is in 5 digits territory and a buying frenzy will kick in when it goes in 4 digits territory which prevents it from even staying there let alone going any lower.

and all the government regulations,... are all bullshit if you understand what a "decentralized currency" really means.

[armansolis593]

The power of the government and their regulation

The government look at this way : bitcoin causes money laundering and scam to happen more frequently and tracking people or organization involve in such case is hard to pursue, banning and regulating bitcoin can prevent this thing to happen and they can protect their people from such events.

vs

The oneness voice and power of the people (community) to withstand any unlawful regulations and manipulations

The people look at this way : The government always manipulate things, we want something that is decentralized to have more freedom, when it comes bitcoin, people who are aligned with bitcoin always say something negative about the government, nevertheless its always about the profit and with the regulation the profit will be lessen.

[justbfa]

With the massive drop (bearish) in bitcoin in the past few days (January 2018)
Is it possible for the Bitcoin community to witness another bearish that can make bitcoin drop to $5,000 and below.

Easily possible.  Every serious crash that bitcoin has had in its history has been at least 75%.  The last one, from ~$1100 down to ~$150 from 2013-2015, was around 86%.  That kind of drop from $20k would put price around $2800.

Kindly comment from the point of:
The power of the government and their regulation
vs
The oneness voice and power of the people (community) to withstand any unlawful regulations and manipulations

Cryptocurrencies will not go away.  Governments can do whatever they want, but they can't stop cryptos from existing.  However, that doesn't mean that they can't ban or regulate them to the point where they are no longer worth owning as an investment vehicle (read: they won't go to zero, but they could be worth much less).

from my views it is not possible to bitcoin will drop and reach to $5000 and below in 2018 . From my experience that there is no chance for bitcoin to drop below $8000 in the future because bitcoin is the topmost cryptocurrency in all over the world and bitcoin become very popular in all over country so that's affect the price of bitcoin how much it will drop off how it will rise  but anything is possible in the world so thats no one can sure about anything.

Great summary "Anything is possible..."
In the end bitcoin will always win!

[batang_bitcoin]

As it has been seen on the history of bitcoin anything can happen or it can even go back at $1,000. Fees are crazy and confirmation are very slow when you'll not pay the right fee and many aren't willing to pay $25 fee for a $20 transaction.

Great summary "Anything is possible..."
In the end bitcoin will always win!

Yes definitely, anything is possible. It can go down lower than to $5,000 but also expect the unexpected that it can also pump to the price that we haven't seen before.

[virasisog]

With the massive drop (bearish) in bitcoin in the past few days (January 2018)
Is it possible for the Bitcoin community to witness another bearish that can make bitcoin drop to $5,000 and below.

Kindly comment from the point of:
The power of the government and their regulation
vs
The oneness voice and power of the people (community) to withstand any unlawful regulations and manipulations

It can if they wants we can't go against them the price manipulation in this early 2018 somehow in my prediction it will not go lower than $8000 there is a very strong support there but just like what i've said it can drop if they wanted just make some bids around it for sure because if it hapoens it is surely a flash within a second then go back arround $6k-8k who knows if you're lucky to bought at that price.

[millensharon8]

$5000 would be a hard one to get to, but nothing is impossible. With bitcoin having a bad time scaling and a lot of investors gradually getting pissed off, I hope the support can hold. Although, we have a huge support at around $8000 - $10000, but is there no support that can be broken if there is really nothing to drive it forward? I expect the worst, but I understand the risk as well, so no need to panic.

[BitcoinBallerina]

It is very unlikely that Bitcoin will drop to $5000 in 2018.

[Fazlurkhan.kz]

As the newcomers in bitcoin trading would easily get scared by the news they hear from their government which ultimately might reduce its demand resulting in its price drop and considering its slow payments and outrageous transaction fee people might avoid investing in it which will add to the reasons in its price drop.
There's a great possibility of bitcoin price to fall pretty low but it won't completely die as the big investors and strong believers will definitely hold bitcoin and support it. And that would be the time to invest in bitcoin and help it rise again which will make us profit too!

[Ailmand]

With the massive drop (bearish) in bitcoin in the past few days (January 2018)
Is it possible for the Bitcoin community to witness another bearish that can make bitcoin drop to $5,000 and below.

Kindly comment from the point of:
The power of the government and their regulation
vs
The oneness voice and power of the people (community) to withstand any unlawful regulations and manipulations

Well, I know that bitcoin is falling right now. It's price have decreased for a substantial 36% this passed few weeks, and I am sure that many marketers and investors have been having sleepless nights because of it. I think, however, that many of them are underestimating bitcoin by saying that it would fall that low. Bitcoin has reached new heights in value since last year, and I think that when it penetrated the 10k dollars mark, it really solidified its potential as a cryptocurrency, and more people have been eyeing it since then.

[Dr.Osh]

can be. no one can not with bitcoin. we must realize that sometimes bitcoin prices also fall. but, there are some things that make it difficult. maybe the price is too low. but it could happen, because it is very difficult to estimate the price of bitcoin.

[hynext]

Bitcoin can drop to $5000 and below because of it's votality with higher transaction fees. If bitcoin go back to normal like lower fees and fast transaction I might prices will going up again.

[justbfa]

$5000 would be a hard one to get to, but nothing is impossible. With bitcoin having a bad time scaling and a lot of investors gradually getting pissed off, I hope the support can hold. Although, we have a huge support at around $8000 - $10000, but is there no support that can be broken if there is really nothing to drive it forward? I expect the worst, but I understand the risk as well, so no need to panic.

You've said it all - nothing is impossible... But no panic.
We should always expect the best and the worst.
But I believe that bitcoin will always win in Crypto-sphere.

[Kurokonobasuke]

With the massive drop (bearish) in bitcoin in the past few days (January 2018)
Is it possible for the Bitcoin community to witness another bearish that can make bitcoin drop to $5,000 and below.

Kindly comment from the point of:
The power of the government and their regulation
vs
The oneness voice and power of the people (community) to withstand any unlawful regulations and manipulations

Well we can't hide the truth that it is possibke since Bitcoin is volatike in nature . But I highly doubt that it will go that much. Backdrops are always expected and I hope Bitcoin's market value will not fallthat hard because it will be give Bitcoin a hardtime to recover. Hopefully, good things will come for Bitcoin this year. Just Hold and invest now.

[hackzang12]

It won't happen coz the major pump is near the dip happened when btc falls at 9k but after a while it goes up a little. The market is all green you should buy more and hold.

[groundcontrol67]

With the massive drop (bearish) in bitcoin in the past few days (January 2018)
Is it possible for the Bitcoin community to witness another bearish that can make bitcoin drop to $5,000 and below.

Kindly comment from the point of:
The power of the government and their regulation
vs
The oneness voice and power of the people (community) to withstand any unlawful regulations and manipulations

Anything is possible in this life, I don't think it will happen but it's possible. It will take a big shut down from governments such as China or USA, or something to that effect. Crypto can survive most things but something such as an actual ban from one of those two countries could really damage it.

[Capt00]

With the massive drop (bearish) in bitcoin in the past few days (January 2018)
Is it possible for the Bitcoin community to witness another bearish that can make bitcoin drop to $5,000 and below.

Kindly comment from the point of:
The power of the government and their regulation
vs
The oneness voice and power of the people (community) to withstand any unlawful regulations and manipulations

Hope it no longer be fall again as many people will surely get worried of losing their money. I don't think it just because of the government regulations, maybe it because there is a big whales trying to manipulate its price and looking for individuals that may sell their coins into cheap price and they buy for it.

[Slark]

With the massive drop (bearish) in bitcoin in the past few days (January 2018)
Is it possible for the Bitcoin community to witness another bearish that can make bitcoin drop to $5,000 and below.

Kindly comment from the point of:
The power of the government and their regulation
vs
The oneness voice and power of the people (community) to withstand any unlawful regulations and manipulations

I've seen too many drops, declines and drama over years to give up now - it is always like that.
People are crying about the end of bitcoin and the very next month everything is back to normal.
I expect that the same pattern will repeat this time as well, this situation oddly resembles me the beginning of 2015.
At that time everyone was crying and selling because of some random FUD - good advice, don't panic guys.

[BitHodler]

I don't think it just because of the government regulations, maybe it because there is a big whales trying to manipulate its price and looking for individuals that may sell their coins into cheap price and they buy for it.

That's always the case. People just don't want to understand that. Another factor is that they pay too much attention to what the mainstream media is saying about what is happening with crypto.

If we have to believe the mainstream media, and I'm sure a lot rookies do so, then they are panic selling because they think that governments are looking to ban every service that involves crypto.

If you don't have the ability to think further, and you are so narrow minded that you take that nonsense for granted, you'll sell like there is no tomorrow each time. I have no sympathy for these people that they lose out by selling.

[Eugenar]

With the massive drop (bearish) in bitcoin in the past few days (January 2018)
Is it possible for the Bitcoin community to witness another bearish that can make bitcoin drop to $5,000 and below.

Kindly comment from the point of:
The power of the government and their regulation
vs
The oneness voice and power of the people (community) to withstand any unlawful regulations and manipulations

Probability of that thing to happen is always present. Bitcoin is volatile in nature so it is possible especially if its market value will continuously fall and hopefully it won't .But if ever backdrops will take place, we should make use of it and invest to Bitcoin bcause like what usually happens, its msrket value eventually increases after the declines. At this moment, Bitcoin's market value is now increasing and hopefully it will be continuous this time.

