BTC to 5000$ before a big rise ?

[Wysi]

As far as I believe there will be one more dump for sure before the expected bull run due to halving. But again it's just my personal opinion as everyone has a different opinion and their own research but the funniest thing about the market is that it doesn't follow any pattern and it just changes as per world affairs affecting crypto and one of the finest example would be this year as everyone though the market will go down during new year  season but it didn't.

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[alexsandria]

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

Then what's their basis? Or may be that is totally a pure opinionated claim though. Nothing to get about it, besides btc is still holding strong at 8k, and I do belive that this will last long like what it did at 7k mark from the past few weeks. Anyway, still a long way to go before the halving we aren't sure and no one knows where the market will fall before halving.

[kapalmabur]

selling part of your Bitcoin right now in my opinion is a good decision, why? if you doubt Bitcoin will go up and predict Bitcoin will also go down to $ 5000 you already have money to buy at the lowest level again

[FIFA worldcup]

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, it will not drop to 5000$ before the halving but it can drop after the halving. Halving is about four months away and due to the hype no one is going to sell their coins for cheap. Yes, after the halving their could be a brief time when bitcoin can dump big to 5K before kicking off a new bull run.

[darkangel11]

Most of those forecasts follow one or 2 well known traders like Tone Vays who used to predict a 3k low and then adjusted up as the bear market just wouldn't deliver.
The problem with those predictions is that Tone is rarely right. He just changes the predictions as he goes and I don't blame him because the market is fluid and influenced by many external factors like this recent Iran war threat.

[Reid]

There have been a lot of prediction lately.
I am also curious as you are. Curious at where they are getting this number when there is no possible way to see the future. 

Looks like they still understand the market of bitcoin.
These may all just be a prediction but still, how good do they imagine things if they can give a number?
Ain't that an awesome ability? I want that too. To imagine wildly. 

[jhonjhon]

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 can say anything about the price of bitcoin that it will be like this and that but don’t trust anything, i’m not saying they are liars or what but some of them just want to say the price will be something but no solid basis what will make the price go down or up. It is better you make your own research, study the market and analyze it, it is more rewarding that you will earn from your predictions.

[killerfrost]

I did not foresee the future so I could not make an accurate prediction. But for experts who are very experienced in this market, they have analyzed the chart in the long term and I also see a few charts saying that the price of bitcoin will drop to $ 5000 if in the near future BTC does not break $ 8500. I hope this does not happen as they expect, we are currently in the most favorable condition for the price of bitcoin to rise. And with halving bitcoin coming very close, I believe the bitcoin price will quickly break $ 8,500 and rise to $ 10,000

[royalfestus]

The $5000 prediction had been on till the price surge again, I am not saying the surge is a factor to prevent the dump but we sometimes look beyond the graphs and tech analyses. We are no more in the bear market and waiting for the dump before you buy is not the best advice. Sometimes you buy when the price is going up and sell when the price is coming down, the decision is with experience.

[ethereumhunter]

selling part of your Bitcoin right now in my opinion is a good decision, why? if you doubt Bitcoin will go up and predict Bitcoin will also go down to $ 5000 you already have money to buy at the lowest level again

I think you can wait for the next bullish that will happen soon so you can sell at a higher price. If you sell right now, you can still make a profit if you bought bitcoin at a low price, but if you can be patient for a while, bitcoin was already getting down in a few days ago, so the chance for bitcoin to increase higher will be open wide. But that will be up to you, if you are afraid to see the next thing that will happen with bitcoin price, you can sell it right now.

[alisonwonder]

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 also think like that, usually before the price pumped is very high, it will definitely be dumped, because many whales want to get a cheap price before the price actually goes up by halving.
although there is a possibility, but in my opinion for now it will not fall again to 5k, several times down and support is strong enough not to fall below 6k.

[Wexlike]

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 also think like that, usually before the price pumped is very high, it will definitely be dumped, because many whales want to get a cheap price before the price actually goes up by halving.
although there is a possibility, but in my opinion for now it will not fall again to 5k, several times down and support is strong enough not to fall below 6k.

I don't believe someone will see a $5k Bitcoin anymore this year. It's halving time, and this means up-up-up. Expect a nice pump to $16k and then some bottom finding over $10k. Afterwards a wonderful bull run comparable to 2017.

