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

[strickland]

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 is possible that bitcoin can drop to 5000$. Looking at the situation right now and the current issues that bitcoin is facing, the price mau suffer to that price. However, if we stay positive and hope that bitcoin will make it to recovery stage, then it will be good.

The price does look like it's on a downtrend. Maybe people will want to purchase it at $5k then the price will go back up.

[dolcefarniente]

Bitcoin can drop to $ 5000 and even below $3000 because there are no serious reasons and positive events to support its price. Investors have become cautious and do not believe that they can make big profits in a short time.

[MGBloomz]

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 investors are taking a buy order at $6k if the price broke that level then most likely this will go down to what you want. Although nothing is sure what will happen as cryto is unpredictable in nature.

[kevingreen]

Base on current trend there is possibility that Bitcoin price can touch $5000 or even below that price because as we all know things like this are possible in the crypto market .Bitcoin price at this moment is standing at $7000 ,only $2000 to hit that low. But that doesn't rule out the quick recovery when the bullish trend is back. Bitcoin can still hit $30,000 and above.

[Jashhh]

Can even drop to 1.000 then we'll buy everything and earn 20x as much when it rises.

[nguyenkhanhhung14]

Bitcoin's current exchange rate is at $ 7,000, an exchange rate equal to the Q3 of 2017 when I first entered the crypto market. And in my opinion, Bitcoin will not be able to go down $ 5000, the market will gradually recover in the next few days, and the Bitcoin exchange rate will soon return to $ 8000 so that you need should not panic sell to cut loss.

[Walkenman]

Yes of course the price of bitcoin may fall below $ 5000, but I think the price will not fall below $ 3000. But I would not advise, wait for the price of 5000 to buy bitcoin, it's better to do it in a dosed way. 

[nazaididuan1]

The BTC began to rise in February, when it dropped to around $6,000!

I think it might start to go up at $6,500 this time!

The market has been falling for a long time, and many people are buying encrypted money at the lowest price!

[crypto_world]

I think its possible to   go down price of bitcoin to near $5000. But it is a volatile coin and we saw $6000 one month ago already. But then it was grow up to near $10000. So dont panic just hold and wait better price to be active.

[Bilgent]

Come to those levels of unwillingness. it will be bad for us if it falls even further. I expect to rise now.

[jvper]

$5,000 is a highly possible scenario considering the bears are dominating and moving averages are turning down. MA50 is crossing below MA200. Conclusion: you need to be prepared for potential volatility at all times.

[Skroojee]

I think it's quite likely. It is possible that cryptocurrencies will resume the price at the end of last year throughout the current year.

[jackylion]

I do not believe the BTC price will drop to $ 5,000. I think under $ 7,000 whale has been buying BTC on the market and demand will increase, BTC price will increase again. This is a common thing on the Crypto market. So rest assured and wait until May this year. The market will recover.

[Joyeeta]

It has good chance to go under 5k. unless this blood bath stop.

[DarkBullet]

I believe that BTC will not going back to $6k again or even touch $5k since its already a week since it reached $9200. My bet for its lowest price is $7000 to $7200 then we can expect the correction to be ended. The bull run will start next week and I'm pretty sure of that! I just keep holding even if 50% of my porfolio already washed out. Haha! HODL is life!

[BitcoinMarshal]

Currently we can say any thing possible because many bad news coming and some countries bringing stick policies which are not good sign even most of pundits believe this is very hard but still we can expect any thing from this in last few months we have many ups and downs right now we are again in bad position but need to be some positive and this hard time could be not hurting too much as past but this figure is possible any time in future as well

[Pupul1999]

Just a treding, style of strategy and behavior of human sentiment, don't worrying  we will apply your six sence

[susyoke]

The price is too low I think.
If that happens, It's a good time to buy back.
Personally I'm always believe the price will go up again.

[tuliobrothers]

I dont know but i hope it will not go down to that very low level. That price is too low and for those who invest at the very high price,  that is too much. But i am hoping that bitcoin will pump as soon as possible this year.

[ronnis.gomes]

It is impossible to know how much the BTC will fall since the market is still very bad and with a strong downward trend.
The panic continues and there are no good short-term expectations