'Bitcoin will run up to $5,000 by May'

[peter0425]

The path that Bitcoin has now is good, due to a possible lateralization, at the moment in which a settlement zone is made, the price may continue to increase, according to OP.

It is very possible that it could reach $ 5k, since, from the point of view of Wyckoff's theory, the price may rise little by little, to test the offer at higher levels and correct it when it finds a lot of supply (This to take gains) and the Law of Effort-Result is fulfilled, where all movement must have its compensation.

We are very close to May, which is exciting, maybe the new important movement is a small bull for Bitcoin to position itself and investor confidence grows even more, and since we are in a stage of accumulation, we can accumulate quickly so that bitcoin can achieve its bullish tendency faster.

I agree, $5k this may is somehow reachable and realistic comparing to those prediction made by a certain individual of bitcoin reaching more than $20k this third quarter of the year.  BTC price today is nearing $4k mark, and somehow had been over that price for some time.  If FOMO kicks in, this 5k USD prediction is easy unless there is some turn of events that will FUD the market.

Right, the thing though with those so called experts, saying this and that X price is achievable is that they have a motive behind. Just look at Tom Lee's prediction last year, he still thinks that we are going to see a massive bull run but as early as first quarter alone, all signs point to a building bearish trend. But if you look closely, he leads Fundstat, so obviously he needs to tell something good in order to get more clients.

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[Oasisman]

Ok, so by the look of how market behaves today, it is very possible to reach that target mark on May. In fact I have see a lot of speculations regarding this one, and I dont want to believe not until the price settles to $4k.

[Lpim01]

Ok, so by the look of how market behaves today, it is very possible to reach that target mark on May. In fact I have see a lot of speculations regarding this one, and I dont want to believe not until the price settles to $4k.

I know its hard to think for it due current market condition and of think that we evenly not getting surpasses with the $4k barriers. Though it have that badly scenario still we look positive for $5k next month. Anyway, there is nothing to happen with us if the market never work on it and give of what the people are asking for. 

[perla]

Ok, so by the look of how market behaves today, it is very possible to reach that target mark on May. In fact I have see a lot of speculations regarding this one, and I dont want to believe not until the price settles to $4k.

I know its hard to think for it due current market condition and of think that we evenly not getting surpasses with the $4k barriers. Though it have that badly scenario still we look positive for $5k next month. Anyway, there is nothing to happen with us if the market never work on it and give of what the people are asking for. 

$5k USD i think still can be realized, since we can see bitcoin price really stable and tends to rise. That is why maybe a lot of people agree if price of bitcoin can be good for future, because we not see something that can make it down for now.

[Baofeng]

Ok, so by the look of how market behaves today, it is very possible to reach that target mark on May. In fact I have see a lot of speculations regarding this one, and I dont want to believe not until the price settles to $4k.

It's behaving as it used to be. Stabilizing at certain price, (before it was $6k-$6.5) and then will break it either direction (last time though it was beyond our control as there is a hash war between BCH and BCH SV). But I do hope that if we ever make a break at this price it would be on the positive side so most likely $5k is can be reached by May.

[bitcoin31]

Only 1 week and the end of the month of March and we are in the month of April and for sure in that montj the value will rise very high.
$5000 is really happen again maybe we can wait more weeks and 1 month and weeks timeframe or in the month of May bitcoin achieve $5000 is really possible.

[zee11225]

Ok, so by the look of how market behaves today, it is very possible to reach that target mark on May. In fact I have see a lot of speculations regarding this one, and I dont want to believe not until the price settles to $4k.

I am very optimistic that the price of bitcoin in May will reach USD 5,000 because today in my country the price of bitcoin has reached USD 4,006 and the trend is increasing.
Indeed, it is not an easy matter to keep this trend from changing, especially as traders are not pessimistic and assume this increase is false, but always optimistic and this increase is stable so that May can reach USD 5,000.

[romero121]

Only 1 week and the end of the month of March and we are in the month of April and for sure in that montj the value will rise very high.
$5000 is really happen again maybe we can wait more weeks and 1 month and weeks timeframe or in the month of May bitcoin achieve $5000 is really possible.

