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Author Topic: 'Bitcoin will run up to $5,000 by May'  (Read 1675 times)
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March 28, 2019, 09:40:51 AM
 #121

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.
$5k by May looks promising and too close from $4k current price we have. The bulls can't be measured if ever bitcoin reaches $5k. I'm more into thinking that bulls are in here if bitcoin reaches $6k and higher. There will be a lot of retest before reaching $5k, like what we see again and again that bitcoin always retest $4k and goes back to $3.9k a bit. So, before reaching $5k expect that there will be a lot of slumps or corrections that we have been enduring for a long time.

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March 28, 2019, 02:42:20 PM
 #122

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.
many are very confident about that. well, within 2 months, I thought that could happen. maybe in that time, there will be developments that we don't expect. I am thinking of holding back some bitcoin at the moment.

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March 28, 2019, 04:28:37 PM
 #123

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

Quote
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.

Lately the majority of bitcoin price predictions are more focused on the occurrence of small increases as happened in recent days, because most analysts believe that bitcoin still has a reputation and liquidity which makes it more preferred than other coins. The prolonged decline in bitcoin prices, apparently has caused bitcoin to get new requests both from old users nor new users, not only that but they also assume that the potential for bitcoin growth's still very large and will likely stop the downtrend.
On this basis I assume, that $ 5,000 seems to be easy to realize.

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March 28, 2019, 05:09:40 PM
 #124

Luckily the trader didn't wrote which year it will run up to 5000 Cheesy
In the end its always the same... nobody knows what's going to happen. it would be good if its true, if we don't run up to 5k we will do it later Wink
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March 28, 2019, 05:27:51 PM
 #125

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

Quote
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.

Lately the majority of bitcoin price predictions are more focused on the occurrence of small increases as happened in recent days, because most analysts believe that bitcoin still has a reputation and liquidity which makes it more preferred than other coins. The prolonged decline in bitcoin prices, apparently has caused bitcoin to get new requests both from old users nor new users, not only that but they also assume that the potential for bitcoin growth's still very large and will likely stop the downtrend.
On this basis I assume, that $ 5,000 seems to be easy to realize.
I think the main level is $ 6000, it is he who will become a strong resistance when going up
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March 28, 2019, 05:31:43 PM
 #126

$5000 by May seems possible if you mean the end of May. I don’t see why not, it’ll be about a year from the next halving which is usually when things start to move Smiley

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March 28, 2019, 05:51:19 PM
 #127

$5000 by May seems possible if you mean the end of May. I don’t see why not, it’ll be about a year from the next halving which is usually when things start to move Smiley

We can see it can easily rise to that level of if some great news can come before couple of thousand $ is on the cards and can bounce back and reach 6-7k as well. This year it will recover and grow strongly it seems so keep your fingers crossed and look forward for it.

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March 28, 2019, 06:12:17 PM
 #128

$5000 by May seems possible if you mean the end of May. I don’t see why not, it’ll be about a year from the next halving which is usually when things start to move Smiley

We can see it can easily rise to that level of if some great news can come before couple of thousand $ is on the cards and can bounce back and reach 6-7k as well. This year it will recover and grow strongly it seems so keep your fingers crossed and look forward for it.

I'm long-term bull like many people here but I think we will need longer accumulation period after big downtrend we've got and after that accumulation period next interesting upward movement of the price will start.
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March 28, 2019, 08:59:14 PM
 #129

I think that this forecast is quite realistic, maybe in May we will see Bitcoin at a price higher than 5000, now everything goes to the fact that soon Bitcoin will accumulate enough strength to confidently overcome 4000, and then 5000. This all happens soon enough in my opinion.
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March 28, 2019, 10:08:29 PM
 #130

There is nothing that is impossible in the crypto currency market. The sum of $5000 should not be a serious issue since there is still time from now till mayall things been equal. And your prediction may not come to fulfilment since the current cannot be compared with what happened in past.
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March 28, 2019, 11:09:38 PM
 #131

Based on the chart below, last month, the price was siting at around $3,700-$3,800 with people claiming that bitcoin has fell on to a bearish slump. But in fact, the price has been steadily increasing despite the high-volatility of ups and downs. Predicting that the price of bitcoin run up to $5,000 this May is actually a conservative approach but it can happen anytime soon.

My only concern would be Bakkt, as it can significantly boost the price of bitcoins with its implementation of physical contracts which can be traded to banks and stored. As soon as this hits the market, this can either make or break the price depending on its impact to newly acquired investors and such.




