Will bitcoin fall down to 5K this month?

[Master_Obi1]

i really doubt Bitcoin can fall down to 5 0000$. I think 6 000$ is the lowest limit. However sometimes crypto market doestn correspond any logic and can bting any surprises..

[BitBustah]

Bitcoin will not reach 5k levels again.  The support is too strong near the 6k level. In my opinion $6000 is the lowest it can possibly go in this bear market.  We are reaching a point where miners have razor thin profit margins and they will not sell at a loss.

[bungutko]

In my views, I don't think it will go down below $6k level as this has been predicted before but it just maintained at the $6.2K level within the year. I believe that btc has been recovering fast in the last few days and most likely this will further improve its market price value since the expected huge bull market has not been experienced yet and I think it is near. Let's just wait in the coming weeks to come.

[plr]

Chances are high, what do you think about this folks?

Like all the other's opinion Bitcoin has not fallen to that level before and hoping that it's not going to go down to that level, there are a lot of good news about Bitcoin lately but surprisingly the price is not going up it's the other way around, let's see how it goes before we head to the last quarter of this year.

[doroshok]

Analysts predict a fall below 5. But I think bitcoin is already relatively stable and should not fall below 5. But that's just my opinion. And I think that by the end of the year it should grow dramatically.

[Reid]

That is just way too much.
We have all seen how it fluctuated from 6k then back to 8k for just a couple of days.
Now here we go again.
It is just going back and forth just like before.
I am looking at another increase next week although there is no basis, it is just how it moves.

[nairb131]

Chances are high, what do you think about this folks?

Well, though the price is still not stable as it still fluctuates but I do not think bitcoin will fall to this price before the market will recover fully from the bear market.

[pkhabibullah]

I think Bitcoin never fall down under 5k. Don't panic bro.It's  slow down and touch $6300-6500.Now wait and see what happened. Bitcoin has ability to recover market only few days.

[Happydd]

That's a bad thing! Bitcoin is reduced to only 5k, the investment in bitcoin will be less. The bitcoin I am holding do not know when new sales and words or holes are not known. I hope the bitcoin will quickly rise again.

[Ferris419]

Chances are high, what do you think about this folks?

As far as technical analysis. Bitcoin will go down to 4,800$. The panic of investors after hearing the SEC continues to delay the ETF. It seems they are looking forward to this event and causing the market to become chaotic

[Freddy63]

It is possible, but last time BTC falled to 6 k, eth was like 700$ and no it is just 370, this really bother me, because my income is in ETH. In general nothing serious happened, ETF just postponed decision, so what? crypto have been developing and rising even without ETF adoption

[makishart]

Oh, it has fallen a lot today. I don’t know when it’s going to the bottom. It’s estimated that many people’s confidence has begun to waver. I don't know when I can get out of this market. I look forward to getting out of this market as soon as possible.

Bitcoin gets pump to the 8k rate caused by ETF rumour and then this time those people and traders are selling for the news. I just waiting for another rumour to be appeared and then it could be the best time for bitcoin to get another pump again. This is the same with the last year chart when winklevoss ETF gets rejected.

[Xexen4]

ETF rumours are just for speculations. it was rejected last year and will be reject again in this year but whales use this new and they make panic on market. and i guess that movements not only caused by whales. i think exhanges support that movement with their budget or support with codes on the price chart.

[Coroline]

that is bitcoin prices are not fixed so you don't need to be confused when people say bitcoin will go down to 5,000 $, there is an increase and there is a decrease. maybe a lot of bad news lately has made bitcoin prices go down, but it has become a normal thing

[artemdubina88]

We are witnessing an aggressive fall of our flagship ! Possible drops I think but the reversal is very close.

[Akorharrison]

here is the current price of bitcoin $6,502.21 so there is every tendency that It may fail down to 5k but some news will never happen.

[LegendzX]

Well I am hoping that this will happen since the aroma of dip becoming more wild. If that will happen I can buy cheaper to very coin that I have on my list. This is the time that I am waiting for to fill in my bag and I believe this is what the others want to while the others are struggling of holding.

[1cak]

I think that is likely to happen, and we must be prepared to see the reality that bitcoin will be under $ 6,000. it could be this month

[xireKT]

I've been seeing people mention that the bull market is very near or that BTC is going to reach ATHs this year etc and yet here we are, slowly dipping once again. At this point, all I know is that we know absolutely nothing about this market. It's very unpredictable and anything is possible at this current stage. Will it fall below 5k? I hope not but if it does, then I'll continue accumulating all the tokens that I firmly believe are good long term investments.

"Without the possibility of risk, there's no reward".

Here's to hoping for a brighter future.

[MrDarkElf]

I think that there is such a possibility. If this does not happen in the near future, then probably never will happen. Because when Bitcoin's growth starts, the BTC will reach completely other price levels.