BTC to 5000$ before a big rise ?

[Oceat]

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.

You don't need to make a good prediction as long as your prediction help you to get the profit you want. It actually need some time to make use your prediction in the future so continue what you are doing because it helps not just today but for the upcoming days when you are trading.

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[maxreish]

Remember that speculations will either a false hope or a reminder. We can't really know that it will hit down to $5k or even more at $3k before the halving event. Anything is possible under crypto world. But let me remind you that there are so many unexpected shortcomings and sideways. Everyone is speculating and expecting for the upcoming halving event. Last time I've remembered this same scenario stable price before huge pump. We can't really tell.

[tenakha]

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 guess the price can go down to $6.5k, not $5k for now. Already a few days ago, the increase was expected to reach $9k and regress a little, and it was. After that, I do not know exactly where to go, we will see this as price continue to break the support. But, do not worry, we will see a better price until halving. Such decreases are normal before each increase.

[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.

You don't need to make a good prediction as long as your prediction help you to get the profit you want. It actually need some time to make use your prediction in the future so continue what you are doing because it helps not just today but for the upcoming days when you are trading.

Yes, believe by ourself although it is not good will be ok. Because we can't always rely on other people especially for trading and each people must get profit by their own strategy. For me, i only can hold and wait that is why i just follow the stream.

[kapalmabur]

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 could happen, because if you think the whales will dump so they can buy at a cheap price,
and when bitcoin goes down, we will see the altcoin season, because altcoin is very cheap now to be able to benefit in the BTC pair later

[fabiorem]

Yes, its clear its going to visit 5k or even lower. In fact, it can go back to the 3-4k range.

I believe we will have a big bear trap before it takes off. For now, we are only having bull traps, with the usual fake rise and fake calls for FOMO.

Bitcoin price is being heavily manipulated. I dont trust even my own TA anymore. All those theories about waves, cycles and stuff are useless if we face the fact that the crypto market have the nature of a ponzi scheme. Those who adopted it earlier are making the calls, in the same way big speculators do with the stock market.

FA was also put into question after I saw the StF calculation being manipulated again. The StF line pointed to 100k at the first half of 2020, the new version points to 2021, proving that even the log scale is based on faith, disguised as "science".

We are at the mercy of the whales and they will decide if bitcoin will replace fiat one day. For now, I believe it wont.

[Cacingkemi]

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 think the current price of bitcoin will not fall sharply to $ 5,000 before halving, on the contrary many people expect bitcoin to increase after halving and this year or in 2021 bitcoin will become more valuable, but that is only speculation and it is not certain it will happen in future

[iv4n]

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 think the current price of bitcoin will not fall sharply to $ 5,000 before halving, on the contrary many people expect bitcoin to increase after halving and this year or in 2021 bitcoin will become more valuable, but that is only speculation and it is not certain it will happen in future

In one moment I thought it will dip to 6k, or lower, but looks like the price changed direction and now 5k and 6k look so far away. I strongly doubt that we will see bitcoin at 5k ever again, chances for that to happen are minimal, and even if it happens before the halving that will be temporary, look at that like a good buying opportunity, but only if it happens, in which I doubt as I said.

[veleten]

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

is there any reason to predict such a massive fall ?
and who is predicting  that , haven't seen such pessimistic online forecasts from analysts that are at least somewhat trustworthy and are not predicting random numbers just because they want to
for the price to go down 3200$ , aka almost 50% something groundbreaking has to happen
the times of "shaving" the noobs when a megawhale coordinated a massive sale of coins across the exchanges to cause a massive panic sell and rebuy cheaper have long gone
it would take too many coins sold to drop it to 5000$ and I highly doubt there are people willing to part ways with the coins in lew of halving , especially in huge quantities like that
my prediction , the price will stay in the 7000-9000$ corridor before and some time during the halving , slowly peaking as the time passes

[styca]

The thing with these price predictions is that they all seem reasonable because crypto prices move so much. BTC to $5k? Yeah, could happen. To $10k? Yeah, could happen.
The key is in differentiating between what could happen and what is likely to happen... Ultimately it's your own judgement, no analyst prediction can be taken as reliable.

[exstasie]

"Big rise coming, but first, the market is going to crash so I can buy in!"

This type of sentiment is classic in nascent bull markets. Traders are beginning to see the massive bullish potential in the charts but they already missed their entries in the $6,000s or $7,000s. So now they are convincing themselves there will be another chance to buy.

