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Topic: April will be around 5000 - and then further down - page 3. (Read 1174 times)

member
Activity: 126
Merit: 59
I don't think we would go beyond  $5,000 except the mtgox trustee sell in huge number they holding! The supplies is drying up as those that buy in December, January, February and have refused to sell because their are expecting the price to recover and if possible make profit from their purchase.
Im stands into bitcoin can slowly recover this time but as the usual happen the unstable market is always here. Yes I think more needed to buy some bitcoin. More are actually expecting the price to recover however, it will not going further to $5k.
of course a very pleasant situation on the market, that Bitcoin does not fall below 6000 dollars. I watched that it reaches the mark of 7000 dollars, but something keeps it and does not let it go higher. I hope that this growth trend will continue and we will soon see a good flight.

Selling pressure keeps Bitcoin from rising any further than somewhat above $7000. I don't believe that Bitcoin will go down substantially below $6000 but if things keep going this direction, the prices will likely continue to plummet in the coming weeks. With Bitcoin in particular and crypto in general there is no middle ground. It can't stay long at a certain price. If it fails to rise, then it will go down. It is kind of a given.
full member
Activity: 392
Merit: 123
If you look at the total developments - and not at the wild volatility from day to day:

December on average was around 15.000$ for BTC
Peak was in December where BTC was at 20000$
January was on average around 12.500$
February was around 10.000$
March was around 7.500$

It is not difficult at all to see where this is going......


Well, everything can happen. Everyone is free to speculate. Actually everyone speculate according to what they would want to happen. I dont say all but mostly. They badly hope it will reach the price they are speculating. But for those who do not focus much on bitcoin they dont care. It is just que sera sera for them. Whatever will be will be.
full member
Activity: 560
Merit: 100
I don't think we would go beyond  $5,000 except the mtgox trustee sell in huge number they holding! The supplies is drying up as those that buy in December, January, February and have refused to sell because their are expecting the price to recover and if possible make profit from their purchase.
Im stands into bitcoin can slowly recover this time but as the usual happen the unstable market is always here. Yes I think more needed to buy some bitcoin. More are actually expecting the price to recover however, it will not going further to $5k.
of course a very pleasant situation on the market, that Bitcoin does not fall below 6000 dollars. I watched that it reaches the mark of 7000 dollars, but something keeps it and does not let it go higher. I hope that this growth trend will continue and we will soon see a good flight.
newbie
Activity: 89
Merit: 0
If you look at the total developments - and not at the wild volatility from day to day:

December on average was around 15.000$ for BTC
Peak was in December where BTC was at 20000$
January was on average around 12.500$
February was around 10.000$
March was around 7.500$

It is not difficult at all to see where this is going......


With bitcoin nobody can tell what will happened next. This is why a common man who used to work an 8hour job with a below minimum wage has become an overnight millionare. All this because of bitcoin. Bitcoin started out with a zero value and has climbed up to the ladder of success. People who have strong faith and believe of bitcoin has been a living proof to this. If you are not happy with the bitcoin price right now. You should check its history its humble bigginings and right then you can attest that everything is possible with bitcoin.
sr. member
Activity: 649
Merit: 250
I don't think we would go beyond  $5,000 except the mtgox trustee sell in huge number they holding! The supplies is drying up as those that buy in December, January, February and have refused to sell because their are expecting the price to recover and if possible make profit from their purchase.
Im stands into bitcoin can slowly recover this time but as the usual happen the unstable market is always here. Yes I think more needed to buy some bitcoin. More are actually expecting the price to recover however, it will not going further to $5k.
full member
Activity: 238
Merit: 109
If you look at the total developments - and not at the wild volatility from day to day:

December on average was around 15.000$ for BTC
Peak was in December where BTC was at 20000$
January was on average around 12.500$
February was around 10.000$
March was around 7.500$

It is not difficult at all to see where this is going......


