Some Gurus still think Bitcoin can go 5500 level!

[finblockchain1]

Have we seen the bottom or it is coming?

[PSL]

I guess, it is more likely that the price of bitcoin will aim at the level of $ 20,000 per coin. Although, of course, there will be small price drops, but now the trend has changed to bullish.

[mwaqar17]

Then they are not real Gurus. Bitcoin is doing well specially in this month and leading market as usual. Everyone is aware of the fact that BTC have really good signals now a days and will continue to increase in coming months as well.

[harizen]

Have we seen the bottom or it is coming?

Let them think what they want, let them predict what they want, let them believed on their claims, let's say what they want. What matters here is we have different views on what things should happened and just follow what we think is right. We will not believed on that "right thing" in the first place if we don't have a strong references, based and claims.

It's usual that when there is a price decrease within a large margin, the speculations of bitcoin price will go lower down to the point that we are not expecting it will rise and spreaded.  But with the start of "bullish" trend or what people called it, it erased all claims during the last dip that price will go lower or around $5,--- level.

Let's see what will happened next.

[billbear]

This always amazes me, how here topics can go one after another telling right opposite things, lol! Can reach $64k or $5,5k

[Mrs Troll]

And some other gurus think bitcoin will hit 250k  Who knows? But if BTC was in a downtrend for a long time and now rise and rise with price returns 3 times in a row...dont miss an opportunity and don't listen to gurus -)

[jmlona]

It looks like 6k was the bottom when considering the last 6 months or so. I don't think we will see lower than that in the upcoming months. But there are many unknowns in the future so we can never be certain. The reason I suggest that is because the bottom was tested multiple times and since then there has been a lot more positive both in the community and in terms of publicity. With things like LN getting closer each day and the FUD around regulation etc becoming more transparent each day, I foresee a bright future, though we will see dips like we have done in the last 24 hours and may continue to see in the coming days.

[manggis97]

Price of Bitcoin depend on the news that exist in the market, Bitcoin and others crypto possible going down up to 80% if the news is very bad like in 2013. But now only there are some FUD that just make the price of BTC dropped to $6800, and from this price in my opinion the price become support and  will going up and can be surpass $20,000.

[BlockEye]

Price of Bitcoin depend on the news that exist in the market, Bitcoin and others crypto possible going down up to 80% if the news is very bad like in 2013. But now only there are some FUD that just make the price of BTC dropped to $6800, and from this price in my opinion the price become support and  will going up and can be surpass $20,000.

Speculation will not work much since we dont have limits on news that may come on its way, there are many organizations that still anti this trend that makes news, and there are many indicators that we need to consider on the market price. News were one but the economy and demand needs to consider still.

[yanto@1977]

Have we seen the bottom or it is coming?

Everything could happen but depend what and when is the main question. Even there's same analyze people will give different reason, it's relative bro. I already see the bottom depend my technical analyze using MACD and next month is time to buy back, believe in my skill is what I do right now. I don't trust any signal from others ( web, tele channel, guru, etc ) any more, I want become the subject not the object. Understand bro?

[Webberson]

The value of bitcoin in the market had reached a support level and has taken an upward direction. If it happens that the value does not get passed the 10k range, it may likely go back to the support range or even further.

[omonuyak]

Have we seen the bottom or it is coming?

Nobody or trader can accurately predict what is going to happen and we need to study the historical data in other to be able to predict the directions of the market to some extent. Bitcoin pulling back $5,500 is still possible because this chart pattern has repeated itself several times. However I wish we should not fall to $5,500 again and that Bitcoin remains bullish for the remaining part of the year.

[chris200x9]

Have we seen the bottom or it is coming?

No body can predict market bottom or top. When experts predict some value market will not go those prices exactly because recently we already hit around 6.6K range and from their we started recovering. As an investor I don't want to go back again to that bottom again but if it goes then just buy some more coins.

This always amazes me, how here topics can go one after another telling right opposite things, lol! Can reach $64k or $5,5k

If some experts want to bring down the price then they will predict the lower prices so that their followers can rest of the job to bring markets down but if some experts want higher price then they will say it can reach the sky. That's why don't follow any experts prediction to buy and sell coins. Do your homework before investing your hard-earned money.

[martychubbs]

i am also thinking that bitcoin could go to 5500 level very easy , we need to be prepare for that dumping and fix profit to get inside later .

[Gozie51]

Then they are not real Gurus. Bitcoin is doing well specially in this month and leading market as usual. Everyone is aware of the fact that BTC have really good signals now a days and will continue to increase in coming months as well.

In this market, you expect everything to happen. It is a rise and fall situation. You better don't put all you can't risk to lose and also, take your profit when it is ready.

I have seen many coins that got to $1300 but have dropped to a dollar or lesser. You will be surprised.

[jmlona]

Then they are not real Gurus. Bitcoin is doing well specially in this month and leading market as usual. Everyone is aware of the fact that BTC have really good signals now a days and will continue to increase in coming months as well.

In this market, you expect everything to happen. It is a rise and fall situation. You better don't put all you can't risk to lose and also, take your profit when it is ready.

I have seen many coins that got to $1300 but have dropped to a dollar or lesser. You will be surprised.

$1300 to less than a dollar? Can you name any, I can't think of one coin that has done that. I may be wrong in that but I would be very surprised. So few coins have even ever reached such a high price.

[Dwarf42]

Have we seen the bottom or it is coming?

I also believe the bitcoin price will fall to the $ 5000 mark, you can see that the market in the past few days are recovering very strong, the price of bitcoin and altcoin are constantly increasing. Many investors are thinking that the bitcoin is in the up trend, but in my analysis, the price of bitcoin is uptrend but only in the short term, in long term, the bitcoin price is still bearish. Can pass the milestone $ 20000. So I think you should be very careful when trading bitcoin.

[Slow death]

Have we seen the bottom or it is coming?

You did not show a link where you can show these supposed gurus by making such predictions, besides whoever was the one who named them "guros", you just realize that these supposed gurus are making predictions with few chances to be sure that their analysis is like a hunch that anyone can do. let's be honest, if you had a guru capable of predicting the price accurately, do you think that person would not be some super rich and famous? all people would seek out the services of this guru. The price is already above $ 9000, so we will stop having negative thoughts

I also believe the bitcoin price will fall to the $ 5000 mark

you are pessimistic and even being pessimistic you need to show something convincing that leads you to have this pessimistic thinking

[mast3rm1nd]

there is no way of knowing where the price is going to go, there are some reasons we give to say why we think it might go a certain direction, like the tendency for a market to repeat certain trends and so on. so what are the reasons why the gurus think it'll go to 5,500$ ??

[Scallywag]

And some other ''guru'' will tell you the opposite , so in the end it is still 50/50. like i always say when someone asks a question like this , do your own research and make your own decision that way you can only blame yourself.