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March 29, 2019, 03:38:59 AM
 #132

But at this time bitcoin is able to touch $ 4000 so it is necessary to stay afloat, if indeed there is a new breakthrough that can increase the value of bitcoin, then in the following month it will be able to touch $ 5000. Market movements and demand will be able to provide high value and certainly many people will continue to stand for the good moment.

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March 29, 2019, 04:37:53 AM
 #133

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.
You only need two things to start accumulating coins, one is money and the other is the guts to buy bitcoin and hold it long enough to see profits, in my opinion that is not hard at all, it is true that the market is not growing but if you wait until the recovery is clear for everyone then it is likely that you will buy your coins when it is too late and we are close to the top so you will get almost no profits or even some small losses, remember, the whole point of accumulating coins is to begin to do it when the price is still low.
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March 29, 2019, 06:28:06 AM
 #134

Yes, exactly we are hoping some positive trend in the market and you can absorb from January the prices of the coins are kept increasing where Bitcoin price is stable at the 3500 to 4000$. So there might be a chance to increase the price of BTC by the end of May.

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March 29, 2019, 06:40:41 AM
 #135

I trust that it's going to occur, indeed, I see it right there. No matter $5k however, is within reach short term or remain that position. Even, I think it is inevitable, people just have to catch up with what Bitcoin can do as more people adopting and buying bitcoin will raise the price.
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March 29, 2019, 07:22:25 AM
 #136

I trust that it's going to occur, indeed, I see it right there. No matter $5k however, is within reach short term or remain that position. Even, I think it is inevitable, people just have to catch up with what Bitcoin can do as more people adopting and buying bitcoin will raise the price.
This days everything looks so positive, after a lot of fluctuations, price is finally stable over $4,000, its like that for almost a week. Speculating what will happen in next 2 months with bitcoin price is hard, I read many different predictions, and seems like majority feels very bullish this days, you can notice that on social networks. I think that rise is inevitable, in what I`m not sure is when its going to happen, for 2 moths or maybe a year, thats why I always read prediction about price with a reserve.



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March 29, 2019, 07:55:16 AM
 #137

It is likely that this will happen, I absolutely do not exclude the possibility that $ 5000 it will be a new price for Bitcoin in May.
Possible?  Yes.  Probable?  Eh, I'm inclined to believe the opposite.  The price has been inching toward $5k for a couple of weeks, but I can't tell if it's just regular market fluctuations or if it's really an upward trend.  However, I'm not an active trader, so I'm not exactly looking to make a quick buck on a price increase.  It's more of a curiosity mixed with a hope that my small investment will appreciate just a little.

The more people start to believe we're due for a leg up, the less likely it becomes.
Really?  I'd assume the opposite, but my ignorance is legendary.  And then on the lunatic fringe section of Speculation, we've got people predicting bitcoin is going to hit $50k and beyond by the end of 2019.  I have a thread bookmarked that I'm going to bump at the end of the year, because the OP was so confident about his wild prediction that it made me slap my forehead.  Literally.  I don't know what drives these people's wild hopes.

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Distinctin
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March 29, 2019, 08:14:54 AM
 #138

This prediction seems very fair and has a possibility of happening. At least its way better than the price of 50,000 some predictor are predicting. The recent price now is $4000k so before May the price of $5k is attainable. Lets just hope we won't be seeing another panic sell or act from impulsive investors.
If the market will continue to behave like we witness for the past 2 months, it will build consistency and eventually will break the resistance level.
That price prediction is very conservative, and there is a possibility that it will be achieve even before May this year.
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March 29, 2019, 08:55:19 AM
 #139

This prediction seems very fair and has a possibility of happening. At least its way better than the price of 50,000 some predictor are predicting. The recent price now is $4000k so before May the price of $5k is attainable. Lets just hope we won't be seeing another panic sell or act from impulsive investors.
It is attainable. With some good news, we can see bitcoin up to 5k. I mean, it's just the 3rd month of this year. We still have another month to go. Plus, I can see that there are so many traders in here that are positive on what's coming to bitcoin.
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March 29, 2019, 10:37:56 PM
 #140

This prediction seems very fair and has a possibility of happening. At least its way better than the price of 50,000 some predictor are predicting. The recent price now is $4000k so before May the price of $5k is attainable. Lets just hope we won't be seeing another panic sell or act from impulsive investors.
It is attainable. With some good news, we can see bitcoin up to 5k. I mean, it's just the 3rd month of this year. We still have another month to go. Plus, I can see that there are so many traders in here that are positive on what's coming to bitcoin.
If the majority of cryptocurrency users believe in the potential of Bitcoin, then the present time still needs to be used correctly and to invest in Bitcoin, for the long term. Although the toroidal environment in the cryptocurrency market is very difficult to handle in daily trading.
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