Despite the fact that the value of Bitcoin and other altcoins is declining from till the month April doesn't necessarily mean that it will continue on a decline direction. You speculation of Bitcoin declining to $5,000 in the month of April may not come to fulfilment because good news are coming up in favour of Bitcoin and crypto currency in general.

.... well we are only a third into the month of april and have already seen a low point of 6.400$ in april thus far, so there remains a high chance of continuing the trend and seeing 5000 at some point in April
full member
Activity: 447
Merit: 108
If you look at the total developments - and not at the wild volatility from day to day:

December on average was around 15.000$ for BTC
Peak was in December where BTC was at 20000$
January was on average around 12.500$
February was around 10.000$
March was around 7.500$

It is not difficult at all to see where this is going......


Despite the fact that the value of Bitcoin and other altcoins is declining from till the month April doesn't necessarily mean that it will continue on a decline direction. You speculation of Bitcoin declining to $5,000 in the month of April may not come to fulfilment because good news are coming up in favour of Bitcoin and crypto currency in general.
hero member
Activity: 966
Merit: 500
hello sir! it seems you are a good fit to be a expert crypto  Grin
this is just a mere Bullshit, I do not think prices will fall anymore. the price may not fall below the $ 4,000 - $ 5,000 mark. IMO mid-April, prices will start to increase again, indeed, no one knows the prediction problem for the future, but I'm sure the bull market will soon pump up and get closer again with bitcoin.

Suppose that the time when the cryptocurrency prices were very low is coming to its end. I am expecting that Bitcoin will be gaining and not be losing anymore.
hero member
Activity: 756
Merit: 500
I don't think the price of the bitcoin become $5000 this month because for me this is the wall of the bitcoin and once the price decrease that it will increase again the price.
I think that such a situation in the market Well, of course, if this happens, then the brain can explode in many traders and investors. I also really do not want to see the situation when Bitcoin dropped to $ 5,000 per coin.
Stay as chill as you can because nothing like that is going to happen sooner or later. The thing is that bitcoin is going to increase all the way because April has commenced and by the mid of the year we all know that bitcoin has to increase. We should stop bitcoin as much as we can right now to help him recovering in prices. The more support we are going to give to bitcoin, it would be easier for it to recover.
member
Activity: 490
Merit: 17
I don't think we would go beyond  $5,000 except the mtgox trustee sell in huge number they holding! The supplies is drying up as those that buy in December, January, February and have refused to sell because their are expecting the price to recover and if possible make profit from their purchase.
legendary
Activity: 1848
Merit: 1009
Next-Gen Trade Racing Metaverse
I'm kinda waiting actually for the price to crash that down, or even further, as it's really difficult to buy in BTCBTCBTC at huge prices like these.
STT
legendary
Activity: 4102
Merit: 1454
It is not difficult at all to see where this is going......



I'm glad you said this because it makes it less likely to occur.   Markets are counter intuitive, everyone and his dog are trying to get ahead of the game to get the maximum profit possible.   All of capitalism is based off this idea pretty much, a competitive market out thinks itself.   The likelyhood of a straight line or simple trend like you outline continuing at the point most people believe it to be obvious and 'sure thing' becomes far less.    A price which only does one thing becomes free money to traders to short or go long, it never works out that easy.    If that really is the easy conclusion now I would bet on this area of support being generally respected and a shake of the easy shorts that have accumulated occurs.

Very simple idea - short positions are at an all time high for bitcoin and the price has failed to really drop at all.    Maybe theres some selling but not enough to justify such large short values.   A short seller is a future buyer, write that down because that then becomes the most likely future trend.

Long term I cant say as easily but you could bet against the sheep being smart here really.
legendary
Activity: 1358
Merit: 1565
The first decentralized crypto betting platform
Not that simple is it, otherwise we’d be at $0 by the end of 2018.  

What's more: we would be negative in 2019. What OP does is to follow a pattern but patterns are human concepts that we make to understand random events. There are many ways to follow a pattern, how would you follow this one:

10, 9, 8, 7, 6...