[timerland]

With the massive drop (bearish) in bitcoin in the past few days (January 2018)
Is it possible for the Bitcoin community to witness another bearish that can make bitcoin drop to $5,000 and below.

Kindly comment from the point of:
The power of the government and their regulation
vs
The oneness voice and power of the people (community) to withstand any unlawful regulations and manipulations

I don't think so. Government bans have little to do with p2p trading, and that is where the trend is shifting to. China banned exchanges, so what. Price wasn't that badly affected by it.

We've seen the price drop dramatically but the dumpers are not able to make price go through $10000. That means that there is a lot of support at that level, even though it seemed obvious that the price was going to drop below $10000 last time.

It's easy to forget that there is still room for bitcoin to continue climbing when it's going down on a daily basis. One year is a lot of time, and even if it does drop below $5000 per bitcoin, i think it'll recover back to $10k+ in no time.

[Samarkand]

... That means that there is a lot of support at that level...

http://omniexplorer.info/lookupadd.aspx?address=3MbYQMMmSkC3AgWkj9FMo5LsPTW1zBTwXL

Tether has issued 300M $ of USDT in the last 48 hours. This money
is used to prop up the cryptocurrency markets. I´d guess that without these
issuances the Bitcoin price would already trade much lower than 10000 $.
This was not genuine support at these levels, this was artificial liquidity
provided by Tether/Bitfinex.

Many people speculate that they were forced to inject more money, because an even
bigger plunge of the Bitcoin price would have caused a cascade of margin calls at Bitfinex.

[justbfa]

It is very unlikely that Bitcoin will drop to $5000 in 2018.

Can you give any insight and reason bro?
I believe you have your fact...lol

[justbfa]

With the massive drop (bearish) in bitcoin in the past few days (January 2018)
Is it possible for the Bitcoin community to witness another bearish that can make bitcoin drop to $5,000 and below.

Kindly comment from the point of:
The power of the government and their regulation
vs
The oneness voice and power of the people (community) to withstand any unlawful regulations and manipulations

I don't think so. Government bans have little to do with p2p trading, and that is where the trend is shifting to. China banned exchanges, so what. Price wasn't that badly affected by it.

We've seen the price drop dramatically but the dumpers are not able to make price go through $10000. That means that there is a lot of support at that level, even though it seemed obvious that the price was going to drop below $10000 last time.

It's easy to forget that there is still room for bitcoin to continue climbing when it's going down on a daily basis. One year is a lot of time, and even if it does drop below $5000 per bitcoin, i think it'll recover back to $10k+ in no time.

Hmm... Great insight.
That's true, we still have a whole year.

[BitcoinPanther]

With the massive drop (bearish) in bitcoin in the past few days (January 2018)
Is it possible for the Bitcoin community to witness another bearish that can make bitcoin drop to $5,000 and below.

Kindly comment from the point of:
The power of the government and their regulation
vs
The oneness voice and power of the people (community) to withstand any unlawful regulations and manipulations

I don't think so. Government bans have little to do with p2p trading, and that is where the trend is shifting to. China banned exchanges, so what. Price wasn't that badly affected by it.

We've seen the price drop dramatically but the dumpers are not able to make price go through $10000. That means that there is a lot of support at that level, even though it seemed obvious that the price was going to drop below $10000 last time.

It's easy to forget that there is still room for bitcoin to continue climbing when it's going down on a daily basis. One year is a lot of time, and even if it does drop below $5000 per bitcoin, i think it'll recover back to $10k+ in no time.

Hmm... Great insight.
That's true, we still have a whole year.

Aside from that, there is an upcoming update to Bitcoin network that is scheduled this quarter if I am not mistaken.  This update will definitely ends the bearish perios of bitcoin and will convert it to Bullish trend.  the update will solve bitcoin scalibilit and at the same time the instant confimration of transaction due to offchain transaction.  This can make bitcoin pass its ATH if implemented perfectly.

[deyqunlay]

With the massive drop (bearish) in bitcoin in the past few days (January 2018)
Is it possible for the Bitcoin community to witness another bearish that can make bitcoin drop to $5,000 and below.

Kindly comment from the point of:
The power of the government and their regulation
vs
The oneness voice and power of the people (community) to withstand any unlawful regulations and manipulations

Anyone that ever thinks btc will still drop up to $5,000 must damn be a joker....the king has grown past that cage, won't even fit in again.

[Fedor07]

Bitcoin has dropped a lot lately as you all know , i have no idea why Bitcoin is falling down but if it's gonna continue falling down it's gonna reach  $ 5000 for sure . Hope that that's not gonna happen , becouse a lot of people are gonna lose a huge profit.  But we cant do  anything about this , we just need to pray for all good .😂

[JD0x0]

I don't see it happening.

[oriz345]

I definitely think btc can be sub $5,000 again, I don't know if this year or when, but I've said that when it was around $20,000. I don't base it off any speculation what bankers or the government would do, it's a combination of technicals as well as the fact there are so many better new coins out there today. Don't get me wrong, I still think long term bitcoin will do well as a store of value, but it will do gradually less well.

[justbfa]

Bitcoin has dropped a lot lately as you all know , i have no idea why Bitcoin is falling down but if it's gonna continue falling down it's gonna reach  $ 5000 for sure . Hope that that's not gonna happen , becouse a lot of people are gonna lose a huge profit.  But we cant do  anything about this , we just need to pray for all good .😂

Really?
Do you have any fact and statistical analysis to back it?

[justbfa]

I definitely think btc can be sub $5,000 again, I don't know if this year or when, but I've said that when it was around $20,000. I don't base it off any speculation what bankers or the government would do, it's a combination of technicals as well as the fact there are so many better new coins out there today. Don't get me wrong, I still think long term bitcoin will do well as a store of value, but it will do gradually less well.

Bitcoin is the king no doubt but it can also drop to 5000$ or below, if there's a government strict regulations

[bocyaj]

I definitely think btc can be sub $5,000 again, I don't know if this year or when, but I've said that when it was around $20,000. I don't base it off any speculation what bankers or the government would do, it's a combination of technicals as well as the fact there are so many better new coins out there today. Don't get me wrong, I still think long term bitcoin will do well as a store of value, but it will do gradually less well.

Bitcoin is the king no doubt but it can also drop to 5000$ or below, if there's a government strict regulations

Ya I agree bitcoin is the king of Crypto currency,but it will not reduce below 5000$ and all.If the bitcoin banned in all over the world,it may happen.But it may takes more than a decade.I won't think this may occur and all.Some country government may make bitcoin illegal due to bitcoin replace their own currency.

[justbfa]

I definitely think btc can be sub $5,000 again, I don't know if this year or when, but I've said that when it was around $20,000. I don't base it off any speculation what bankers or the government would do, it's a combination of technicals as well as the fact there are so many better new coins out there today. Don't get me wrong, I still think long term bitcoin will do well as a store of value, but it will do gradually less well.

Bitcoin is the king no doubt but it can also drop to 5000$ or below, if there's a government strict regulations

Ya I agree bitcoin is the king of Crypto currency,but it will not reduce below 5000$ and all.If the bitcoin banned in all over the world,it may happen.But it may takes more than a decade.I won't think this may occur and all.Some country government may make bitcoin illegal due to bitcoin replace their own currency.

I quite agree with you bro, but if the oneness voice of the community doesn't match with Fed regulations and policies, anything can happen. I believe there's a revolution going on currently. . . I call it crypt-volution, it doesn't require any violence or physical war.
Bitcoin will always win, though it may take times

[justbfa]

With the massive drop (bearish) in bitcoin in the past few days (January 2018)
Is it possible for the Bitcoin community to witness another bearish that can make bitcoin drop to $5,000 and below.

Kindly comment from the point of:
The power of the government and their regulation
vs
The oneness voice and power of the people (community) to withstand any unlawful regulations and manipulations

I've seen too many drops, declines and drama over years to give up now - it is always like that.
People are crying about the end of bitcoin and the very next month everything is back to normal.
I expect that the same pattern will repeat this time as well, this situation oddly resembles me the beginning of 2015.
At that time everyone was crying and selling because of some random FUD - good advice, don't panic guys.

I must say, the noobs always dump their treasure once the random FUD occur

[justbfa]

I don't see it happening.

Ok, have gotten any analysis to back it up?

[magneto]

I don't see it happening.

Ok, have gotten any analysis to back it up?

I'll answer this...

I don't think that it's safe to say that bitcoin will 100% not go under $5000, but right now we're seeing so many governments banning and strictly regulate bitcoin and yet, we haven't seen bitcoin even break $9000.

If things get bad enough, aka governments around the world, especially big countries like the US and India decide to follow in China's footsteps, then bitcoin dropping to $5000 wouldn't be impossible to see happening. After all, we came from there just a few months ago. But I doubt that it'll stay under that barrier for a long time at all. People will realise a platform like localbitcoins isn't something that governments can regulate effectively.

[justbfa]

I don't think it just because of the government regulations, maybe it because there is a big whales trying to manipulate its price and looking for individuals that may sell their coins into cheap price and they buy for it.

That's always the case. People just don't want to understand that. Another factor is that they pay too much attention to what the mainstream media is saying about what is happening with crypto.