We've got increased chance to reach $5000 by the end of May or by the beginning. $4000 is reached after a long time period of resistance gain. Now it's time to break several other price barriers which are infront before reaching $5000. The growth that happened taking the price from $3200-$4000 need to take place to support bitcoin reach $5000 by may.

[d1ceplayer]

Ok, so by the look of how market behaves today, it is very possible to reach that target mark on May. In fact I have see a lot of speculations regarding this one, and I dont want to believe not until the price settles to $4k.

I am very optimistic that the price of bitcoin in May will reach USD 5,000 because today in my country the price of bitcoin has reached USD 4,006 and the trend is increasing.
Indeed, it is not an easy matter to keep this trend from changing, especially as traders are not pessimistic and assume this increase is false, but always optimistic and this increase is stable so that May can reach USD 5,000.

The $5000 mark will actually be an easy target for bitcoin to reach before then and might even go far higher than that after May with so many projects coming on board to facilitate the adoption of cryptocurrency. Moreover, one of the greatest projects I feel will also boost the price of bitcoin beyond imagination is the Lighting network and to keep this trend to remain that way and price keep appreciating.

I hope we don’t have lots of investors that will dump their coin when it gets t $5000 dollars because of agitation going on within the system, we need to keep holding on to our coins even when it gets to $6000 to be able to achieve a higher set price.

[Pattart]

Ok, so by the look of how market behaves today, it is very possible to reach that target mark on May. In fact I have see a lot of speculations regarding this one, and I dont want to believe not until the price settles to $4k.

Before there is good news to come, I don't think the price can reach $ 5,000 in May. the price will continue to rotate at the price of $4000 if there is no positive news coming. I really hope that there will be mass adoption so that demand rises. Next month is still in the same condition if there are no special things come

[Labumi]

Ok, so by the look of how market behaves today, it is very possible to reach that target mark on May. In fact I have see a lot of speculations regarding this one, and I dont want to believe not until the price settles to $4k.

Before there is good news to come, I don't think the price can reach $ 5,000 in May. the price will continue to rotate at the price of $4000 if there is no positive news coming. I really hope that there will be mass adoption so that demand rises. Next month is still in the same condition if there are no special things come

well, it should be a good moment to buy bitcoin and some other coins because the price of bitcoin in the exchange is currently falling and is the right time to prepare supplies, buy when prices fall like this.

[DarkIT]

well, it should be a good moment to buy bitcoin and some other coins because the price of bitcoin in the exchange is currently falling and is the right time to prepare supplies, buy when prices fall like this.

however, this is still speculation. we must really think about this. although the odds are large, there will still be risks for those who buy for now. well, I believe that the price of bitcoin will be high at that time, because of that, I always think of ways to collect assets with minimal risk.

[South Park]

This are the kind of topics I love to see even if it might not happen. I see a lot of negative topics created by people about the price of bitcoin and I begin to wonder if this guys are also holders of this crypto or just bunch of FUD news creators or want to create fears in investors heart so that they don't invest in bitcoin anymore. This is the same prediction I made and I think we going to actually see it come to pass.

Half of those people creating  negative news about bitcoin and wishing the price crashes are actually doing so too for personal interest, many of them wishes to hold more that 2 or 3 BTC before the next bull run and since bitcoin is already expensive for them to buy one, they wish they can crash the price of bitcoin so it can give them the chance of making their dreams come through and some of these people actually work for government too that are against the use of cryptocurrency.

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That is definitely going to happen but how low do they want the price to go? The price is still below 4000 dollars which means that you are only paying one fifth of the highest price bitcoin ever reached, the price cannot get that much better, so the people trying that strategy should stop their efforts to keep crashing the price and instead should concentrate themselves on accumulating as many coins as it is possible for them because even if it took bitcoin a few years to reach that price again they will still get four times their investment during that time.

[CryptoCounselor]

This are the kind of topics I love to see even if it might not happen. I see a lot of negative topics created by people about the price of bitcoin and I begin to wonder if this guys are also holders of this crypto or just bunch of FUD news creators or want to create fears in investors heart so that they don't invest in bitcoin anymore. This is the same prediction I made and I think we going to actually see it come to pass.