It would seem the most logical way is 5, 4, 3, 2, 1. But it can also be 5, 6, 7, 8, 9, 10, or 10, 9, 8, 7, 6 again. Or even 5, 5, 5, 5, 5.
hero member
Activity: 2968
Merit: 640
I don't think the price of the bitcoin become $5000 this month because for me this is the wall of the bitcoin and once the price decrease that it will increase again the price.
I think that such a situation in the market Well, of course, if this happens, then the brain can explode in many traders and investors. I also really do not want to see the situation when Bitcoin dropped to $ 5,000 per coin.
Really, I do not know why some people derive pleasure in trying to see how the market gets so down even without reasoning or using their head. The market can get to anywhere, no doubt, not too low, because it is a market, but coming to tell us all these, really makes no sense, because no one can use TA to predict the future. In my view, those people who are paying attention to FUDs, including myself by replying to this thread are the ones to be blamed for the indirect support of such FUDs. I am expecting above $40,000 by end of this year hence there could be no more down trend and we may see prices to regain their power to rally at any time.
member
Activity: 448
Merit: 10
I don't think the price of the bitcoin become $5000 this month because for me this is the wall of the bitcoin and once the price decrease that it will increase again the price.
I think that such a situation in the market Well, of course, if this happens, then the brain can explode in many traders and investors. I also really do not want to see the situation when Bitcoin dropped to $ 5,000 per coin.
video can not escape the situation and we will continue to watch the drop of Bitcoin. And all because of the fact that Mr. Gox will throw out with a new market a huge amount of Bitcoin. There is no demand but there is a huge offer of Bitcoin on the market.
legendary
Activity: 1232
Merit: 1029
It is not difficult at all to see where this is going......

It is not difficult?  Grin

So you have a crystal ball and so you made that prediction:

" April will be around 5000 - and then further down "

you should be considered the greatest gurus of all time, I think the cointelegraph will be very happy to do a interview with you and who knows you can replace the guy that makes the predictions on cointelegraph based on the technical analysis.

being frank, you can not assume that because the past price was low then the future price will be very high, no one can predict the price accurately.
I second with the cointelegraph having an interview with the guy lol. It is just very absurd for anyone to think price will just keep going down based on how it has been going down, as in like seriously ? We could have just assumed that as well when the bull rally was on and most people were assuming the next move from $19800. Just like you have said, assuming for the market is like trying to play the soothsayer role, but it is never done.

As per OP, I guess we can just assume we will keep going down until it reaches zero right ? No way! This is market, trend can change anytime, we may go lower or we can just switch anytime and start switching up. Still, the main thing here is that no one knows the future and we are just all here trying to see how things eventually turn out. OP cannot just basically judge on past figures.
member
Activity: 512
Merit: 11
I don't think the price of the bitcoin become $5000 this month because for me this is the wall of the bitcoin and once the price decrease that it will increase again the price.
I think that such a situation in the market Well, of course, if this happens, then the brain can explode in many traders and investors. I also really do not want to see the situation when Bitcoin dropped to $ 5,000 per coin.
member
Activity: 512
Merit: 11
I don't think the price of the bitcoin become $5000 this month because for me this is the wall of the bitcoin and once the price decrease that it will increase again the price.
you can put there to go so that you can at all. You can always assume something else, but the market always presents new surprises.
sr. member
Activity: 1624
Merit: 267
I don't think the price of the bitcoin become $5000 this month because for me this is the wall of the bitcoin and once the price decrease that it will increase again the price. I hope it will not decrease to $5000 because it's hard to increase the price again like 10k dollars. Don't sell your bitcoin if you want to see the price increase again. Buy more bitcoin and not see again $5000..
legendary
Activity: 2912
Merit: 1068
WOLF.BET - Provably Fair Crypto Casino
I don't beleive in such scenario. Yet we are only at the begininig of the month and when it comes to Bitcoin everything is possible but I don't expect for price to fall to 5000$ or under. It's more likely that it will stay somwhere around 6000$ to 7000$ for a while. So this is good period for more buying at to get ready for price rise that is going to happen afterwards.
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