If we have to believe the mainstream media, and I'm sure a lot rookies do so, then they are panic selling because they think that governments are looking to ban every service that involves crypto.

If you don't have the ability to think further, and you are so narrow minded that you take that nonsense for granted, you'll sell like there is no tomorrow each time. I have no sympathy for these people that they lose out by selling.

This pattern has been consistent for some years "January Bearish"
But rookies always sell once it happens.
Aside this, we need get the root of this annual bearish-run occurrence.

[justbfa]

I don't see it happening.

Ok, have gotten any analysis to back it up?

I'll answer this...

I don't think that it's safe to say that bitcoin will 100% not go under $5000, but right now we're seeing so many governments banning and strictly regulate bitcoin and yet, we haven't seen bitcoin even break $9000.

If things get bad enough, aka governments around the world, especially big countries like the US and India decide to follow in China's footsteps, then bitcoin dropping to $5000 wouldn't be impossible to see happening. After all, we came from there just a few months ago. But I doubt that it'll stay under that barrier for a long time at all. People will realise a platform like localbitcoins isn't something that governments can regulate effectively.

I quite agree with your insightful analysis.

[justbfa]

With the massive drop (bearish) in bitcoin in the past few days (January 2018)
Is it possible for the Bitcoin community to witness another bearish that can make bitcoin drop to $5,000 and below.

Kindly comment from the point of:
The power of the government and their regulation
vs
The oneness voice and power of the people (community) to withstand any unlawful regulations and manipulations

Hope it no longer be fall again as many people will surely get worried of losing their money. I don't think it just because of the government regulations, maybe it because there is a big whales trying to manipulate its price and looking for individuals that may sell their coins into cheap price and they buy for it.

Hmm, the Whales...
But if that's the case, I think the Community of Bitcoin Adopters should all know this and never to sell once the January Bearish is approaching.

[h0lybyte]

In my opinion, bitcoin has a massive support of people adhered to it since its startup, even if some governments ban trading in their locality, traders will find alternate ways to support bitcoin continuously. Also recent rumour of korean government decision was proven to be wrong and they are not going to ban trading in their country. Further the more big firms are getting involved to bitcoin from different parts of world, so it is likely impossible for bitcoin to reach $5000

[justbfa]

With the massive drop (bearish) in bitcoin in the past few days (January 2018)
Is it possible for the Bitcoin community to witness another bearish that can make bitcoin drop to $5,000 and below.

Kindly comment from the point of:
The power of the government and their regulation
vs
The oneness voice and power of the people (community) to withstand any unlawful regulations and manipulations

Well, I know that bitcoin is falling right now. It's price have decreased for a substantial 36% this passed few weeks, and I am sure that many marketers and investors have been having sleepless nights because of it. I think, however, that many of them are underestimating bitcoin by saying that it would fall that low. Bitcoin has reached new heights in value since last year, and I think that when it penetrated the 10k dollars mark, it really solidified its potential as a cryptocurrency, and more people have been eyeing it since then.

Great insightful analysis.
Though the market predictability is not yet certain, let's always prepare for the best and the worst

[DPoS2]

people sell in January so they give themselves a full year to ponder if they will pay taxes or just say f*ck their gov

[ipanks]

I don't want to see bitcoin price drops to $5,000 although we don't know what will happen later. the drop of the price in yesterday makes people become panic and I cannot imagine what will happen if the price drops to $5,000 maybe there will be a massive selling order from the people because they are really shock and panic.

[justbfa]

It is very unlikely that Bitcoin will drop to $5000 in 2018.

Ok, any technical analysis or insightful facts to support your opinion? We keep learning and understanding the market per second

[justbfa]

I don't want to see bitcoin price drops to $5,000 although we don't know what will happen later. the drop of the price in yesterday makes people become panic and I cannot imagine what will happen if the price drops to $5,000 maybe there will be a massive selling order from the people because they are really shock and panic.

I'm seriously laughing when you said ... I don't want to see bitcoin price drops to $5,000....
I must say, we should always prepare for the best and the worst.
But on the other hand, we should believe that Bitcoin will always win on the long run

[di.ako.toh]

I hope it wont happen, it is sad to hear and I think its impossible to drop till $5K. This past few days are very crucial to Bitcoins price which really drops until less than $10K. But, today it has recovered to be back to almost $14K in one day. Lets just hope and see that it
s price continue to rise up the soonest

[Slow death]

whenever prices fall we have to listen to things that I sometimes wonder why the hell some people are so pessimistic.

With the massive drop (bearish) in bitcoin in the past few days (January 2018)
Is it possible for the Bitcoin community to witness another bearish that can make bitcoin drop to $5,000 and below.

when the price was  $5000 you saw how many people knew the existence of bitcoin and how many people bought bitcoin? neither the futures nor many analysts and banks cared about the existence of btcoin as it does today, whether governments are imposing rules is why these governments know that bitcoin is worth something and that in itself means a lot, these setbacks involving regulation will be overcome, the problems of high transaction fee and the delay in confirmations will also be resolved with time, more countries and more rich people are buying bitcoin and this is already very good and makes us believe that in the future the price will be very high.

Kindly comment from the point of:
The power of the government and their regulation
vs
The oneness voice and power of the people (community) to withstand any unlawful regulations and manipulations

the government has a great power, but can not forget that the government is composed of people and if bitcoin gives some advantage to these people of the government then bitcoin will be regulated by that government, this is all a game of interests

[budz0425]

I hope it wont happen, it is sad to hear and I think its impossible to drop till $5K. This past few days are very crucial to Bitcoins price which really drops until less than $10K. But, today it has recovered to be back to almost $14K in one day. Lets just hope and see that it
s price continue to rise up the soonest

I think that there is no real way to know bitcoin would be so far, but if we can look to understant why bitcoin went from about $20k to $12k in year 2018 only to come back down again and only to go up again. with that we can start to get a prediction of the future. So then, just keep doing what we are doing, enjoy trading bitcoin and alts but be careful and don't always ride the cryptocurrency market into the ground.

[samson]

... That means that there is a lot of support at that level...

http://omniexplorer.info/lookupadd.aspx?address=3MbYQMMmSkC3AgWkj9FMo5LsPTW1zBTwXL

Tether has issued 300M $ of USDT in the last 48 hours. This money
is used to prop up the cryptocurrency markets. I´d guess that without these
issuances the Bitcoin price would already trade much lower than 10000 $.
This was not genuine support at these levels, this was artificial liquidity
provided by Tether/Bitfinex.

Many people speculate that they were forced to inject more money, because an even
bigger plunge of the Bitcoin price would have caused a cascade of margin calls at Bitfinex.

So you're saying that instead of $100's of millions being paid into the system and used to buy Bitcoins you think the entire market is faked and completely fraudulent ?

If that is the case then it's not going to be worth $50, never mind $5,000

[justbfa]

whenever prices fall we have to listen to things that I sometimes wonder why the hell some people are so pessimistic.

With the massive drop (bearish) in bitcoin in the past few days (January 2018)
Is it possible for the Bitcoin community to witness another bearish that can make bitcoin drop to $5,000 and below.

when the price was  $5000 you saw how many people knew the existence of bitcoin and how many people bought bitcoin? neither the futures nor many analysts and banks cared about the existence of btcoin as it does today, whether governments are imposing rules is why these governments know that bitcoin is worth something and that in itself means a lot, these setbacks involving regulation will be overcome, the problems of high transaction fee and the delay in confirmations will also be resolved with time, more countries and more rich people are buying bitcoin and this is already very good and makes us believe that in the future the price will be very high.

Kindly comment from the point of:
The power of the government and their regulation
vs
The oneness voice and power of the people (community) to withstand any unlawful regulations and manipulations

the government has a great power, but can not forget that the government is composed of people and if bitcoin gives some advantage to these people of the government then bitcoin will be regulated by that government, this is all a game of interests

... That means that there is a lot of support at that level...

http://omniexplorer.info/lookupadd.aspx?address=3MbYQMMmSkC3AgWkj9FMo5LsPTW1zBTwXL

Tether has issued 300M $ of USDT in the last 48 hours. This money
is used to prop up the cryptocurrency markets. I´d guess that without these
issuances the Bitcoin price would already trade much lower than 10000 $.
This was not genuine support at these levels, this was artificial liquidity
provided by Tether/Bitfinex.

Many people speculate that they were forced to inject more money, because an even
bigger plunge of the Bitcoin price would have caused a cascade of margin calls at Bitfinex.

So you're saying that instead of $100's of millions being paid into the system and used to buy Bitcoins you think the entire market is faked and completely fraudulent ?

If that is the case then it's not going to be worth $50, never mind $5,000

I quite agree with you.
Though It's possible for bitcoin to be regulated in "SOME COUNTRIES" not all countries.
But bitcoin will always win.

[First77]

With the massive drop (bearish) in bitcoin in the past few days (January 2018)
Is it possible for the Bitcoin community to witness another bearish that can make bitcoin drop to $5,000 and below.

I agree 100%. the money will go to gold and silver when silver is $18/ounce

[Sir Cross]

The power of the government and their regulation

The government look at this way : bitcoin causes money laundering and scam to happen more frequently and tracking people or organization involve in such case is hard to pursue, banning and regulating bitcoin can prevent this thing to happen and they can protect their people from such events.

vs

The oneness voice and power of the people (community) to withstand any unlawful regulations and manipulations

The people look at this way : The government always manipulate things, we want something that is decentralized to have more freedom, when it comes bitcoin, people who are aligned with bitcoin always say something negative about the government, nevertheless its always about the profit and with the regulation the profit will be lessen.

