BTC next stop is 5K$

[mwaqar17]

What you guys think will btc continues it's downward movement towards 5000$ and or it will move up. From start of May it is going down gradually from 9900$ to 5800$. Why it is going so low?? Whether it is the trick of investors or people have lost their interest from BTC??

[UnDerDoG81]

It will stop at 4k and reverse. I guess/hope.

[Lazada]

What you guys think will btc continues it's downward movement towards 5000$ and or it will move up. From start of May it is going down gradually from 9900$ to 5800$. Why it is going so low?? Whether it is the trick of investors or people have lost their interest from BTC??

currently a lot of negative news about bitcoin, one of which is on the issue of exchange and also the regulation of the government also became an important actor in the reduction of bitcoin prices. in fact today bitcoin is under pressure so bitcoin begins to lose the trust of the community. all we have to do is continue to give trust to bitcoin. use bitcoin on a regular basis and it will make public confidence increasing.

[Fuhre]

prices will continue to fall further in the next few weeks, but I think this decline could be a cross your finger in the future, because in my opinion there will be many people who would be interested to buy more if the price drops to $ 4000

[El duderino_]

It will stop at 4k and reverse. I guess/hope.

no problem with a reverse from now 

[UnDerDoG81]

What you guys think will btc continues it's downward movement towards 5000$ and or it will move up. From start of May it is going down gradually from 9900$ to 5800$. Why it is going so low?? Whether it is the trick of investors or people have lost their interest from BTC??

currently a lot of negative news about bitcoin, one of which is on the issue of exchange and also the regulation of the government also became an important actor in the reduction of bitcoin prices. in fact today bitcoin is under pressure so bitcoin begins to lose the trust of the community. all we have to do is continue to give trust to bitcoin. use bitcoin on a regular basis and it will make public confidence increasing.

I think whales/bears use each tiny bit of negative news to dump. No mentally stable person would sell at these low levels.

[1Referee]

This year's bottoms are meaningless apparently, and it doesn't seem to be a false breakout at all.

Right now we are on our way to last year's bottom that hovers around $5500 on average. If even last year's bottoms turn out to be meaningless, then no one will be able to point out what the bottom is. We can only wait and see what will happen. It will be an interesting time though, we don't often get to experience 2-way (down is reverse bull run) bull runs, where I am sure that there are people making insane amounts of money right now.

The are so many secondary markets available that we can utilize nowadays, that every up or down direction is worth money.

[Febo]

What you guys think will btc continues it's downward movement towards 5000$ and or it will move up. From start of May it is going down gradually from 9900$ to 5800$. Why it is going so low?? Whether it is the trick of investors or people have lost their interest from BTC??

I would be perfect if we reach bottom as soon as possible. Whatever it will be.  After we reach bottom will be ofcourse a bit of correction as it is always and then up and down and up and down going sideways for long long time until slow growth will start to reach last ATH. And from that moment on just old good hype.

What is sad is that bottom could be reach only mid next year. But I think that is most pessimistic scenario of them all.

[stelee68]

Hmm really hitted bottom at $5777 and probably will go further..

[tomahawk9]

Whether it is the trick of investors or people have lost their interest from BTC??

The general public have lost interest in BTC a long time ago, that's one of the reason I think the market has failed to recover in the short-term, there's simply no buying pressure...and the current bearish sentiment doesn't help either.

"trick of investors", you mean manipulation? like whales tanking the price? who knows, but these massive dumps don't occur at random.

[glowing10]

It will stop at 4k and reverse. I guess/hope.

We all hope that it start reversing form the current situation itself and move quickly to 8k and then 10k and so on. Its being months where people have not seen much of the success or say the green zone of their portfolio and the time has come to turn the things other way now.

[fabiorem]

Why it is going so low??

I prefer the question: why is it going so slow?

Permabears are against cryptocurrencies. They shill for fiat and precious metals, both controlled by the triarchy of enslavement (State, banks and mega-corporations). Thats why they make predictions of three digits for 30 years.

Since the futures market is the personification of the permabear, this may explain why is it going so slow. We should dive to 2k already and be back to 10k in October.

[batang_bitcoin]

What you guys think will btc continues it's downward movement towards 5000$ and or it will move up.

It hit $5,800 so we are here and this is now the danger zone for some but I'm still confident that we will go up soon.

From start of May it is going down gradually from 9900$ to 5800$.

I wish that we will be back at that time where bitcoin has been near to $10,000 but definitely we'll be there soon.

Why it is going so low??

Too many sell.

Whether it is the trick of investors or people have lost their interest from BTC??

No trick is done, it's a domino effect and a manipulation.

[Lancusters]

It seems to me that no one knows for sure what is happening with bitcoin prices. It seems to me that this is a manipulation but can only be reliably known by the owners of exchanges. They can see from which accounts the orders are coming and their real volumes. I made the decision to go on vacation and not to participate in the auction until the price is restored.

[LFC_Bitcoin]

This is total manipulation what we’re currently witnessing.

[richardsNY]

This is total manipulation what we’re currently witnessing.

It is, but it's okay. We can't do anything other than just letting happen what the market movers want to happen. It won't last endlessly. I can totally see a strong rebound very soon where they will trigger a major fomo eruption. There is literally nothing that's causing the price to go down other than manipulation -- what's happening right now is a classic shake out taking place, so I hope that people just hold through and remain strong. Don't feed whales! Next year we'll look back and laugh about what happened and then yet again point out that the long term is the only thing that matters.

[BrewMaster]

i know that it is a commong saying that you can't predict bitcoin but right now it is more true than ever. there is simply no way of telling when this is going to stop. there is no reason for it to drop, there is no real sales, there is no way of telling the real supports and real sell pressure from the fake ones anymore.  the manipulation is at its peak these days.

[ajqjjj]

What you guys think will btc continues it's downward movement towards 5000$ and or it will move up. From start of May it is going down gradually from 9900$ to 5800$. Why it is going so low?? Whether it is the trick of investors or people have lost their interest from BTC??

This downtrend is continue in next week itself and This will grow fastly in next month so we should hold this dip. But some crypto hunters are buying more Bitcoin in this dump and some investors are still waiting for the huge dump. so we don't think the future expectation because everyone afraid in this situation so end of the year we will expect good  result.

[Denker]

What you guys think will btc continues it's downward movement towards 5000$ and or it will move up. From start of May it is going down gradually from 9900$ to 5800$. Why it is going so low?? Whether it is the trick of investors or people have lost their interest from BTC??

It is possible that some big guys aim for $5000. Will he/they be successful? I don't know.
I just know that I will not short from here.
And why is the price going down that slow? Well what do you think is the best way to make people go crazy and leave the market? Slow bleeding and destroy each of their new hope with every little bounce getting hammered.

[BillyBobZorton]

Everyone that is still in fiat is watching the next guy to see if they push the price a little bit lower so they can get in cheaper. It literally looks like this:



Whoever makes the move first will trigger a FOMO because everyone else will get nervous at missing the boat. Next thing you know and we'll be at $30k+