And they might be right. Chances are, it will turn out like this though:

[rdluffy]

First of all, everything is possible, to 5k, 1k, 1kkk...
But I think it's hard to fall to this level of 5k at this moment because every dip people will start to buy thinking in this year that promises a lot to BTC, obviously the halving are a big event and all are expecting a big rise on BTC's price

[Shinpako09]

My thoughts of $5k has been gone already. Last month, I thought we're going to touch it but after how many times the price did bounce back at $7k, I believe it has a lesser percentage now especially the price is performing well this past few days. Don't always believe on what you read especially those bearish predictions it will just make you more confused or may lead into panic selling which is the worst thing you'll do. It's their own way so that if panic selling occur, they now have chance to buy at a cheaper while you are at loss.

[karanggatak]

it is very difficult to predict the price of bitcoin so I also don't know for sure whether bitcoin will fall at the price of $ 5k before decreasing by half or actually experiencing an increase before decreasing by half. if we look at the previous halving day bitcoin chart we know that the price of the bitcoin continues to increase before decreasing by half. I don't know if this will happen again or not. all I can do is wait and continue to observe the bitcoin price movements.

[Ferris419]

Actually, I don't think anymore that Bitcoin can go that low price from the current position! In December, I thought Bitcoin price will come to 5K USD before a big jump and it went to 6K USD zone but did not break the under 6K level! That's mean 6K+ zone was the lowest enough for Bitcoin and right now it's growing gradually! Bitcoin price can come under 8 or 7K USD again, but I don't believe it can go under 6K USD anyhow!     

[The Sceptical Chymist]

no predictions are 100% accurate

Some are (by luck), but most are 0% accurate.  As they say, even a stopped clock is right twice a day.

Yes, its clear its going to visit 5k or even lower. In fact, it can go back to the 3-4k range.

I don't think that's clear at all.  In fact I'd say that's completely wrong--but then again, my predictions are as good as anyone else's.  I just don't think bitcoin is in for a fall of at least $3k right now, not after it's started to rebound from the summer's mini-crash.  And I'm not sure what effect the halving has had or is going to have, but I'm guessing that people have started buying bitcoin in anticipation of it, which is why we've seen the price spike the way it has.

"Big rise coming, but first, the market is going to crash so I can buy in!"

This type of sentiment is classic in nascent bull markets.

Yeah, there could be some of that, too.  You really have to be careful about who you listen to when you're reading people's price predictions, and I think it's generally a good rule of thumb just to tune everybody out altogether.

[gabbie2010]

Actually, I don't think anymore that Bitcoin can go that low price from the current position! In December, I thought Bitcoin price will come to 5K USD before a big jump and it went to 6K USD zone but did not break the under 6K level! That's mean 6K+ zone was the lowest enough for Bitcoin and right now it's growing gradually! Bitcoin price can come under 8 or 7K USD again, but I don't believe it can go under 6K USD anyhow!     

Dropping dip to in $5K is unrealistic for now I was also expecting it drop during the last Christmas as a result massive exchanging to Fiat to buy stuffs for the celebration as it is now the bull had taken over the market while recent dip stopped at $7500 couldn't breakthrough the support at that zone.

[plvbob0070]

it is very difficult to predict the price of bitcoin so I also don't know for sure whether bitcoin will fall at the price of $ 5k before decreasing by half or actually experiencing an increase before decreasing by half. if we look at the previous halving day bitcoin chart we know that the price of the bitcoin continues to increase before decreasing by half. I don't know if this will happen again or not. all I can do is wait and continue to observe the bitcoin price movements.

The difficult thing here in this field is to predict the different prices of different cryptocurrencies because we all know it is easy to predict but not all the time the prediction will gonna happen. There still a chance that bitcoin will fall again at 5000$ and if ever this thing happens some whales will gonna happy because they can now buy a ton amount of bitcoin then, later on, they will gonna sell it at a high price. Many people always monitor the movement of bitcoin and by the only blink of seconds, you can earn or lose a ton amount of money. But, this time let's see if bitcoin will gonna fall again at 5000$ because I also want to buy at that price.

[merchantofzeny]

It's possible, we've seen lower last year but I don't think it'll drop that low with the price currently hovering around the $8k mark. It'll take massive amounts of manipulation to make it drop back to $5k.

So, let's just enjoy the current mini bull run and keep some money for buying just in case.

[msarro]

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.

Always take crypto predictions lightly never follow them. Towards end of Dec 2019, chances were that bitcoin may go down to 6k$ or 5k4 but then came Iran/USA and we have a reverse trend that took price at 8k$. If you are in crypto then you need to keep your eyes and ears open and never follow any prediction.