Even with these kind of views, the government regulations won't be enough to kill bitcoin. Yes, it has created some kind of impact back when South Korea and China has made some actions but as we can see, bitcoin is recovering. The great number of supporters for bitcoin has allowed it to remain at this certain price level and even with all the FUDs, it was resilient and able to recover. It's possible for the price to go down at $5000 but I don't think it will seeing this kind of support and recovery.

[MidKnight]

With continuous articles getting released and spread about crackdowns on crypto, I think yes. This people who are against bitcoin are taking this opportunity when it is defenseless but even if it drop to $5k by their efforts, it will bounce back easily.

[timerland]

With continuous articles getting released and spread about crackdowns on crypto, I think yes. This people who are against bitcoin are taking this opportunity when it is defenseless but even if it drop to $5k by their efforts, it will bounce back easily.

Actually, these articles have already done the maximum damage they could have done in my opinion. And that resulted in bitcoin barely reaching under $10k and when it did, people quickly bought their way back up to over $10k.

So for bitcoin to just drop to $5000 and below by these FUD articles, or regulations, i don't see it happening. Unless every single government in the orld decides to completely ban bitcoin, then bitcoin price will obviously crash.

But that's not going to happen, as we know. We're probably not over with the price hikes just yet. Remember we're still looking at $20k as a target here.

[justbfa]

With continuous articles getting released and spread about crackdowns on crypto, I think yes. This people who are against bitcoin are taking this opportunity when it is defenseless but even if it drop to $5k by their efforts, it will bounce back easily.

Actually, these articles have already done the maximum damage they could have done in my opinion. And that resulted in bitcoin barely reaching under $10k and when it did, people quickly bought their way back up to over $10k.

So for bitcoin to just drop to $5000 and below by these FUD articles, or regulations, i don't see it happening. Unless every single government in the orld decides to completely ban bitcoin, then bitcoin price will obviously crash.

But that's not going to happen, as we know. We're probably not over with the price hikes just yet. Remember we're still looking at $20k as a target here.

Can we say all these FUD is an organized speculation from late Whales adopter from Westerns and Asians.

Just thinking.

[Blockfolioz]

When the price was staggering around $15000 people were speculating that the price won't go low to $10000. But everything went upside down in a very small time period. In this regard anything could happen with a decentralized asset, we can support for growth but the rest happens on its own.

[KobeBriant 24]

Why are you all so super bearish right now? Just a month ago, you all were saying that bitcoin was a bless because the price increased towards $10,000.. And you you all are saying that it will drop?

Came one guys, you are the really meaning of being a hipocryte.

[taeewo]

With the massive drop (bearish) in bitcoin in the past few days (January 2018)
Is it possible for the Bitcoin community to witness another bearish that can make bitcoin drop to $5,000 and below.

Kindly comment from the point of:
The power of the government and their regulation
vs
The oneness voice and power of the people (community) to withstand any unlawful regulations and manipulations

Its possible in January as history do repeat itself in January for cryptocurrency when price of it use to drop drastically .....

[CryptoBaxing]

Not being a hypocrite but it is dropping   So we will see what happens, no one really knows at this moment.

[biletskiy]

I definitely think btc can be sub $5,000 again, I don't know if this year or when, but I've said that when it was around $20,000. I don't base it off any speculation what bankers or the government would do, it's a combination of technicals as well as the fact there are so many better new coins out there today. Don't get me wrong, I still think long term bitcoin will do well as a store of value, but it will do gradually less well.

My bet for its lowest point is $9000. I suppose after the fall of the market of crypto currency, BTC will start going up and step by step it might reach even $25 thousand by the end of the year.

[bitcad4u]

With the massive drop (bearish) in bitcoin in the past few days (January 2018)
Is it possible for the Bitcoin community to witness another bearish that can make bitcoin drop to $5,000 and below.

Kindly comment from the point of:
The power of the government and their regulation
vs
The oneness voice and power of the people (community) to withstand any unlawful regulations and manipulations

Its possible in January as history do repeat itself in January for cryptocurrency when price of it use to drop drastically .....

Many government try to stop the growth of bitcoin by considering of their economy.They will have some fear that bitcoin replace their own currency.If it happen entire country economy will collapsed.Bitcoin price will not reach 5000$ in this January.

[justbfa]

With the massive drop (bearish) in bitcoin in the past few days (January 2018)
Is it possible for the Bitcoin community to witness another bearish that can make bitcoin drop to $5,000 and below.

Kindly comment from the point of:
The power of the government and their regulation
vs
The oneness voice and power of the people (community) to withstand any unlawful regulations and manipulations

Its possible in January as history do repeat itself in January for cryptocurrency when price of it use to drop drastically .....

Many government try to stop the growth of bitcoin by considering of their economy.They will have some fear that bitcoin replace their own currency.If it happen entire country economy will collapsed.Bitcoin price will not reach 5000$ in this January.

It's happened to Zimbabweans last year.

[gabmen]

With the massive drop (bearish) in bitcoin in the past few days (January 2018)
Is it possible for the Bitcoin community to witness another bearish that can make bitcoin drop to $5,000 and below.

Kindly comment from the point of:
The power of the government and their regulation
vs
The oneness voice and power of the people (community) to withstand any unlawful regulations and manipulations

Its possible in January as history do repeat itself in January for cryptocurrency when price of it use to drop drastically .....

Many government try to stop the growth of bitcoin by considering of their economy.They will have some fear that bitcoin replace their own currency.If it happen entire country economy will collapsed.Bitcoin price will not reach 5000$ in this January.

It's happened to Zimbabweans last year.

Obviously january is a bearish month. Its always been. Though i think 5k is a bit too low already and as we can see, bitcoin has strong support from 10k. If worse comes to worst, we probably will be seeing 8k but not lower. Too many people holding btc and government and media fuds won't be able to break that support

[DMiracle1]

Let's hope not. That is way too low but we all know that the future of bitcoin is anything but certain. Given the way Bitcoin’s price has skyrocketed over the past year, it is very difficult to figure out its essential value. Up, down, down, up. As what i have read in some article, "the dominant Bitcoin price prediction was that Bitcoin would reach the $14,000 mark by mid-2018". This is more interesting than the $5,000 mark, right.

[justbfa]

Let's hope not. That is way too low but we all know that the future of bitcoin is anything but certain. Given the way Bitcoin’s price has skyrocketed over the past year, it is very difficult to figure out its essential value. Up, down, down, up. As what i have read in some article, "the dominant Bitcoin price prediction was that Bitcoin would reach the $14,000 mark by mid-2018". This is more interesting than the $5,000 mark, right.

That's very interesting
All things are possible.

[Rooster101]

With the massive drop (bearish) in bitcoin in the past few days (January 2018)
Is it possible for the Bitcoin community to witness another bearish that can make bitcoin drop to $5,000 and below.

Kindly comment from the point of:
The power of the government and their regulation
vs
The oneness voice and power of the people (community) to withstand any unlawful regulations and manipulations

Last year, there are already predictions coming from the media and some bitcoin analysts that bitcoin might plummet to $5000 level this year and then rise again to $20k. Others refuted that forecasts and might drop to only $8k. One thng is sure for me. bitcoin will always undergo a correction because it is part of the cryptocurrency behavior because of their volatility.
Imposing regulations, aside from sweeping ban, is one of the effective weapons of every government to control the proliferations of cryptocurrencies in their country.
In the past, people power are launched to regain freedom in their country, i doubt if they can do the same to cryptocurrencies to counter any abusive regulations and manipulations around the world.

[Shinpako09]

There are prediction last year that it will go higher than $20k and prediction that it will go lower in 4digit. If ever history repeat itself we're going to wait again few years to be able to see a high price again, hope it won't happen. That would cause a lot to a seller only like me though if you think $5k is still decent amount, but it was considering low because of the price we got last year.

[Tyrantt]

I can surely say that I don't think we'll even see the price go below $8k and even less $5k. If you're going only by this drop, in january, remember that we had similar drops a few years back. This is normal, it's not a crypto apocalypse.

We've got a stable price and I'm more than ok with it. It's going to be raising above $20k this year for sure.

[cpfreeplz]

Let' see. BTC failed as a payment system, governments are cracking down on BTC and LN is a joke. Chart looks hyperbolic and indicates it could move to $3000. So yeah why not

Could you please explain how a government "cracks down" on a decentralized currency? Do they ban it? Do they tax it? All of these "crack downs" are very easy to avoid. You really just continue what you're already doing. If you don't like what you're government is doing, don't vote for them. If you can't vote, get the hell out of that country now!

[eann014]

Yeah, there's a possibility for it that bitcoin can crash more  and drop less than $5000, it is also depend on a market and big investors. But for sure after the big drop it can still recover and bitcoin will still hit another new record of ATH's this year. I will still hold my bitcoin even if it will drop.

[ipanks]

Yeah, there's a possibility for it that bitcoin can crash more  and drop less than $5000, it is also depend on a market and big investors. But for sure after the big drop it can still recover and bitcoin will still hit another new record of ATH's this year. I will still hold my bitcoin even if it will drop.

this will happen if there is any panic selling from the people and maybe there will be chaos that is happening on many exchanges so it will make bitcoin price drop less than $5000. but I still believe that the price will go to go up again after the dropped price and I am sure that the price will make a new high price. but I don't think in this year, the bitcoin price will down until $5000 because too many people are just expecting the price will increase again.

