BTC to 5000$ before a big rise ?

[Lionel]

Why are many online price forecasts saying BTC will dip to $5k before the halving?
Do you predict the same too?
I'm not a pro trader, just asking out of curiosity

[MURONDI]

You should learn to analyze and do your own research, don't be easily influenced by other people's predictions, no predictions are 100% accurate, everyone will have different opinions about bitcoin analysis, in my opinion maybe the price of bitcoin will go down but not up to $ 5,000, in the 1 hour chart bitcoin shows a downtrend, but in the daily period the price shows an upward trend, You must do your own research, don't be influenced by other people's analysis including my analysis.

[janggernaut]

Why are many online price forecasts saying BTC will dip to $5k before the halving?
Do you predict the same too?
I'm not a pro trader, just asking out of curiosity

Well the fact bitcoin already fallen to $8000 while it was reached $8400 few hours ago. Not sure bitcoin would dip until $5000 (what's the reason?) But the one i believe is, bitcoin would be start to rise after halving happened, approx in 2021

[moviebuff777]

No it’s too late for that. We’re too close to the halving for a drop that low. When the mining reward gets cut in half the value should increase to compensate.

[harizen]

Why are many online price forecasts saying BTC will dip to $5k before the halving?
Do you predict the same too?
I'm not a pro trader, just asking out of curiosity

No one knows what will happen. Their forecast depends on their own criteria either chart readings, speculations, and news.

Going down below $5,000 always has a chance to happen. Looking for at least a month's performance, we saw bitcoin price fairly withstand any hard dump at around $7,000+ so we can say that on this range, we can considered that floor as a resistance level.

Anyways, since you mentioned "big rise", don't expect much in the upcoming halving so you won't be disappointed. Just do your usual accumulation so that in case your expectations won't be met, still, you have a nice and decent quantity of BTC in your stash.

[alan2here]

Why are many online price forecasts saying BTC will dip to $5k before the halving?
Do you predict the same too?
I'm not a pro trader, just asking out of curiosity

It is only a personal prediction of others and you should not trust because this market has been improving in recent days. I think buying Bitcoin at the current price is still very cheap and can completely help you earn high profits if you choose to invest in the long term. In addition, 2020 will be a very favorable year for many new investment projects and you can consider if it is a potential project.

However, in crypto market, everything is unpredictable and it is possible that this coin could return to $5000 if the market gets worse.

[LUCKMCFLY]

~snip~

I have seen some analysts who talk about a big correction in the price of Bitcoin, some $ 5k, others that $ 1k, I think the correction will not be so drastic, it can remain between $ 7.5k- $ 8k just for the fact that the recovery Up to $ 8.4k was for fundamental reasons of the possible war betwen E.E.U.U and Iran.

The impact on the Halving can begin to occur after having calmed the waters of war drums a bit, the event is long awaited, personally I think it can go up more than $ 9k.

[kodtycoon]

anything can happen because correction is inevitable for a large pump that might happen before or after halving, so i just feel whatever the decrease is and whatever the increase is still possible, basically we need to be more patient and more confident, no need to panic when get fud news because the decline will always be there after the price is pumped

[Rodeo02]

anything can happen because correction is inevitable for a large pump that might happen before or after halving, so i just feel whatever the decrease is and whatever the increase is still possible, basically we need to be more patient and more confident, no need to panic when get fud news because the decline will always be there after the price is pumped

As for me thats too deep correction for BTC. ill never expect the price increase more ,But this year it will became morestable increase its price only a little .the bull market we are waiting will not gonna happen this year  but only increase about 15%-20% thats not bad and the ATH will happen next 3 years or more.

[jakelyson]

No it’s too late for that. We’re too close to the halving for a drop that low. When the mining reward gets cut in half the value should increase to compensate.

The exact reason it is a possibility. We are too close to halving and maybe the last chance to acquire cheap bitcoins. Manipulators may want to drop the price so they can acquire more bitcoins in preparation for the price surge after the halving. It will be harder to do that once halving is in effect.

I have seen some analysts who talk about a big correction in the price of Bitcoin, some $ 5k, others that $ 1k

1k is too much already. That will draw us back to the early late 2016 price. I think if the price drops 5-6K, whales will start buying back. That will create strong support at that level.

