BTC to 5000$ before a big rise ?

[TIDOVEE]

Well, it is only a prediction and a prediction is not 100% sure until it delivers. It should not be as low as $5000, we are close to halving. With proper analysis to the past values we should not expect any thing lower than $8000 the price value is expected to keep moving steadily at this moment as it has begun. If at all there will be any retrogression, very little is expected.

[Pamadar]

Well, it is only a prediction and a prediction is not 100% sure until it delivers. It should not be as low as $5000, we are close to halving. With proper analysis to the past values we should not expect any thing lower than $8000 the price value is expected to keep moving steadily at this moment as it has begun. If at all there will be any retrogression, very little is expected.

It's opinion based not even they've shown any relativeness but there's no assurance that it will happened. Remember that there are lots of factors that influence the market movements, it's been a long process and even so called experts are unable to figure the right path where Bitcoin will go. Best to keep your own study and research to this venue of investment.

[Karmakid]

The price of bitcoin is now above $7500 and it is a good sign for the bullish people in the market but I still believed that the price should go down first maybe below $6500 to accumulate a good amount of strength to comeback and went to another all time high. There is a lot of speculation in the market but in terms of long term basis, I believed that bitcoin will go above 5 digits price.

[novaprime]

The price of bitcoin is now above $7500 and it is a good sign for the bullish people in the market but I still believed that the price should go down first maybe below $6500 to accumulate a good amount of strength to comeback and went to another all time high. There is a lot of speculation in the market but in terms of long term basis, I believed that bitcoin will go above 5 digits price.

Bitcoin is usually unstable and after the price increase, the coin will have many major adjustments. I have been following this coin from the start of joining the market and to make a profit is something no one could have predicted. You may be right to believe Bitcoin will fall once more before another price increase begins but certainly your prediction will never be able to determine the time.

I very patient when investing and usually hold for 2 to 3 years because it is enough time for me to make a good profit from the crypto market.

[StephenieDuong]

I dont think bitcoin will dump back to 5k before halving, bitcoin charts now have lots of good signal and there are no reason to dump bitcoin too much right now. The strong resistance at 7k7 was break easily and now it turn to a strong support and i think this will become 2020 support line.

[avatar_kiyoshi]

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

There are various online forecast about Bitcoin price. I'm sure there is an increase in Bitcoin market, down dip to $5k is possible if there are serious problem related to Bitcoin environment, also if the price thru $7500 support and go down thru $6k it's highly chance the price will reach $5k, but in fact bullish has begun.

[danherbias07]

Where did you find there? I am just curious.
I don't see much of that kind of negativity now.
Mostly are articles about the incoming halving and how bitcoin will be pumped again.
There isn't much about dumps anymore.

I don't think the same way as them. More like being optimistic this time. This may be the time that we wont see a small figure again.

[Ridwan Fauzi]

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

There is no expert trader who can be able to predict it correctly, I mean his predict just have 50% will be right and the rest will be wrong, also you can make your own predict if you can.

Privously, when I came to this forum exactly at 2017 ago there was many people who suggested that bitcoin price will have a high price such as $30.000 or even $100.000 at 2018, but did you see the predict was going right? It was not, the price of bitcoin just decreased more and more even touch the lower price i.e $3500. So what that mean? you have to aware that sometime you must ignore what people says although he is an expert especially when he says about prediction.

[chip1994]

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's all just a prediction and you absolutely shouldn't trust the news. sometimes it's false news and the goal is to make more people sell their bitcoins cheaper. This is one of the strategies McAfee most often uses. Ideally, we should analyze the chart itself and make our own judgment. Don't be too worried about other people's thoughts.

[the rise]

the consolidation area is $ 6k, and if it falls below that then you will read the forecast again about $ 3k, I suggest not to trust it too much because the possibility of a price reduction ratio is only valid until the end of 2019. You better expect a quick price reversal if a correction does occur quite significantly, Halving is about accumulation that will continue to grow.