[moneyangel]

Bitcoin is now slowly stabilizing at $11k that speculation to drop to $5k is now far to happen. The issues about the South Korea banning bitcoin has now uplift with some conditions to consider like taxes on the exchanges.
I'm hoping that a good run for bitcoin this year for another all time high.

[Sithara007]

It is quite possible, if something catastrophic happens. By catastrophe, I mean a possible ban on crypto-currency by the governments of the United States and the European Union. It will liquidate more than 50% of the crypto-market. We had a very bad beginning in 2018, due to bad news from South Korea and India. Let's just hope that there won't be anymore this year.

[superjeyy]

In the short amount of time that I have been investing in Bitcoin, one thing that is truly prevalent is that Bitcoin can break boundaries which goes to show that nothing is impossible with this cryptocurrency. However, due to the recent issues with the government and other complications such as transaction fees, altcoins gaining reputation, and the density of its volatility, the demand for it has been less compared to what it reached before that affected its growth over time. Don't get me wrong, Bitcoin is still popular and very flexible but with the current issues that makes it not promote efficiency, it's growth is greatly affected for some are pulling out their interest on it. There is a possibility that Bitcoin can drop to $5,000 and this can be saddening but knowing how Bitcoin is, it will recover and reach a greater peak. Bitcoin always comes through.

[justbfa]

It is quite possible, if something catastrophic happens. By catastrophe, I mean a possible ban on crypto-currency by the governments of the United States and the European Union. It will liquidate more than 50% of the crypto-market. We had a very bad beginning in 2018, due to bad news from South Korea and India. Let's just hope that there won't be anymore this year.

I quite agree with you.
In this Crypto-sphere anything is possible.
We should just defend and uphold our love for bitcoin and stay positive.

[Kronos21]

I doubt that bitcoin can fall to the level of $ 5,000. In any case, bitcoin has done its job. The world will never be the same as it was before the emergence of bitcoin. Even if bitcoin dies it will be replaced by another cryptocurrency. The obtained knowledge will allow you to quickly recover losses. I'm glad I live in this time.

[DPoS2]

I doubt that bitcoin can fall to the level of $ 5,000. In any case, bitcoin has done its job. The world will never be the same as it was before the emergence of bitcoin. Even if bitcoin dies it will be replaced by another cryptocurrency. The obtained knowledge will allow you to quickly recover losses. I'm glad I live in this time.

yep - with the huge rise across crypto last year, alts are starting to stand on their own.   Bitcoin might not go to $100k but other alts can see 10x gains still and the value of using crypto should make life 10x better even if the price doesn't go up crazy anymore

[Vannie12]

Many are saying that it could go $8k or below but I doubt that it will go lower than $5k. Since $5k mark last year was almost stable too.
I would not worry if it cuts off $8k.

Most likely, people will panic again. Shooked by their losses.
I agree that knowledge about the volatility is one way that would save you from permanently losing some capital..

[drachman]

With the massive drop (bearish) in bitcoin in the past few days (January 2018)
Is it possible for the Bitcoin community to witness another bearish that can make bitcoin drop to $5,000 and below.

Kindly comment from the point of:
The power of the government and their regulation
vs
The oneness voice and power of the people (community) to withstand any unlawful regulations and manipulations

Bitcoin is still solid, the problem with governments is that while they are powerful using that power can be difficult, if governments ban bitcoin that will make the price to go down, but those that are hardcore bitcoin enthusiasts are going to become even more hardcore so it is going to be impossible to eliminate bitcoin and they will be left with no recourse to fight bitcoin anymore.

[tabas]

Many are saying that it could go $8k or below but I doubt that it will go lower than $5k.

They don't know what they are saying, below $5,00 is too much. But this is a speculation of someone that wants to buy lower than he's seen bitcoin before.

Most likely, people will panic again.

This is expected, bitcoin can be have hard time of getting back at $15,000.

[dmamigo]

Many are saying that it could go $8k or below but I doubt that it will go lower than $5k. Since $5k mark last year was almost stable too.
I would not worry if it cuts off $8k.

Most likely, people will panic again. Shooked by their losses.
I agree that knowledge about the volatility is one way that would save you from permanently losing some capital..

Yup the speculation is possible, as the way Bitcoin movement is behaving, its pretty possible to see the mark. And you are right it will spark more fear and generally more drop. Either something is wrong or massive dumping game is still on, and pumping will hit only if the big investor thinks to.

[mrcash02]

Governments have the temporary power to decrease Bitcoin's strength. They can do this by introducing flash rules on their countries, rules like banning exchange's accounts at banks (in parcery with banks), putting regulations on Crypto enthusiasts, banning Bitcoin. When this happen the demand decreases fast and temporarily, especially if it's a big country, responsible for a decent traffic in Crypto world.

It could lead BTC to $5000, but it's unlikely at this moment. BTC has too much strength near $11.000-$10.000, it's the currently support.
The little fishes enthusiasts can do nothing about it, they don't have decision power. If they are able to find a gap on the system it's already too much.

[Zicadis]

Somewhere around mid January I thought there was a possibility but the price could drop as low as $5,000 but i noticed people are on standby to buy some btc as they have realized how much potential it has...

There are prediction last year that it will go higher than $20k and prediction that it will go lower in 4digit. If ever history repeat itself we're going to wait again few years to be able to see a high price again, hope it won't happen. That would cause a lot to a seller only like me though if you think $5k is still decent amount, but it was considering low because of the price we got last year.

The predictions where about to come true not until these regulations forced investors to withdraw some of their crypto shares

[shalnark]

Many are saying that it could go $8k or below but I doubt that it will go lower than $5k. Since $5k mark last year was almost stable too.
I would not worry if it cuts off $8k.

Most likely, people will panic again. Shooked by their losses.
I agree that knowledge about the volatility is one way that would save you from permanently losing some capital..

Yup the speculation is possible, as the way Bitcoin movement is behaving, its pretty possible to see the mark. And you are right it will spark more fear and generally more drop. Either something is wrong or massive dumping game is still on, and pumping will hit only if the big investor thinks to.

Actually for now, I don't want to see bitcoin price drops to $5,000 although we don't know what will happen later. the drop of the price in yesterday makes people become panic and I cannot imagine what will happen if the price drops to $5,000 maybe there will be a massive selling order from the people because they are really shock and panic. I believe it will recover for succeding months.

[STT]

Let' see. BTC failed as a payment system, governments are cracking down on BTC and LN is a joke. Chart looks hyperbolic and indicates it could move to $3000. So yeah why not

Could you please explain how a government "cracks down" on a decentralized currency? Do they ban it? Do they tax it? All of these "crack downs" are very easy to avoid. You really just continue what you're already doing. If you don't like what you're government is doing, don't vote for them. If you can't vote, get the hell out of that country now!

Governments wont ban what they can tax, I tend to agree with that.    Problem is crypto in general is becoming more restricted by regulations which means its as much hassle or even more for a business then just using normal FIAT.

That is kind of a drag of prospects for crypto in general.   Could they ban, I dont believe its that feasible in any democratic country like you say because its just a token that is secure.   Thought crime is not yet with us and me transferring tokens is not really a negative per say.    It could be a negative in theory when used for crime but then so could anything, big time criminals sometimes keep fine art as a store of value.   Will fine art be banned or restricted not likely.

Bitcoin has a recent uptrend still in place and I think 13,000 overhead is more important to watch then any bigger objective.

[Question123]

11,000 dollars is the price of the bitcoin today,  if you compared the price of the bitcoin last few weeks today it will increase 10percent.  Because the price last few weeks is 10,000 dollars. I think the possible price of the bitcoin become $5000 if many people sell their bitcoin.  They have chance to see 5k dollars in this year brcause evrything is possible to happen.  But I hope the price of the bitcoin will continue to increase the price.  I hope not to decrease at $5000 and I want 50k dollars.

[justbfa]

8,200 dollars is the price of the bitcoin today, what is the assurance that bitcoin will not drop below 5,000 dollars?
The only assurance i have is bitcoin will always win.

[smallcryptoinvestor]

8,200 dollars is the price of the bitcoin today, what is the assurance that bitcoin will not drop below 5,000 dollars?
The only assurance i have is bitcoin will always win.

Very true. Those who are selling now, are the type of people who just want to lose. We HODL:ers are the winning people.

[Ahiaba]

Well base on the current decline in Bitcoin and other altcoins there is a high probability that Bitcoin Bitcoin could get closer down to $5,000 because base on past history there is no strong surport between  $5,000 and $8,000 and that was my reason except there is a strong fundamental issues that will happen in favour of Bitcoin which we all hope so.

[Hawaii2020]

Well base on the current decline in Bitcoin and other altcoins there is a high probability that Bitcoin Bitcoin could get closer down to $5,000 because base on past history there is no strong surport between  $5,000 and $8,000 and that was my reason except there is a strong fundamental issues that will happen in favour of Bitcoin which we all hope so.

What? It wasnt so long ago bitcoin dropped to $2500 from $5000 so what fake support are you talking about?

People need to free themselves from their fake comfort beliefs....

I do still trust bitcoin and know it will rise again as I see its value. But there is no such thing as "bottom" or reading the future from chart... Probably reading dead animals gives you a better insight as they at least bring food to the table.

