Is bitcoin going to hit 5000 USD ?

[Veterock]

if bitcoin gonna hit 5000 usd, it will be collapse for cryptoworld at all.

[The Young Turk]

It's a possibility but I don't really know about short term. 7800 might be the good resistance point. We are over 9k now, we need to see next weekdays before judging. Because usually in weekends Bitcoin and altcoins rise together.

[WNbahr]

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??

I think to any number of downs you do not have to worry, just take it easy first do not rush you sell it, this is your chance to buy with a cheap price, later you will get a profit after the market price recovered.

[titusha]

I think bitcoin can still fall! But this is necessary to further growth. But all have a great opportunity to earn on this fall and buy coins at a bargain price

[brainitterem]

dont think bitcoin will reach close to 5k, because there is billions of dollars in ~7k so its hard to beat that step, hope we will see upstreak in march.

[bitor]

most likely, it will not fall below 7000 dollars, so do not panic and do not sell it, and I know for sure that it will grow quite early in spring

[Kinoman]

This is a very pessimistic forecast. My nerves just can not stand it.  I was hoping that after yesterday's dive the market turned around and went up.

[MrDarkElf]

No. We will never seen 5000 $ per bitcoin again. I think that price will be fall little bit more may be to 7000 $, but I see that interest to crypto stil growing - it is mean that we will see buyers on the market very soon

[Striker17]

If bitcoin will go hit 5000 USD, its the best time for us, a big opportunity for us to buy and invest more on bitcoin. And then we must wait until its price will go up and rise again.

[roket1788]

I don’t think so bitcoin will fall to 5k, current support at about 8k and the next support will be about 6k. If really fall to 5k then will be the big crash. Not too worries , base on pass records Bitcoin need to have healthy corrections, then will recovery very soon. I think this time round bitcoin are doing big healthy correction.

[Djabba]

Currently BTC has reached 9k, but i believe it will drop more. Possibly will go as far as 7k, but 5k is not very possible. I feel like the best is to wait for BTC to reach 7k and start buying because there will be no other chance in this year. Since i bought some for 8k yesterday i will not be upset if i am wrong

[hunterx2525th]

very hard to go below 7000 dollars.

[secondgarlic]

In my opinion, it depends on the price level we will have towards the Chinese New Year. After the Chinese New Year, I think investments will start to pick back up and we will start to see more stability in the market. Afterwards, hopefully, the price will slowly start to increase once again.

[svobodnyi]

It's possible. But very unlikely! Bitcoin has a strong support level of 7-8k, it's difficult to break through this level.

[BACARAN]

everything is always possible in the crypto market

[scarica]

Will be hard to see bitcoin at 5k again for me.

[kristii]

Will be hard to see bitcoin at 5k again for me.

I want to believe that we have passed the most difficult times,
and the fact that we see this is really the figure of the "double bottom". And further we will rise above 10k$.

[sean.maley]

I do not think it's possible because bitcoin is very strong, I'm sure today is the last day bitcoin down and tomorrow bitcoin prices have started to increase again.

Yes, especially today's graph shows clearly that bitcoin will not break 8k towards lower levels again. This last drop is called correction in technical analysis in case you don't know it already. And that is the very natural behavior of markets.

[Mariahuhu]

There is a possibility to reach that area at $5k to complete the correction for the market to be healthy. After that we will see BTC all the way up. The problem is there are a lot of panic sellers out there.

[Emperor of Man]

I've seen a lot of predictions and some of the more unrealistic ones even predicted 2xxx levels for bitcoin. But looks like the market is recovering and the bottom price was in 7xxx levels this time.

Remember, the market needs these bloody periods and no investment can ever be an always pumpy asset (except an obvious scam).