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Author Topic: Can Bitcoin price go down near $5000...?  (Read 704 times)
bparkash09 (OP)
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March 26, 2018, 04:47:52 AM
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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.
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hdtqisg
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March 26, 2018, 05:41:10 AM
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That can always be! Since the BTC has risen to $ 1400 and down to $ 220 in 2014, so if the current $ 5000 is not a problem! The biggest problem is that the value of large changes, affect the storage, not much affect Trader!
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March 26, 2018, 05:47:57 AM
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Nothing is impossible to happen not even in currency market. Bitcoin is now in $8450 , difference of $3000 to get back to $5,000. The range of difference is not much with its volatility movement but I'm not setting my mind on such dip to $5,000.
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March 26, 2018, 05:49:07 AM
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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.

Nothing is impossible, but I do not think that it will touch $5000 mark ever. Also, if it goes to that level, I will not invest anything as it might collapse thereafter.
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March 26, 2018, 05:52:08 AM
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That can always be! Since the BTC has risen to $ 1400 and down to $ 220 in 2014, so if the current $ 5000 is not a problem! The biggest problem is that the value of large changes, affect the storage, not much affect Trader!
I agree with you, is not a problem we should worry about and if btc drops to $5000, then it's a chance to buy back a lot.
Amalker
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March 26, 2018, 05:55:24 AM
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BTC for $5k will be great, but, I guess, this will not happen, it's a very low price we need a really bad news to drop BTC for this rate.
Maren
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March 26, 2018, 05:57:29 AM
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It can easily be 3k too, people forget it was 1k last year.

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March 26, 2018, 06:02:56 AM
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Nothing is impossible. But i think this is beginning time of cryptocurrency, bitcoin is the beginner so people will not let the price of bitcoin fall deep.
daxkie
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March 26, 2018, 06:13:25 AM
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I don't think so bitcoin will drop at that price but only things that I knows bitcoin is a stable and trusted coin in this world of cryptocurrency. but if bitcoin touch to that price I think bitcoin can recover easily because bitcoin is a trusted coin and a king of crypto.
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March 26, 2018, 06:15:32 AM
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never try to time the market ! Think what happen if the price never go there ? Would you risk not putting in the $$$ ?
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March 26, 2018, 06:18:17 AM
 #11

It can easily be 3k too, people forget it was 1k last year.

Anything can happen but only smart investors and users will be able to play accordingly and get benefit from pump and dump , moreover it's those newbies who speculate any thing and everything  like if there is a dump that's it they speculate it as end of bitcoin and if there is a pump they speculate it to be on $40k by the end of that month.

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March 26, 2018, 06:19:54 AM
 #12

If bitcoin price will not hold over 8000$ its possible. But it may be a flash crash or for a really short term.
Price will recover over 6000$ very fast. I have pending buy orders around 6k and 5k waiting for a flash crash

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March 26, 2018, 06:26:12 AM
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Nothing is impossible. But i think this is beginning time of cryptocurrency, bitcoin is the beginner so people will not let the price of bitcoin fall deep.

I think that the probability of bitcoin to dive at $5K USD is definitely feasible however, this may not dip to that level since the lowest it had down last time it was down is approximately  $7.8K  but later pump back to $8.6K USD. In my assumption, bitcoin price movement usually ply at $8.4K  and increase to $9.0K. If in case this will really dive down to $5K in price value, definitely this will  trigger to some investors to feel panicked and might sell it a lower price which is not a good thing to do. If that would happen, you should buy more btc's and hold in a longer period for this will surely gain good profit.
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March 26, 2018, 06:26:25 AM
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With the state of flux the market is in, anything is possible, but what might deem as a boon to you will become a huge blow to many. Right now, crypto has made a mission statement in the world, and everyone has perforce got up to take notice. This itself has triggered a whirlpool of uncertainty not of rejection, but a viable future shape and form.
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March 26, 2018, 06:27:17 AM
 #15

Yes, of course this could happen! But even with a price of 5000$, people who bought it 1 year ago would still be in profit, so i don't see a problem with this.
Anyway, the price would recover very fast because Bitcoin is a lot more popular than it was in the past.

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March 26, 2018, 06:29:45 AM
 #16

No one can not, the rising bitcoin price depends on the investors. If many investors buy Bitcoin maybe the price will rise again.
melted349
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March 26, 2018, 06:32:22 AM
 #17

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.
if the price goes into that level you should buy at that moment. there is no more opportunity that you can buy it cheaper other than that . The price will come back soon surely so much better if you own that time and hold it until next year.
maulana rifai
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March 26, 2018, 06:36:47 AM
 #18

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.
if you really have the capital and want to invest in bitcoin immediately do. 3 months of this bitcoin price decreased this is a buying opportunity. do not you fix the price then invest?. do not be sorry if in the future bitcoin will be high in price.
Thyaga
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March 26, 2018, 06:38:07 AM
 #19

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.
many experts predict bitcoin prices by 2020 to reach more than 10k usd, so it is unlikely that bitcoin prices could drop to 5k usd.
rumexx
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March 26, 2018, 06:40:21 AM
 #20

Keep waiting this is speculative market any price can be possible either up or down. Bitcoin is  around $8500 as at of now, so to me it is a good entry point. Every investor has his own plan and target stick to your own and wait for your desired price.
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