[Apened]

With the massive drop (bearish) in bitcoin in the past few days (January 2018)
Is it possible for the Bitcoin community to witness another bearish that can make bitcoin drop to $5,000 and below.

Kindly comment from the point of:
The power of the government and their regulation
vs
The oneness voice and power of the people (community) to withstand any unlawful regulations and manipulations

In these seasons now bearish continuous as FUDS in the market are present manipulators and whales are trying to dump bitcoins price to buy more bitcoins. Government  and with the peoples are into. Price $5000 is still possible if they dump it or my lowest possible prediction for me is $7000k. I don't aiming for more it was enough for me.

[drachman]

8,200 dollars is the price of the bitcoin today, what is the assurance that bitcoin will not drop below 5,000 dollars?
The only assurance i have is bitcoin will always win.

There is not an assurance that is the thing, bitcoin is an speculative asset and right now its price is decreasing that is why many people are selling their bitcoin, however bitcoin is still the same as always nothing has changed so a natural conclusion is that if bitcoin reached huge prices in the past the most likely option is that it will do it again.

[Casdinyard]

Many are saying that it could go $8k or below but I doubt that it will go lower than $5k.

They don't know what they are saying, below $5,00 is too much. But this is a speculation of someone that wants to buy lower than he's seen bitcoin before.

Most likely, people will panic again.

This is expected, bitcoin can be have hard time of getting back at $15,000.

Exactly. Bitcoin needs a lot of time to get back to its senses because some new investors will surely doubt if bitcoin can regain its value while the price is still crashing.
The bearish trap hasn't yet ended so we can see bitcoin go down to $6k before it recover again.

[ipanks]

Many are saying that it could go $8k or below but I doubt that it will go lower than $5k.

They don't know what they are saying, below $5,00 is too much. But this is a speculation of someone that wants to buy lower than he's seen bitcoin before.

Most likely, people will panic again.

This is expected, bitcoin can be have hard time of getting back at $15,000.

Exactly. Bitcoin needs a lot of time to get back to its senses because some new investors will surely doubt if bitcoin can regain its value while the price is still crashing.
The bearish trap hasn't yet ended so we can see bitcoin go down to $6k before it recover again.

I think we could go to below $8k because everything is possible in cryptocurrency. and if we see when the price increases before, it only needs two or three months to reach the high price of bitcoin and the price could go down again but of course, it will need a time before it's increase or decrease again and this will make people get panic.

and if the price later wants to go up, then I guess it will not need too long to see the price reach the high price again like before and only people which could still hold their bitcoin that will have a big smile for this.

[H0USE]

With the massive drop (bearish) in bitcoin in the past few days (January 2018)
Is it possible for the Bitcoin community to witness another bearish that can make bitcoin drop to $5,000 and below.

Kindly comment from the point of:
The power of the government and their regulation
vs
The oneness voice and power of the people (community) to withstand any unlawful regulations and manipulations

The governments are cracking down on crypto and bitcoin issuing warnings against it and do not lending it support to btc and momentum is shifting against the btc market with total market cap falling to almost $11billion.The last broken point was at $10000 and now it is below that point and has hit $8000 and now $5k don't seems away as it can reach there but hope it don't get there and regain its momentum and reach to new levels.

[whyrqa]

The thing is that I would not speculate around all the predictions, who will say what and what future forecast will be realized. The fact is that Bitcoin has never been stable and for the entire year 2018 we can see very much both the drop and the rise in the price of Bitcoin.

[intoy_victor]

With the massive drop (bearish) in bitcoin in the past few days (January 2018)
Is it possible for the Bitcoin community to witness another bearish that can make bitcoin drop to $5,000 and below.

Kindly comment from the point of:
The power of the government and their regulation
vs
The oneness voice and power of the people (community) to withstand any unlawful regulations and manipulations

The price of bitcoin is unstable no one can predict it. We are lucky if the bitcoin price is high, even it is low because we can buy bitcoin more. When the price is low that's the time to buy bitcoins however you can get a big profit when it's price gets high.

[vv181]

Well base on the current decline in Bitcoin and other altcoins there is a high probability that Bitcoin Bitcoin could get closer down to $5,000 because base on past history there is no strong surport between  $5,000 and $8,000 and that was my reason except there is a strong fundamental issues that will happen in favour of Bitcoin which we all hope so.

Below 8k is the median line of the buying zone to be precise is at below 7,8k is a definitely the buy zone. I believe Bitcoin is oversold if in case it goes below that level. I'm sure many whales won't let Bitcoin goes below that level.

[Carlsen]

We have seen a drop from 20K to 8K, so I think it is very possible that the price can go down even further.
There still is the problem that nobody can tell what a fair value for bitcoin would be, because there are not many hard numbers.
That is why the crypto market is driven even more by emotions than the stock market.
And the emotion that dominates at the moment is fear. Fear makes people sell.

[Yurkov]

Now it is no longer a correction, just a panicky sale. There are no signals to increase the price. Therefore, further drops to 5k $ are the most possible. But in the case of bitcoin, it's hard to predict anything. The trend may turn in a moment and the price will start to grow.

[jubalix]

Let' see. BTC failed as a payment system, governments are cracking down on BTC and LN is a joke. Chart looks hyperbolic and indicates it could move to $3000. So yeah why not

The issue of government crack-down on BTC can never be ruled out until government can find way to make huge money off bitcoin like tax.
But i believe power belongs to people, and if the community of bitcoin users doesn't understand this, the pressure of government ranting will make them to keep selling off their treasure bitcoin.

I really think the gov crackdown means nothing, btc (tech) incentivises individuals in govt to always thwart gov action. Centralised organisations will be arbitraged out to the extent of their inefficiency versus block chain tech.

[justbfa]

I have come to understand that governments and the powerful centralized institutions are fighting for their own shares of this decentralized profits of cryptocurrencies and always want to be in control.

[ladyinredcoins2018]

With the massive drop (bearish) in bitcoin in the past few days (January 2018)
Is it possible for the Bitcoin community to witness another bearish that can make bitcoin drop to $5,000 and below.

Kindly comment from the point of:
The power of the government and their regulation
vs
The oneness voice and power of the people (community) to withstand any unlawful regulations and manipulations

I think this drop of 5k is now impossible to happend. The price has been consistently stayed to 7800k to 8k this past few weeks. I am guessing that if it drops it will stay at 6k deepest. I am speculating also that it has a greater chance of rising up to 10k at the end of this month though than dropping to 5k. Yes, the price increase of bitcoin is really a good movement after a long drop. If this will continue to rise people will be able to recover their loses pretty fast too!

[dobladi]

With the massive drop (bearish) in bitcoin in the past few days (January 2018)
Is it possible for the Bitcoin community to witness another bearish that can make bitcoin drop to $5,000 and below.

Kindly comment from the point of:
The power of the government and their regulation
vs
The oneness voice and power of the people (community) to withstand any unlawful regulations and manipulations

We can't hide the truth that this thing is possible to happen since we don't have full control on its market value. If something bad will happen to Bitcoin chances are high that its market price will again fall. And that is why holding is the best thing to do in order on not to lose profit. Investing would be also a good idea to do when the price is falling to earn profit when the msrket value of Bitcoin starts to rise.

[justbfa]

With the massive drop (bearish) in bitcoin in the past few days (January 2018)
Is it possible for the Bitcoin community to witness another bearish that can make bitcoin drop to $5,000 and below.

Kindly comment from the point of:
The power of the government and their regulation
vs
The oneness voice and power of the people (community) to withstand any unlawful regulations and manipulations

We can't hide the truth that this thing is possible to happen since we don't have full control on its market value. If something bad will happen to Bitcoin chances are high that its market price will again fall. And that is why holding is the best thing to do in order on not to lose profit. Investing would be also a good idea to do when the price is falling to earn profit when the msrket value of Bitcoin starts to rise.

I seconded it.

[LuciferEveningStar]

With the massive drop (bearish) in bitcoin in the past few days (January 2018)
Is it possible for the Bitcoin community to witness another bearish that can make bitcoin drop to $5,000 and below.

Kindly comment from the point of:
The power of the government and their regulation
vs
The oneness voice and power of the people (community) to withstand any unlawful regulations and manipulations

In my own opinion, there is no way for bitcoins to go down again below $5k dollars because there are too many investors in the market now a days and most of them are still holding their coins.

[justbfa]

With the massive drop (bearish) in bitcoin in the past few days (January 2018)
Is it possible for the Bitcoin community to witness another bearish that can make bitcoin drop to $5,000 and below.

Kindly comment from the point of:
The power of the government and their regulation
vs
The oneness voice and power of the people (community) to withstand any unlawful regulations and manipulations

In my own opinion, there is no way for bitcoins to go down again below $5k dollars because there are too many investors in the market now a days and most of them are still holding their coins.

I quite agree with you, but if the market (support) drop beyond investors calculation (stop loss), there is probability that investors can cash out which can further have a negative impact on Bitcoin market.

All things are possible!

