4900 by late August

[cryptoworld9x]

Oh my god, i really hope your prediction is not right. Don't reduce more, i earn some BTC when they have high value and don't hope their value decreasing.

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[bedulook]

This prediction is not something that will hold water since your predictions in June was just a fake out and never sustained. Bitcoins is starting it upward journey soon, and by the time the august come, it will be trading around 7000 to 8000 usd.

[ethereumhunter]

My 5900 late June prediction was spot on since we hit 5766 as well. Now my new prediction is 4900 by late August.
I am perfectly aware that we may hit lower than 4900 by late August and even much faster as well, however I am just optimistic and I give you a moderate prediction.
If we hit 3900 that would be big trouble for everyone since then we can prepare for a multi year, prolonged bear market.
What is my proof for this predicition?
First of all the market sentiment.
Market is waiting for this sort of price. Also the volume is just weak at 6117.
It is no point to buy or sell at this price level.
Call me noob, however I am 99.99% sure about my prediction. Simply we didn't hit our true bottom. There isn't any bull reversal yet. Once we hit our true bottom there will be a strong bull reversal plus fomo and a huge bull run.
Enjoy your moves and good luck.
Regards
Daniel Simon

I think if your prediction that bitcoin price will get down at $4900 by late August, this will make people sell their bitcoin right now and they will wait for August to buy back bitcoin again. but I am not sure that the price hit $3900 and this will be a big crash that will happen in this year. I don't want to see this is happening and I hope that the price can increase higher although it's slowly.

[Lancusters]

I do not understand the value of such forecasts. We all know that no one can make a realistic prediction. I do not see the reasons for the sale of bitcoins now. We see huge resistance at $ 6,000 and I'm sure that's the bottom. What a clever man to sell bitcoins at the bottom due to forecasts of novices? Lol.

[vintages]

The reason for this your awkward bitcoin price prediction is not strong and we can't use it to make a standard prediction. And besides,  the price you predicted is ridiculously low and I personally don't believe that it will go below $5k not to talk of below $4k though, just like we all know cryptocurrency prices are unpredictable. We should all hope for the best.

[tikanurqaidah]

Bitcoin prospects are a promising long-term prospect. several factors will cause Bitcoin to rise to over $ 6,000. One of them is the increase in public adoption in the use of Bitcoin as a store of wealth and financial investment by 50%. in the future the Central Bank may also acquire Bitcoin if Bitcoin Capitalization has reached $ 500 billion.

[eann014]

My 5900 late June prediction was spot on since we hit 5766 as well. Now my new prediction is 4900 by late August.
I am perfectly aware that we may hit lower than 4900 by late August and even much faster as well, however I am just optimistic and I give you a moderate prediction.
If we hit 3900 that would be big trouble for everyone since then we can prepare for a multi year, prolonged bear market.
What is my proof for this predicition?
First of all the market sentiment.
Market is waiting for this sort of price. Also the volume is just weak at 6117.
It is no point to buy or sell at this price level.
Call me noob, however I am 99.99% sure about my prediction. Simply we didn't hit our true bottom. There isn't any bull reversal yet. Once we hit our true bottom there will be a strong bull reversal plus fomo and a huge bull run.
Enjoy your moves and good luck.
Regards
Daniel Simon

You are free to predict whatever you want to, it is our freedom because there is still no exact what will happen. It can be possible and it can be not. It depends on us if we want to believe that prediction or not and just hold all our bitcoins until we meet our target. I am still hoping, bitcoin will recover soon. Many investors will get interested again with it.

[newwest]

Oh my god, i really hope your prediction is not right. Don't reduce more, i earn some BTC when they have high value and don't hope their value decreasing.

Do not worry people like them will keep trying the lower value and for people who invest and keep investing will make it the other side of the ground. And just to that who knows the price of btc may even be in 5 digits in August rather than 4900$ prediction.

[TravelMug]

Oh my god, i really hope your prediction is not right. Don't reduce more, i earn some BTC when they have high value and don't hope their value decreasing.

But you have to look at the other way mate, its the perfect time to accumulate more bitcoin at that price because its so cheap so that your wallet will grow overtime. As for the your current bitcoin, just continue to hold on it and don't do something stupid like selling it off today. Just remember that you are not losing money if you will just hold on your bitcoin.

I do not understand the value of such forecasts. We all know that no one can make a realistic prediction. I do not see the reasons for the sale of bitcoins now. We see huge resistance at $ 6,000 and I'm sure that's the bottom. What a clever man to sell bitcoins at the bottom due to forecasts of novices? Lol.

Maybe you are right but we have under estimate the market since the beginning of the year that most investors decided to exit and get out of the market the sooner they find that this is not a quick rich scheme. I'm not saying that the OP is 100% correct, but its better to have a plan B or look at the bright side when the price hits at this levels.

[shursight]

I dont think so, the price is stable now and it has rebounced during the last few days, and it is now going up in a slowly way, maybe it will be more than $6,5k in a few days from now