Is bitcoin going to hit 5000 USD ?

[vlad230]

As far as I know there is a strong support at 8K and it won't go lower than this.

It's interesting how everything has changed now. A month back everybody was asking how high will it go and everybody was excited, today everybody is demoralized

[Kilomans]

U can look every year on this time bitcoin going down for a bit so i think it's gonna be all right. Just nned to wait few more weeks and then it will grow up again . Or Not

[samster]

If bitcoin come below 8000$ there will be a panic sell then BTC gonna hit 5000$ 6000$ price rage it possible.but don't worry then just like every time BTC gonna hit next all-time high.

[AllToMoon]

If bitcoin come below 8000$ there will be a panic sell then BTC gonna hit 5000$ 6000$ price rage it possible.but don't worry then just like every time BTC gonna hit next all-time high.

Why are you thinking that at 8000$ will be panic sale? Told that at 12k will be PS, after at 10k, then 8k$. Panic sale is for weak hands only. A lot of us will HOLD and not look at price at all. Even if will be 5k$ I will hold. It nonsense to sell, better is to buy more

[APICEMTECH]

In my opinion since so many people are waiting for the bitcoin dip to 5k, either it should pump from its existing price of about 8k or it will go all the way to 2k or even under. Whales do not like to take a fueled rocket ship with a lot of people to moon.

[Yurkov]

I'm afraid this gap it will last a few more weeks so the bottom will be at aproximative 5000 usd ... what do you think will it reach or 8000 is already the bottom line??

Yes, it can happen. Recently, exceeding the level of 10k $ also seemed impossible. With such large fluctuations in prices which has bitcoin, it is very likely. If the sale continues, it can happen quite quickly.

[dasha_buka]

Now returned to growth , but I think this is a temporary picture and we could go even lower . And then after that we will take new heights in the market . And I think capitalization will reach $ 1 trillion

[kanmo]

I don't think bitcoin will fall than what we have right now but if it happens then buy more because there will surely be another pump soon.

[Davehad]

Looks like it's possibly coming back up from the bottom now...

[99th]

It could be rising temporarily getting ready for a massive dip again bc as the price rises a little people see opportunity to sell. This could be a vicious cycle that doesn't end well for at least a few more days. I certainly hope it ends sooner than later.

[Holla123]

8000 was already a 60% setback for BTC. ETH kept up well yesterday before it crashed too. I think there is too much many on the fence for BTC going further down. The new players in the market are not shy to go back to fiat from ETH/BTC so the volatility will be a lot higher in both directions this year than in 2017.

[papasmurph]

It will hardly fall to $ 5,000, but in the world of the cryptocurrencies, everything is possible.
I personally not worry as much, as it falls then will follow up a jump.

[Chaser35]

We can not say anything definite, because BTC has the potential to move up and down.

[rgarciavega]

I think the floor was 8000. The volume is a great indicator. The volume of purchase when it touched the 8000 was greater than the peaks reached in the low. Something similar happened when it reached 3000 making floor.

[sms301]

It might hit 6000 USD. One of my prediction was it'll not go bellow 7000 but looking at the market, it might hit that spot. Too volatile now.

[gamer_2088]

I'm afraid this gap it will last a few more weeks so the bottom will be at aproximative 5000 usd ... what do you think will it reach or 8000 is already the bottom line??

Up to 5000 is unlikely to reach. It has already started to buy for 8000 thousand. Guess now would be a sideways movement, and then rise again. This year bitcoin will go to the moon. Good luck in the trade.

[AlNu]

we will see it below, if you look at the stock exchanges, there was a strong purchase in the area of 8000, and before that they were bought decently. Bitcoin is very much kept in a long time, they do not pay attention to these fluctuations, thanks to them we do not fall low...

[XCANA]

Despite the fact that Bitcoin market value is currently on the decline direction i still don't believe it will decline further to like $5000 before it will take an upward direction. I see this current decline as an opportunities for who ever want to invest Bitcoin and other crypto currency to buy low and sell high later.

[meldrio1]

well I hope not gonna happen hit into $5000 the price of bitcoin if that happens, all altcoins will going down deeply but for now bitcoin is trying to recovering up, hope altcoins that I hold as well.

[HardinDevon]

I do not think so many people will sell their Bitcoin. Currently they have closed many doors to Bitcoin but when they least expect it will return with more force. Remember what happened when nobody expected it from 200 to 2000 in 1 month. This is Bitcoin and you will find a way to go much further. I do not think Ethereum will get over Bitcoin.