[CybereyesWinger]

With the massive drop (bearish) in bitcoin in the past few days (January 2018)
Is it possible for the Bitcoin community to witness another bearish that can make bitcoin drop to $5,000 and below.
Kindly comment from the point of:
The power of the government and their regulation
vs
The oneness voice and power of the people (community) to withstand any unlawful regulations and manipulations

   Warning! Without certain experience, Trading and Hodling are risky. The most acceptable method of investing at the moment is ICO. For a more successful contribution, you need to carefully analyze the project. Identify is necessary for the market side. For example, the Kelvin Blockchain project has an innovative method of encryption, transmission, storage, and security. All this is based on quantum computing. Thus becoming in demand in the future. With the coming quantum technologies, the current market must experience many changes. To be more exact, many coins will leave the market, as there will simply be no demand for them, due to the same technological superiority.

[justbfa]

Are we on our way back to $5,000?  

[bitcoin31]

Bitcoin already drop 5000 dollars plus but the price now is near at 7900 dollars and I think it will increase again the price more and 10k dollars to 15k dollars this month. I don't think below 5000 will happen this year.

[justbfa]

Bitcoin already drop 5000 dollars plus but the price now is near at 7900 dollars and I think it will increase again the price more and 10k dollars to 15k dollars this month. I don't think below 5000 will happen this year.

I hope so as well.
But all things are possible.

[entrepmind23]

Bitcoin already drop 5000 dollars plus but the price now is near at 7900 dollars and I think it will increase again the price more and 10k dollars to 15k dollars this month. I don't think below 5000 will happen this year.

Well, as of this writing bitcoin price is around $7,600 and it's not that far from $5,000. If those big holders of coins wills to drop the price more then they can do it because they have the power. They can just have a sell off and along with FUD then they can possibly drop it some more. Looking at the shorts and longs, shorts are dropping and longs are increasing so there is a possibility that the price would continnue to go up along with the anticipation of good news regarding ETF.

[justbfa]

Bitcoin already drop 5000 dollars plus but the price now is near at 7900 dollars and I think it will increase again the price more and 10k dollars to 15k dollars this month. I don't think below 5000 will happen this year.

Well, as of this writing bitcoin price is around $7,600 and it's not that far from $5,000. If those big holders of coins wills to drop the price more then they can do it because they have the power. They can just have a sell off and along with FUD then they can possibly drop it some more. Looking at the shorts and longs, shorts are dropping and longs are increasing so there is a possibility that the price would continnue to go up along with the anticipation of good news regarding ETF.

entrepmind23!
You are just few among the people that understand my thought.
The few cartel and power that be, that hold and control the larger percentage of bitcoin can actual cause a lot of calamity just for selfish and personal gain.

Honestly you deserve merits but unfortunately i'm merit-less...ha ha

[marcbitcoins]

Everything is possible to happen specially Bitcoin price is really unpredictable but we are in the month of August now in which this is the month that Bitcoin start to climb up after the fork and by next month the start of the 4th Quarter in which most of bullish predictions are expecting to start. Therefore we should wait and see that hopefully Bitcoin price will not fall down but instead it will soar to reach the ATH again by this year.

[justbfa]

With the massive drop (bearish) in bitcoin in the past few days (January 2018)
Is it possible for the Bitcoin community to witness another bearish that can make bitcoin drop to $5,000 and below.

Kindly comment from the point of:
The power of the government and their regulation
vs
The oneness voice and power of the people (community) to withstand any unlawful regulations and manipulations

Everything is possible to happen specially Bitcoin price is really unpredictable. We are in the month of August now in which this is the month that Bitcoin start to climb up after the fork and this is the end quarter of the year that most of bullish predictions are expecting to start. There is nothing we can do but to wait and see as there is no one could really tell the future of Bitcoin price for this year.

I quite agree with you.
We all know that it's no longer news that drop price of Bitcoin in the recent past has created horrifying noise around the world particularly in cryptocurrency circles there is utter confusion. This chaotic scenario has ensured the widest public that Bitcoin is expiring. As a matter of fact, the demand for the Bitcoin is highly volatile, that is making the most capitalized virtual currency even the most unreliable preserve of value.

But then, what about Blockchain?

A good news is here; the technology behind Bitcoin, which is Blockchain is booming and is having an every opportunity for becoming a game changer for a wide range of Fintech companies, that are not at all limited by cryptocurrency transactions
Bitcoin can crash only if it is worthless but is it? One fact remains that governments around the world are showing interest in legalizing, regulating or taxing this cryptocurrency which shows there is actual interest to adopt this digital currency as an alternative to flat currency.

But the fact still remain the same, because the industry is young and unpredictable, and anything is possible.

[arthotdog]

With the massive drop (bearish) in bitcoin in the past few days (January 2018)
Is it possible for the Bitcoin community to witness another bearish that can make bitcoin drop to $5,000 and below.

Kindly comment from the point of:
The power of the government and their regulation
vs
The oneness voice and power of the people (community) to withstand any unlawful regulations and manipulations

Happy to say that this yet happen and im praying this will never be because were past half year,and bringing bitcoin to that level will only make the market rattle and this again in favor of the big capitalist thats calls Whales

I regret having bellow five thousand dollars price,we are now going high and not drops

[justbfa]

With the massive drop (bearish) in bitcoin in the past few days (January 2018)
Is it possible for the Bitcoin community to witness another bearish that can make bitcoin drop to $5,000 and below.

Kindly comment from the point of:
The power of the government and their regulation
vs
The oneness voice and power of the people (community) to withstand any unlawful regulations and manipulations

Happy to say that this yet happen and im praying this will never be because were past half year,and bringing bitcoin to that level will only make the market rattle and this again in favor of the big capitalist thats calls Whales

I regret having bellow five thousand dollars price,we are now going high and not drops

Whales control the market no doubt about that.
I pray it works in our favour (bitcoin community)

[Florina1990]

No. I think bitcoin will not drop to 5k this year. Just don't listen to fud and not sell your bitcoin low. The best is to hold.

[ipanks]

Are we on our way back to $5,000?  

maybe yes, maybe no. there still possibilities for bitcoin to get a drop to $5000 in this year but I don't think that it will happen. maybe we see the lowest of bitcoin price is at $6k yesterday. don't be too worried if there are a people or group that saying bitcoin price will drop to $5000 because there just spreading a bad news and they have a purpose to make people become panic so they can get bitcoin at the lower price.

[qiman]

I think it could drop to around 5k usd if the EFT for the CBOE is not accepted by the SEC and is disregarded. That will create I think a big sell off and we will lose at least 30% of the marketcap and go down to around 180 billion to 200 billion USD. I think that is the most likely scenario if this big event we are all waiting for does not transpire. This surge in price the last month has the CBOE factored in and a bull run if it does happen will most likely not come this year, even if the EFT IS accepted.

[deppil]

Bitcoin already drop 5000 dollars plus but the price now is near at 7900 dollars and I think it will increase again the price more and 10k dollars to 15k dollars this month. I don't think below 5000 will happen this year.

I hope so as well.
But all things are possible.

Yeah before we had experienced a decline to that price. and now the price has recovered and had exceeded the price of $8k and then back down. I think anything could possibly happen. but I think that the price will go up again and maybe it will reach $ 10 k again soon

[justbfa]

Bitcoin already drop 5000 dollars plus but the price now is near at 7900 dollars and I think it will increase again the price more and 10k dollars to 15k dollars this month. I don't think below 5000 will happen this year.

I hope so as well.
But all things are possible.

Yeah before we had experienced a decline to that price. and now the price has recovered and had exceeded the price of $8k and then back down. I think anything could possibly happen. but I think that the price will go up again and maybe it will reach $ 10 k again soon

I think anything could possibly happen

That's the word. Any is possibly happen.

[justbfa]

I think it could drop to around 5k usd if the EFT for the CBOE is not accepted by the SEC and is disregarded. That will create I think a big sell off and we will lose at least 30% of the marketcap and go down to around 180 billion to 200 billion USD. I think that is the most likely scenario if this big event we are all waiting for does not transpire. This surge in price the last month has the CBOE factored in and a bull run if it does happen will most likely not come this year, even if the EFT IS accepted.

I think the EFT bill will be accepted, but some cartels and whale (friend of the government) may likely wants to play some level of high politics and take advantage, influence some decision and cause some FUD, then after the community has sold off their BTC and they whales have bought it off, then the good news will come in and... we all know the rest.

[justbfa]

Are we on our way back to $5,000?  

maybe yes, maybe no. there still possibilities for bitcoin to get a drop to $5000 in this year but I don't think that it will happen. maybe we see the lowest of bitcoin price is at $6k yesterday. don't be too worried if there are a people or group that saying bitcoin price will drop to $5000 because there just spreading a bad news and they have a purpose to make people become panic so they can get bitcoin at the lower price.

The market is unpredictable. Whales are looking for loopholes to further benefit.

[justbfa]

No. I think bitcoin will not drop to 5k this year. Just don't listen to fud and not sell your bitcoin low. The best is to hold.

  Most hilarious comment!
Of course the wise one wouldn't sell of his or her digital gold.
Come to think of it, we only have BTC21 million that will ever be mined.
Do you now see reason why at least we should have BTC1 and keep as a digital gold for the future.

[blockman]

No. I think bitcoin will not drop to 5k this year. Just don't listen to fud and not sell your bitcoin low. The best is to hold.

  Most hilarious comment!
Of course the wise one wouldn't sell of his or her digital gold.
Come to think of it, we only have BTC21 million that will ever be mined.
Do you now see reason why at least we should have BTC1 and keep as a digital gold for the future.

And don't forget that halving will come on 2020.

