I think its high to see this price for this following month but bitcoin is really unpredictable and the price are still continue to increase..
And i think it is impossible that we will see a large drop happen with bitcoin since there are many bitcoin supporters that can support to invest more in bitcoin if there is a drop it can filling up again by others..
So for now we will see more increase this following month but possible around $4900 and november is my estimated time that 5k can be reach..
Topic: Bitcoin top 5000$ - page 5. (Read 2413 times)
But it's only $4.50 a mBTC !
Whatever drove it up through $4,000 so quickly might not give people a chance to get relatively cheap coin by dropping. It could just as easily head up toward the $6,000 mark and leave $4,000 and $5,000 in the dust.
That's the downside of it's increase. Whenever it increaae it gets too expensive for newbies to have some btc, same with the transaction fees, that's why risking sonetimes especially before seems worrhy now.
I think fundamental factors come more into play with such scenarios. I might be wrong but the missile launch over Japan yesterday could have moved Bitcoin over the $4500 barrier. Fundamental factors don't care about "psychological barriers" because that is technical jargon. If you have a big event that moves the market then all the technicals have to adjust. If you look at the chart Bitcoin is overdue for a big correction but then again it's Bitcoin and maybe new rules apply here and it is never really "overbought".
My point is: I have no idea. But I'd say there is a correction coming to $3XXX. And long-term I'm very bullish on Bitcoin.
My point is: I have no idea. But I'd say there is a correction coming to $3XXX. And long-term I'm very bullish on Bitcoin.
$5000 seems to be a tough psychological barrier now; but we mustn't forget so was $4000. We crossed $4000 very easily and $5000 might meet the same fate, if there are no divisions or forks.
I think a 6 trillion market cap for all crytpos is reasonable in the next few years. That is the market cap of all gold. Whether it's BTC, BCH, ETH or some new coin that leads the way is unclear. Although, my guess is BTC will continue around 50% market share. That would put us around 142k/coin.
Hello!
I tend to just read the forum and not to join in but there was a question I really wanted to answer so... Here I am!
What do you think about the Goldman Sachs prediction of a 4800$ top where all will collapse? Sounds like a biblical prophecy but well, they have been quite accurate about bitcoin so far.
We are getting close to the target so... What do you think will happen?
I was thinking that regardless of the prediction, maybe the 5000$ will work as a hardcore mental barrier... And pop the bubble.
So, what are your thoughts?
PS: If you did not read the article here it is: https://www.c[Suspicious link removed]m/2017/08/14/goldman-sachs-says-bitcoin-may-rise-about-500-more.html (sorry, no hyperlink as it detects it as a suspicious link for some reason...)
I tend to just read the forum and not to join in but there was a question I really wanted to answer so... Here I am!
What do you think about the Goldman Sachs prediction of a 4800$ top where all will collapse? Sounds like a biblical prophecy but well, they have been quite accurate about bitcoin so far.
We are getting close to the target so... What do you think will happen?
I was thinking that regardless of the prediction, maybe the 5000$ will work as a hardcore mental barrier... And pop the bubble.
So, what are your thoughts?
PS: If you did not read the article here it is: https://www.c[Suspicious link removed]m/2017/08/14/goldman-sachs-says-bitcoin-may-rise-about-500-more.html (sorry, no hyperlink as it detects it as a suspicious link for some reason...)
I don't know... while Goldman Sachs' s predictions were the responsible of the worst economical crisis of the last decade, john McAfee is a visionary who won many successful improbable bets in his life. I would take his prediction for more valuable.
Ok, but his prediction is that bch will be $500k not btc. What do you think now?
People have been saying the same about the $4000 mark, but so far there hasn't been any correction. At this point it's practically impossible to say anything about the exact top and direction.
It might be heading towards the $6000 mark too if the market gets bought up heavily in a very short time. I am glad that I am a hodler with enough coins in the pocket, and enough fiat aside to be put in action.
The thing is that it actually makes sense for the market to go through a correction, but on the other hand, it also makes sense to continue rushing up to break through newer all time high records.
#Patience
It might be heading towards the $6000 mark too if the market gets bought up heavily in a very short time. I am glad that I am a hodler with enough coins in the pocket, and enough fiat aside to be put in action.
The thing is that it actually makes sense for the market to go through a correction, but on the other hand, it also makes sense to continue rushing up to break through newer all time high records.
#Patience
True that... But 500k in 2 years seems too crazy to be true... On the other hand a mental barrier at 5k seems quite likely...
Hello!
I tend to just read the forum and not to join in but there was a question I really wanted to answer so... Here I am!
What do you think about the Goldman Sachs prediction of a 4800$ top where all will collapse? Sounds like a biblical prophecy but well, they have been quite accurate about bitcoin so far.
We are getting close to the target so... What do you think will happen?
I was thinking that regardless of the prediction, maybe the 5000$ will work as a hardcore mental barrier... And pop the bubble.
So, what are your thoughts?
PS: If you did not read the article here it is: https://www.c[Suspicious link removed]m/2017/08/14/goldman-sachs-says-bitcoin-may-rise-about-500-more.html (sorry, no hyperlink as it detects it as a suspicious link for some reason...)
I tend to just read the forum and not to join in but there was a question I really wanted to answer so... Here I am!
What do you think about the Goldman Sachs prediction of a 4800$ top where all will collapse? Sounds like a biblical prophecy but well, they have been quite accurate about bitcoin so far.
We are getting close to the target so... What do you think will happen?
I was thinking that regardless of the prediction, maybe the 5000$ will work as a hardcore mental barrier... And pop the bubble.
So, what are your thoughts?
PS: If you did not read the article here it is: https://www.c[Suspicious link removed]m/2017/08/14/goldman-sachs-says-bitcoin-may-rise-about-500-more.html (sorry, no hyperlink as it detects it as a suspicious link for some reason...)
I don't know... while Goldman Sachs' s predictions were the responsible of the worst economical crisis of the last decade, john McAfee is a visionary who won many successful improbable bets in his life. I would take his prediction for more valuable.
Hello!
I tend to just read the forum and not to join in but there was a question I really wanted to answer so... Here I am!
What do you think about the Goldman Sachs prediction of a 4800$ top where all will collapse? Sounds like a biblical prophecy but well, they have been quite accurate about bitcoin so far.
We are getting close to the target so... What do you think will happen?
I was thinking that regardless of the prediction, maybe the 5000$ will work as a hardcore mental barrier... And pop the bubble.
So, what are your thoughts?
PS: Unfortunately I cannot paste the link as it says it is suspicious... but you can find it on CNBC
I tend to just read the forum and not to join in but there was a question I really wanted to answer so... Here I am!
What do you think about the Goldman Sachs prediction of a 4800$ top where all will collapse? Sounds like a biblical prophecy but well, they have been quite accurate about bitcoin so far.
We are getting close to the target so... What do you think will happen?
I was thinking that regardless of the prediction, maybe the 5000$ will work as a hardcore mental barrier... And pop the bubble.
So, what are your thoughts?
PS: Unfortunately I cannot paste the link as it says it is suspicious... but you can find it on CNBC
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