Can Bitcoin price go down near $5000...?

[peter0425]

We see the continue downfall in Bitcoin price from last 3 months is there any possibility that Bitcoin price touch $5000 if this will happen I will invest for number of Bitcoin.

There are two bottom price so far that I have seen that is a perfect opportunity to enter, if I'm not mistaken:

a. $5500
b. $7500

So its really possible to see bitcoin hit $5K. My question is, it bottom at $5500, did you purchase or just keep waiting for it to get at $5K?

I think the bottom price that I listed above is a good time to enter the market because its already a discount. Yes, its possible to see the price goes to $5K, but it may probably take some time. But if you do the math, if you have bought at those prices above I'm sure that you are seeing some positives on your portfolio because the current trading price is well above $8K.

[1714808851]

1714808851

[1714808851]

1714808851

[1714808851]

1714808851

[1714808851]

1714808851

[1714808851]

1714808851

[1714808851]

1714808851

[BitcoinCazh]

nothing impossible in crypto, and for bitcoin too its can reach $5000, but i think for now bitcoin not will reach thats prices till end year, even will grow again start from mid year

[Andruha1993]

We see the continue downfall in Bitcoin price from last 3 months is there any possibility that Bitcoin price touch $5000 if this will happen I will invest for number of Bitcoin.

It seems to me that bitcoin will not fall to $ 5000, but I understand that the market is very volatile. But I'm still sure that bitcoin will not reach such a mark. On the contrary, it seems that next month it will start to grow.

[Raggie]

We see the continue downfall in Bitcoin price from last 3 months is there any possibility that Bitcoin price touch $5000 if this will happen I will invest for number of Bitcoin.

it still have a possibility that bitcoin reached $5k, but its chance very low.
if bitcoin hit below $6k, that means most peoples sell their bitcoin and don't want to hold it anymore.

[altcoinhunter01]

Nothing is possible but i don't fill that Bitcoin can go at 5000$. The market is in bears control and its not able to go upwards. Bitcoin is a solid currency and it is not a pump and dump coin.

[Tearz]

I think it will be, with each day it become more and more possible, price still go down. Probably it stops at 8000$ I for it. Someone sad that bitcoin will be 3000 $ before it will go up.

[Jizel]

I think that the fall of Bitcoin was a temporary occurrence, and judging by the trend, the price of it began to grow now. Most likely, the price will fall, but it is unlikely to reach the level of $ 5000.

[Cryptokingind]

I agreed with you bitcoin price is continuously going down, but i think It have a strong resistance at the level of $6000. if he brake that level then it is possible Bitcoin go down to $5000.

[Narinderkaurklk]

In my view everything is possible in this crypto market but my opinion is  bitcoin will not go to $5000 because it is leader of this market. Bitcoin have  potential to grow and it will going up side at any time. presently It will trade between $7500-$8500 and it will grow definetly. So you can buy bitcoin and hold it for long term it will gives you huge returns in future.

[kingcrypto-the2nd]

yes bitcoin can go down ,well maybe is a major county like u.s.a or japan sanction em(ban).the prize will crash.

[kinki32]

It's hard to imagine this price when cost for mining above 5k today. Global mining companies and asic developers can't let them that price.

[bekohkoning]

nothing is impossible if bitcoin goes down to $ 5k price but if that happens i will not know how bitcoin fates in the future .. can it reach $ 20,000 that is impossible in my opinion because bitcoin price is the biggest confidence for investors

[pigheadbig]

I think it is impossible to be that cheap. Btc is the mother of all the altcoins, if it drops to that price, other altcoins will be less than half of current price, that is a disaster in my opinion.

[GERMO COIN]

I guess that's not going to happen, because it's not as easy as it makes bitcoin down that far.

[DarkTaiga]

I think it can go down near 5000$ (yes, it can go down 4k$). And minimum limit is 4000$. But it hardly happen. The "huge" shark will control the market. And they will keep it stable.

[Borisov]

Most likely this will not be allowed. Since miners will not be profitable to mine bitcoin. To be honest I don't understand why he continues to fall, the news is now positive and it is evident that interest is growing, but the swing continues(

[Manyara]

This is a speculative market and anything is really possible. If you have the money to invest, be prepared to invest at the right time or the opportunity may pass quickly.

[idgaf007]

It will be very low but it is possible if there will be a catalyst to bring it down to 5000. Like a negative news that will bring great impact to further lower the bitcoin price. But without a catalyst I think 7000-8000 would be the lowest buy zone we can achieve at the moment. It is just my personal speculation though.

[Kolona]

It will be very low but it is possible if there will be a catalyst to bring it down to 5000. Like a negative news that will bring great impact to further lower the bitcoin price. But without a catalyst I think 7000-8000 would be the lowest buy zone we can achieve at the moment. It is just my personal speculation though.

In fact, everything is possible, I would not be surprised if tomorrow morning the price of Bitcoin will fall by another 10%. I hope everyone had time to merge it?

[ohlawdy]

Yes it can , i even see 2/3 as a possibility. I think it is to hard for new buyers to justify spending these amounts on something not tangible. More money will flow to altcoins imo.