BTC could go down to $5,000

[Dydot]

BTC could go down to $5,000. What do you think?

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[zenhu]

Possible, but not likely going to happend though. as long there demand bitcoin price will keep growing. Use your money wisely dont invest to something you can afford to lose, dont go allin on one cryptocurrency or project. Spend some for your own sake.

[Wanska]

BTC could go down to $5,000. What do you think?

On what basis??

[xaviervilla]

BTC could go down to $5,000. What do you think?

although i have a gut feeling that something like this is never likely to happen, we reall cannot shake this idea off since bitcoins have already proven in the past that it can go either too high or too low without any warnings or whatsoever. but to be honest, i trust my gut more since this has never ever failed me yet. so i am not really worrying. and even if this happens, then i'd still be glad. since it will be a great opportunity to collect more bitcoins to hold. and even though fuds are everywhere, i do not give a damn. because clearly, high or low, bitcoins along all the other crypto currencies out there will never run out of fuds. people will always create fud out of anything for varying reasons that only they know. so better to relax and just go with the flow. if we lose, then we lose, if not, then we are rich. there really is nothing to worry about if you haven't invested funds that you know you is something that you really need. and if you really did, then i guess you should take profits or cut losses as soon as possible. the risk just isn't worth it.

[setifien19]

Yes it could , and even lower provided that  people & companies abandon its use so the demand decreases and as result, BTC goes down , but it seems to me that it's slightly illogical because as you know the world is getting automated more & more , finance too ought to go along with this automatisation whose BTC can assure.

[anasso]

it's not impossible for bitcoin to go under 10 000$ or even 5 000$.

i still believe that 2017 is going to be the year of cryptocurrencies and big hedge fund are preparing their entry in the market.

[wirgaz]

i'm struggling to find anything useful in your thread 

[blue_nexus15]

BTC could go down to $5,000. What do you think?

According to the bitcoin candlestick chart analysis, the points that bitcoin may fall to are 8k USD and 5k USD. It is the worst situation and bitcoin can go through but I think it is very hard to get a mass sale so the bitcoin can go to such value. If bitcoin can be worth 6k USD I would definitely use 80% of my assets to buy bitcoin.

[trobin]

BTC could go down to $5,000. What do you think?

BTC could go down to any range of figures within possibility. In all likelihood it won't go that low. If you follow the market lately you can see that bitcoin keeps pulling away from 10k but then there's another news story breaks that causes FUD to spread again. Once we get a 2 week period or so without bad news we can move to 15k or so again.

[1 currency now]

BTC could go down to $5,000. What do you think?

If it does go to $5,000 then there would be a lot of coins that people can purchase for a cheap price. There should be more holders then.

[tiggytomb]

It could go down even further, it is a guessing game but if you bought when it was at it's peak it must be a killer having to sell at this kind of loss.

[Bunsomjelican]

BTC could go down to $5,000. What do you think?

Since Bitcoin is volatile, everything is possible to be happen. But as I can see it now though the price value of it compare to last December it is really down, but it is only played in the price in between 11k$ to 12k$, which is not bad but good to buy in then hold.

[ciappa]

If you to compare the value based on market cap of bitcoin with them of ethereum, you can see that ethereum had a massive value increase in last months... IMO 2018 would be the year of ethereum, and it is possible that it would detach bitcoin from the top.

[Nebell]

Not a chance.
There's too much resistance.
Look at what happened a couple of weeks ago. Down to $9000 then up to $13000. That's a lot of money to gain and people are not stupid to pass up that opportunity.

Stop making shit threads. If you have a question about Bitcoin go to Bitcoin forum.

[batturkey]

BTC could go down to $5,000. What do you think?

This is not going to happen,
 2 Days ago in Japan some Hackers stole 500M NEM and what happened only 400$ drop.
For 5K drop we need something big really big.
I dont think its going to happen in near future.

[onurgozupek]

BTC could go down to $1000 if any of the top 5 exchanges hacked and funds stolen... Otherwise don't need to create fear scenarios... I guess the new dip for Bitcoin is $9000 and won't go below...

[viva95]

Yes, it could go down to $5,000 but at the same time it could grow to $20,000. There are a lot of things that affect it and we just should stay be ready to do something

[lolchina]

Not going to happen i even have my doubts if we will see it under 8k$,there is just to much money invested in mining and crypto collapse will take down with it big companies like nvidia and amd.Also last 6 months a lot of fresh money went in to crypto and it will keep coming in as long there is no some huge problem with it

[Clark05]

It is possible to happen that the price of the bitcoin down at $5000. Because the price decreased at 10,000 dollars but I hope the price will become stable and increase again in the month of february.  We don't know what actually happen to bitcoin,  but I hope the future is all of us will benefits.

What ever happens to bitcoin I will support it until the end.  I will buy more bitcoin and keep holding my bitcoin because I believe it will recover again.

[Dydot]

Really anything can happen in the crypto world. It is even hard to determine the deep this days because where you think is the deep may be broken and even go deeper. It is really a game of guess like someone said above.