[bitzizzix]

Everyone's predictions are different and not always true, it looks like the current market situation is still difficult to predict accurately and bitcoin is now back down a little but I don't believe that bitcoin will drop back to the price of $ 5,000, because it has happened before.
but in my opinion the movement of bitcoin so far is still in normal conditions but tends to increase, and bitcoin will always provide a good return if you do good research in trading.

[iamaruf]

Why are many online price forecasts saying BTC will dip to $5k before the halving?
Do you predict the same too?
I'm not a pro trader, just asking out of curiosity

In crypto everything is possible but btc 5000$ is quite hard.Maybe we will see 6.5k$ to 6.8k$,but I don’t think bitcoin can reach 5k$.Now bitcoin support level is good enough and last few months bitcoin  reverse back from 6.5k$ to 10k+. So,I think there is low possibility to reach 5k$.

[$crypto$]

Don't believe in the prediction because it's not true because they only speculate about the price of bitcoin themselves, so the forecast is never right.
I just guess that the price of bitcoin won't go down to $5,000 because in my opinion bitcoin will continue to rise slowly and its peak is halving after it approaches.
Think positively about the price of bitcoin in the future, don't believe too much about what the prophecy says because it's only the spread of fud.

[dunfida]

Why are many online price forecasts saying BTC will dip to $5k before the halving?
Do you predict the same too?
I'm not a pro trader, just asking out of curiosity

You would even see 1k - 3k predictions in the past and also theres no such thing about pro trader that
can predict precisely on whats the price.For now where the price already heading to 9k, have you seen those people who
do keep telling on price dumps? We might not able to see low prices again but still not a guarantee yet 5k price is
not really that far though.Price is always been unpredictable so its really hard to pinpoint.

[maydna]

Why are many online price forecasts saying BTC will dip to $5k before the halving?
Do you predict the same too?
I'm not a pro trader, just asking out of curiosity

I don't predict for that because now, I only follow where bitcoin price moves. We already saw bitcoin price hit $8300-$8400, but now, the price is down until $7900, so there might be a time for bitcoin price to increase back to the $8000 price level, and you should wait for a while. Meanwhile, you now have a good time to buy more bitcoin after you take the profit yesterday while the price still below $8000, or you can wait for more to see the price will go down or not. But I prefer to make a buy order for a small amount of bitcoin and make another buy order if the price goes down for more.

[iram3130]

I was thinking about this in the end of October 2019 and there were some instances when the price dropped down to $6k marks. but it recovered fast from there so I dont think there will be any more instances of even hitting that price now, halving too near for another dump and people will be waiting for something like this if happened.

[watergold]

In fact, I have heard of the forecast and bitcoin will dump to a more severe price of $5,000 but in reality it has not happened and bitcoin is currently experiencing a pretty good increase.
Do not believe in the prediction because it can make a lot of people panic, so many are selling at cheap prices.
We know that the current movement of bitcoin is quite stable, we only need to look at a graph about the current direction of bitcoin.

[vennali]

Why are many online price forecasts saying BTC will dip to $5k before the halving?
Do you predict the same too?
I'm not a pro trader, just asking out of curiosity

If you think so, you should try to buy Put options and secure your funds like an insurance for any upcoming downtrend. You could try Long term Options if you think the BTC is going to go up in the future.

[akmal1984]

In my opinion it won't touch the price of $ 5,000 before halving. Because this price is too deep. If you pay attention to the past 1 or 2 years, prices cannot be manipulated again as before. I know that every time there is a big event, there are people who want to take advantage of this by pushing prices too down or up. But now it's different. You might see for yourself some time ago that the try price was pushed down 6k but it didn't work.

[AakZaki]

Don't believe in the prediction because it's not true because they only speculate about the price of bitcoin themselves, so the forecast is never right.
I just guess that the price of bitcoin won't go down to $5,000 because in my opinion bitcoin will continue to rise slowly and its peak is halving after it approaches.
Think positively about the price of bitcoin in the future, don't believe too much about what the prophecy says because it's only the spread of fud.

If you don't believe in a technical or fundamental analysis, do you only guess the price?  like a shaman or rather a gambling trader.  whereas in trading various indicators are provided as a tool to determine price movements, while fundamentals provide information about something positive or negative happening to Crypto itself, so that we can know where prices will move.  is it possible because you have never learned technical and fundamental analysis?  so you say don't ever believe in predictions.