Half of those people creating  negative news about bitcoin and wishing the price crashes are actually doing so too for personal interest, many of them wishes to hold more that 2 or 3 BTC before the next bull run and since bitcoin is already expensive for them to buy one, they wish they can crash the price of bitcoin so it can give them the chance of making their dreams come through and some of these people actually work for government too that are against the use of cryptocurrency.

snip

That is definitely happen but how low do they want the price to go? The price is still below 4000 dollars which means that you are only paying one fifth of the highest price bitcoin ever reached, the price cannot get that much better, so the people trying that strategy should stop their efforts to keep crashing the price and instead should concentrate themselves on accumulating as many coins as it is possible for them because even if it took bitcoin a few years to reach that price again they will still get four times their investment during that time.

It's hard to act on accumulating since the market is pretty much unsure and maybe the best thing we can do by now is to research and study the market so that we can earn without being trap on the highest price reach by the bitcoin these days.

[gudjhonson]

We will see a better market movement and bitcoin is able to reach the level of $ 5000 in May, the expectation is indeed good even in the short term. Movements and increases do look slow but are definitely more positive things that can make the market green and grow well.

[Oasisman]

Ok, so by the look of how market behaves today, it is very possible to reach that target mark on May. In fact I have see a lot of speculations regarding this one, and I dont want to believe not until the price settles to $4k.

It's behaving as it used to be. Stabilizing at certain price, (before it was $6k-$6.5) and then will break it either direction (last time though it was beyond our control as there is a hash war between BCH and BCH SV). But I do hope that if we ever make a break at this price it would be on the positive side so most likely $5k is can be reached by May.

That's what I was talking about, stabilizing in a certain price, and then slowly break through either both ways ,but as what the market was showing us, it indicates more on an upper direction and everytime it falls it'll recover right back up in not more than 48hrs. So, I am still optimistic for a positive change, it doesnt matter if it doesn't hit the $5k figure as long as its gaining momentum to start a bull run.

[ASHLIUSZ]

We're at the end days of March. One more month to touch the may month. Right now the market is much stabilized and now it has got the potential to grow further. Possibly I expect the price will surely reach $5000 by the starting days of the May month or by the end of the month. Sudden price pumping has happened today even after the fall yesterday which shows it'll bounce back.

[Oasisman]

Ok, so by the look of how market behaves today, it is very possible to reach that target mark on May. In fact I have see a lot of speculations regarding this one, and I dont want to believe not until the price settles to $4k.

I am very optimistic that the price of bitcoin in May will reach USD 5,000 because today in my country the price of bitcoin has reached USD 4,006 and the trend is increasing.
Indeed, it is not an easy matter to keep this trend from changing, especially as traders are not pessimistic and assume this increase is false, but always optimistic and this increase is stable so that May can reach USD 5,000.

I hope we don’t have lots of investors that will dump their coin when it gets t $5000 dollars because of agitation going on within the system, we need to keep holding on to our coins even when it gets to $6000 to be able to achieve a higher set price.

That might be an impossible thing not to happen, we all know that there were a lot of people who take advantage of a few progress of the price, specially that we are in a bearish market. Not unless, if the market shows us a huge run, some might hesitate to sell at a higher price.

[beami]

Most people will take advantage even though there is an increase that is not too high, and this makes many people continue to have the opportunity to take it well. Bitcoin will continue to move and to reach $ 5000 there must be support from various parties and good news that can make improvements.

[Idrisu]

Ok, it's time to listen from another experts here. 

A crypto trader and analyst, going by the Twitter handle @filbfilb, produced another chart which claims that Bitcoin will experience a bullish run up to $5,000 by the month of May.

https://www.chepicap.com/en/news/8016/-bitcoin-will-run-up-to-5-000-by-may-.html

I don't know maybe he is a user in this community. $5k though is within reach short term as compare to those so called experts claiming that bitcoin will go higher than 5 digits this year.

I believe that bitcoin is going to move another bullish trend very soon because of you look at the current price movement you will find out that bitcoin is more of upward trend then bearish trend.  If you want to makes some profits from now to may then now should be the best time to invest.