[bamboylee]

Why are many online price forecasts saying BTC will dip to $5k before the halving?

Because they want to affect your trading decisions that could be favorable for them. I suggest you stop depending on or listening to them. That could spell disaster to your trading portfolio. It is best that you learn how to analyze the market and make your own forecast.

[Sadlife]

I have not seen any kind of news that BTC will comeback to that level but i've seen some people talking about it and it is most likely impossible for BTC to fall down back to $5000, $6800 is much more realistic but BTC coming back to $5k is just impossible. Although we might be seeing BTC dumping or dipping sooner cause by the CME futures gap, showing signs of a fall down and this gaps always get filled, so we might expect a short dip then proceed to $9.5k or another dump.

[Amel]

Maybe they predict based on the prediction of bitcoin prices before the first halving and second, because at that time bitcoin experienced a decline before halving. And for me it is natural because everyone has different predictions in facing the upcoming third halving, maybe I will also think the same as the previous BTC history when halving.

But all of that is actually still unpredictable, it could be my prediction and they were wrong. Yeah the market is changing so fast, so better let's see how btc is next.

[Divinespark]

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

Anyone in this market can make predictions about the bitcoin price when halving. There have been a lot of positive predictions about the price of bitcoin going up, of course we will see the same negative predictions. And our job is to wait until it happens, if you believe in this market and bitcoin then you can start buying from now and wait. If you do not believe, you can continue to wait in the future to be able to buy at a better price if the market collapsed.

[Darooghe]

Don’t take advise from the internet when it comes to investing your money. you can learn the techniques but you won’t learn to be profitable. However, nothing has happened as a bull run at previous months of the previous halvenings. Price stayed flat, or even dropped until a couple months afterward, then shot up. It could happen this time too, or it could not. Learn how to read the charts so that you can understand what price did the previous halvenings and make decision.

[jostorres]

Looks like this was all for nothing, bitcoin went up without going down. The problem with the ideas of "bitcoin down before up?" is that if you think bitcoin will go up, so does others and if you think bitcoin will go down first but than go up later, you don't risk by selling and buying lower and than selling even higher, that is just too much of a risk, even if you honestly think price will go down than go even higher you just wait, most people do.

This is why bitcoin rarely ever goes down first than goes up, it just goes up directly, maybe minuscule small falls but not as huge as going down to 5k and going up to 10k starting at 7k type of huge moves, its more like 7.5k to 7k to 8k type of smaller moves that happens, and realistic that is kinda what already happened as well.

[pajak666]

It seems like a good reset point for the sentiment in the market. If a lot of people are waiting for it then it has to happen like a self fulfilling prophecy, right? Everyone is waiting for this, every last rally failed pretty quickly, there is still no real use for it, so why would it grow now? My question would be if 5000 is the bottom or we go to 1-2k range before loooong consolidation and then another parabolic in few years future.

[Hamphser]

Don’t take advise from the internet when it comes to investing your money. you can learn the techniques but you won’t learn to be profitable. However, nothing has happened as a bull run at previous months of the previous halvenings. Price stayed flat, or even dropped until a couple months afterward, then shot up. It could happen this time too, or it could not. Learn how to read the charts so that you can understand what price did the previous halvenings and make decision.

To think that learning will help us right away is not right it still need some years of practice before someone could actually make a good profit on their own. People will only say what they think is right but it is you who can make the decision in the end. Although just learn the mistake of others so you won't be suffering what they have had experience.

[PuertoLibre]

Generally, this type of statements have been analyzed with backtesting the previous market parabolic trends. The experienced traders trade what they see not what others advise. My personal prediction is the BTC price will cross $9000 in February and it will be traded between $7000-$9000 until halving. Another scenario is speculators play the game by buying the rumor and selling the fact.

[iamsange]

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 am not a good predictor. I only follow how the stream bring me. I think if see a lot of people say bitcoin will dip to $5k then i have no choice to hold longer. There will be the time bitcoin price can get pumped and people who maybe bought at that price can get profit too.