[coolcoinz]

They predict it because they follow technicals and the easiest way for them to understand where the price is going is to draw a descending line from that 14k pump in 2019.
There are many flaws in this prediction as it's a very basic understanding of the market. The first one is watching the market only from that certain point in July and not counting anything before that. The second is believing that the pattern will continue downward for the next few months and in reality we could already have broken up and will never go below 6k again.

[Baofeng]

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 also think like that, usually before the price pumped is very high, it will definitely be dumped, because many whales want to get a cheap price before the price actually goes up by halving.
although there is a possibility, but in my opinion for now it will not fall again to 5k, several times down and support is strong enough not to fall below 6k.

I don't believe someone will see a $5k Bitcoin anymore this year. It's halving time, and this means up-up-up. Expect a nice pump to $16k and then some bottom finding over $10k. Afterwards a wonderful bull run comparable to 2017.

Well we might see a bull run comparable to 2017, but it might take some time though.

But I do agree that we won't see $5k as we have bottom already in the $3k range in late 2018-2019. I'm sure everything is surprised that the price is maintaining around $8k. I thought that it will go sideways around $6500-$7k, but I guess everyone is 'positioning' themselves for the next halving starting this month.

[alisonwonder]

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 also think like that, usually before the price pumped is very high, it will definitely be dumped, because many whales want to get a cheap price before the price actually goes up by halving.
although there is a possibility, but in my opinion for now it will not fall again to 5k, several times down and support is strong enough not to fall below 6k.

I don't believe someone will see a $5k Bitcoin anymore this year. It's halving time, and this means up-up-up. Expect a nice pump to $16k and then some bottom finding over $10k. Afterwards a wonderful bull run comparable to 2017.

Well we might see a bull run comparable to 2017, but it might take some time though.

But I do agree that we won't see $5k as we have bottom already in the $3k range in late 2018-2019. I'm sure everything is surprised that the price is maintaining around $8k. I thought that it will go sideways around $6500-$7k, but I guess everyone is 'positioning' themselves for the next halving starting this month.

I'm also not sure, but of course there will always be rumors from certain parties who want to make prices down, such as news about hackers or others. but of course I do not expect that to happen in 2020 because that is a classic reason and everyone already knows about it so that it will not happen FUD. as long as the price is below 10k this is the time of gold for me to think of buying before going higher later.

[Slow death]

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

In the crypto world things work as follows:

1-) When the price is falling a lot, the forecasts are as pessimistic as possible.

2 -) When the price is rising a lot the forecasts are as high as possible. Just look at this as an example:

Experts Share: What Will Bitcoin’s Price Look Like in 2020?

this link has an opinion of 34 people, look at each person's opinion and look at the price of the past

Do you predict the same too?

my crystal ball told me the price will reach $15000 this year

[Hallmader]

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 more interesting if you reveal all the cards on the table and tell us who are those who are saying that Bitcoin will hit $5,000 before halving? I can counter that with other forecasters and crypto experts who are saying more positive price predictions.

I don't predict Bitcoin to go down as low as $5,000. That is so below the belt. I am thinking of $10,000 before halving.

[CodyAlfaridzi]

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 haven't read any forecast calling for $5K. Where did you read it? What's the reasoning? No, I don't see any reason why Bitcoin could drop to $5K again. I think the bottom is already in at $6800 and we're unlikely to ever visit that level again.

Quite the opposite, I was expecting a nice upward movement a few days from now. Looking at the weekly Bitcoin is currently on a bull flag which I hope will break upward soon. If this happening, we might see $10K within this month. Fingers crossed.

[samuraijin]

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 seems like the people left behind buy below the price of $ 5,000 so he forced to make an analysis to mislead many people and for his own satisfaction, because there are no traders who make an analysis if it wasn't for his own benefit, so don't listen to people like this, just focus on what that you are holding right now, it looks like we will no longer see the bitcoin price of $ 5,000, so hold your belt if you still hold it it will slowly recover and rise in some time maybe

[kro55]

I don’t know whether it will go down to 5k$, right now it’s stable at 8k$. Let’s hope it doesn’t go further down and remain stable here.
This is just FUD that bitcoin will go down to 5k$ before halving. Nobody knows what impact halving will have on bitcoin price. Play sensibly.