Few bitcoins left to mine but the difficulty will increase year after year and the last bitcoin will be mined after roughly 100 years. The reason why we should keep at least one bitcoin in the future is we're not yet into mass adoption. But once majority and almost people in the world are into bitcoin, you'll see a spike to its price.

[Gotomoon]

Are we on our way back to $5,000?  

maybe yes, maybe no. there still possibilities for bitcoin to get a drop to $5000 in this year but I don't think that it will happen. maybe we see the lowest of bitcoin price is at $6k yesterday. don't be too worried if there are a people or group that saying bitcoin price will drop to $5000 because there just spreading a bad news and they have a purpose to make people become panic so they can get bitcoin at the lower price.

The market is unpredictable. Whales are looking for loopholes to further benefit.

Hard to predicted price possible to drop to $5k and possible it will not happen. A lot of things surprising of bitcoin to the users. Once more adoptions price could boom this year.

[Paulinhozinha]

Expecting Bitcoin to hit 5k at the end of the year is not realistic. You never can tell what will happen before the year end. There is still room to experience the bull race again.

[gabmen]

Are we on our way back to $5,000?  

maybe yes, maybe no. there still possibilities for bitcoin to get a drop to $5000 in this year but I don't think that it will happen. maybe we see the lowest of bitcoin price is at $6k yesterday. don't be too worried if there are a people or group that saying bitcoin price will drop to $5000 because there just spreading a bad news and they have a purpose to make people become panic so they can get bitcoin at the lower price.

The market is unpredictable. Whales are looking for loopholes to further benefit.

Hard to predicted price possible to drop to $5k and possible it will not happen. A lot of things surprising of bitcoin to the users. Once more adoptions price could boom this year.

Questions like this can't be answered by a simple yes or no since it's extremely hard to follow how btc will move. A single positive or negative news can drastically change the trend that the price is currently following.

[icopir]

such a forecast is difficult to do since the market for crypto currency is changing rapidly and it is difficult to predict the fall or rise now

[barota]

for sure prices can drop bellow 5000 or why not 1000 , People take in their thinking that 6000 will broke
We must take Probability of crash prices and sometimes stop holding bitcoin

[justbfa]

With the massive drop (bearish) in bitcoin in the past few days (January 2018)
Is it possible for the Bitcoin community to witness another bearish that can make bitcoin drop to $5,000 and below.

Kindly comment from the point of:
The power of the government and their regulation
vs
The oneness voice and power of the people (community) to withstand any unlawful regulations and manipulations

It's unfortunate this is happening.
Currently as I was writing this piece, Bitcoin price is $4,237.68 USD which means Bitcoin drops beyond $5,000.
For those of us that have spent time and old enough - even with M.Sc in Cryptocurreny (LOL  ) in the ecosystem, this is not new thing, it's just a season, kind of a cycle we can identify with. There are so many factors that lead to this.

Does anyone that's old enough maybe our heroes and legends    in this ecosystem can discuss more on what could have led to this?

NB: What have I done  to deserve newbies from being a Member (in view  ) after so much contribution to this ecosystem both online and offline inlcuding free bitcoin awareness and training of newbies even my local community   (hey don't mind me and don't take it personal please). I understand that with time I will earn my merit in this community of ours.

[carlisle1]

With the massive drop (bearish) in bitcoin in the past few days (January 2018)
Is it possible for the Bitcoin community to witness another bearish that can make bitcoin drop to $5,000 and below.

Kindly comment from the point of:
The power of the government and their regulation
vs
The oneness voice and power of the people (community) to withstand any unlawful regulations and manipulations

What you are asking did happen now,and not just below $5k but below 4$ the lowest bitcoin price has for the whole yesr round
But we as holder can withstand this burden and may receive our prizes in the near future as this 2018 is not favorable for our community

[potivech]

Actually we are at a very risky price range for bitcoin and we may have another small pump and then a huge red selling candle again but this time we may break even lower to 2800 analysis doesn't look good at all .. December is the bottom to this if things turns well in the next month then fire will rage and bulls will lift bitcoin far up and we will finally break out of the bear market

[gilangIDR]

Actually we are at a very risky price range for bitcoin and we may have another small pump and then a huge red selling candle again but this time we may break even lower to 2800 analysis doesn't look good at all .. December is the bottom to this if things turns well in the next month then fire will rage and bulls will lift bitcoin far up and we will finally break out of the bear market

There will always be price changes at any time, we cannot determine how the price of Bitcoin moves correctly. What is on the market today is speculation, speculation that only predicts the price of Bitcoin. Nothing is certain because there is always a change and the crypto world always gives a surprise.

[Prettymie]

Actually we are at a very risky price range for bitcoin and we may have another small pump and then a huge red selling candle again but this time we may break even lower to 2800 analysis doesn't look good at all .. December is the bottom to this if things turns well in the next month then fire will rage and bulls will lift bitcoin far up and we will finally break out of the bear market

The price is now fall below $4000 and this could go lower to $3500 if the trend will continue to fall. Do we see another bottom for this year? I'm hoping that a rebound could be created to back the price at $6k level before we end this year.

[sjefdeklerk]

Reading back threads like these, pure gold!

[justbfa]

Actually we are at a very risky price range for bitcoin and we may have another small pump and then a huge red selling candle again but this time we may break even lower to 2800 analysis doesn't look good at all .. December is the bottom to this if things turns well in the next month then fire will rage and bulls will lift bitcoin far up and we will finally break out of the bear market

There will always be price changes at any time, we cannot determine how the price of Bitcoin moves correctly. What is on the market today is speculation, speculation that only predicts the price of Bitcoin. Nothing is certain because there is always a change and the crypto world always gives a surprise.

You are right.
Retrospectively, in 2018 I lost approximately $50,000 to the bearish market.
But I have come to learn one thing in summary. 1 Bitcoin is always equal to 1 Bitcoin
. . . there is always a change and the crypto world always gives a surprise

[justbfa]

Reading back threads like these, pure gold!

That's true.
When I created this thread last year, I didn't know the crypto-market bloodshed was on its way to hit us hard.

[justbfa]

Actually we are at a very risky price range for bitcoin and we may have another small pump and then a huge red selling candle again but this time we may break even lower to 2800 analysis doesn't look good at all .. December is the bottom to this if things turns well in the next month then fire will rage and bulls will lift bitcoin far up and we will finally break out of the bear market

The price is now fall below $4000 and this could go lower to $3500 if the trend will continue to fall. Do we see another bottom for this year? I'm hoping that a rebound could be created to back the price at $6k level before we end this year.

Unfortunately we didn't see that happen in 2018.
This is 2019. Finger crossed for positive rebound.

[anggi]

Actually we are at a very risky price range for bitcoin and we may have another small pump and then a huge red selling candle again but this time we may break even lower to 2800 analysis doesn't look good at all .. December is the bottom to this if things turns well in the next month then fire will rage and bulls will lift bitcoin far up and we will finally break out of the bear market

The price is now fall below $4000 and this could go lower to $3500 if the trend will continue to fall. Do we see another bottom for this year? I'm hoping that a rebound could be created to back the price at $6k level before we end this year.

well, this anxiety finally came true. we really can't resist that, because everything is possible at this time. well even though now the price of bitcoin is under $ 5000, however, bitcoin doesn't lose its potential to be even bigger. well, I'm sure, the price for this year will be higher compared to $ 5,000.

[bintangkejoraku]

well, this anxiety finally came true. we really can't resist that, because everything is possible at this time. well even though now the price of bitcoin is under $ 5000, however, bitcoin doesn't lose its potential to be even bigger. well, I'm sure, the price for this year will be higher compared to $ 5,000.

This thread has been made 1 year ago, and what they are talking about right now is really happening. well now we have to think positively and continue to hold the bitcoin we have. don't lose heart 

[Adriano2010]

As we can see, this was happen last year, and now in 2019 we have a price under 4000$. I never thought after that grow, that now we will have so low price now, but in my opinion this year we will have a new All time high so i will hold.

[justbfa]

As we can see, this was happen last year, and now in 2019 we have a price under 4000$. I never thought after that grow, that now we will have so low price now, but in my opinion this year we will have a new All time high so i will hold.

HODLing!
 

[btc78]

With the massive drop (bearish) in bitcoin in the past few days (January 2018)
Is it possible for the Bitcoin community to witness another bearish that can make bitcoin drop to $5,000 and below.

Kindly comment from the point of:
The power of the government and their regulation
vs
The oneness voice and power of the people (community) to withstand any unlawful regulations and manipulations

You have made a perfect prediction mate because you did get the exact point of the price in 2018.though it didn’t happen in 2018 since in first quarter of 2019 when Bitcoin price totally dropped to below $5k yet the value still go under the said price

This thread has been created months after bitcoin's massive reach of its ath. Further the growth has got disturbed by various factors and 2018 served as a very bad year without big growth. The very first post of the thread states how the market has been expected and what has taken place in reality. One thing he has missed is to mention about recovery. Someday it'll recover, and the same is taking place now.

Maybe OP outview  and figured the scenario that after a pump for sure dumping will happen,but no one expect thy it will dropped up to $3,000 .and it’s harder to imagine from almost $20,000 we fall to that biggest downfall from bitcoin price history

[barota]

bitcoin can drop below 3500 again next months ... don't believe billionaire who say that prices will rise to 100000 usd  or 50000 usd  or 1 million usd per btc