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Topic: BTC could go down to $5,000 (Read 962 times)

sr. member
Activity: 826
Merit: 256
May 27, 2018, 10:32:57 PM
#97
No one can able to predict if bitcoin will touch $5000 this year but it may be possible in the future if demand for the top cryptocurrency will go down. There are some negative factors are capable to bring down bitcoin price to that level like a continued government crackdown or hacking a big exchange. Aside from that there are also a influential group trying to bring down bitcoin price so they can able to buy it at a cheaper price. 
sr. member
Activity: 574
Merit: 252
May 27, 2018, 06:22:00 PM
#96
within a period of about 2 weeks bitcoin prices fall $ 2000, it is undeniable that $ 5000 will happen. but we'll see in the event world cup 2018 whether the price will bounce up or down.
These kind of falls are not that new when it comes to bitcoin and if you are trading bitcoin you should know about it, there is no factors in the market to see a major correction to $5k, people who wanted to sell their coins would wait for the market to recover to sell off rather than selling it at these valuations, unless there is some terrible news from the market i do not see the price going to $5k.
legendary
Activity: 1918
Merit: 1012
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May 27, 2018, 05:29:38 PM
#95
Price decreasing again the price and now it's decreased at 7200 dollars.
I think the barrier is $5000 and once the price decrease that the price increasing again because many people buy again bitcoin and it's increase again very high the price.

The price is decreasingly slowly and we seem to be in danger of growing below $7,000. However, I think it is too premature to talk about the price going below $5,000. There are quite a few support levels on the way.
We may see high volume trading, but the price wont rebound to those very high levels you are talking about.
hero member
Activity: 2212
Merit: 670
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May 27, 2018, 10:43:51 AM
#94
Price decreasing again the price and now it's decreased at 7200 dollars.
I think the barrier is $5000 and once the price decrease that the price increasing again because many people buy again bitcoin and it's increase again very high the price.

within a period of about 2 weeks bitcoin prices fall $ 2000, it is undeniable that $ 5000 will happen. but we'll see in the event world cup 2018 whether the price will bounce up or down.
sr. member
Activity: 1624
Merit: 267
May 27, 2018, 09:06:58 AM
#93
Price decreasing again the price and now it's decreased at 7200 dollars.
I think the barrier is $5000 and once the price decrease that the price increasing again because many people buy again bitcoin and it's increase again very high the price.
newbie
Activity: 9
Merit: 0
May 27, 2018, 08:30:47 AM
#92
Looking at present market condition Bitcoin may touch 5000 dollars and downfall is due to US SEC warnings on Bitcoin price manipulation
full member
Activity: 491
Merit: 105
February 09, 2018, 06:55:28 AM
#91
BTC could go down to $5,000. What do you think?
Maybe yes or maybe not because we cannot predict about it. There are very few chance that it will happen in future. According to current market situation I don’t think it will happen in future. Most of the times it will never happen. Right now, people are mad about BTC. They blindly invested in Bitcoin. The total market cap of Bitcoin is tremendously increasing. If Bitcoin continues falling right now it will reach up to 8000$ then again it started rising.
sr. member
Activity: 756
Merit: 252
February 07, 2018, 10:01:41 PM
#90
I agree with post above. Way too much optimism still. I've been here and seen it all before, several times now. I would expect the price to crash here in the coming weeks... there will probably be a period of panic with the price falling below $1000 at least temporarily. People would be foolish to buy in at the current prices, because it's going to be a downward trajectory here for awhile.
The emotions of the people are running wild and with reason, the price of bitcoin is no joke and it keeps  as volatile as ever this creates great uncertainty so when things seem to go wrong the predictions from people tend to be very grim but when things go right the predictions can border the impossible with people predicting that each bitcoin will reach a value of 1 million dollars.
legendary
Activity: 3808
Merit: 7912
February 07, 2018, 08:17:29 PM
#89
BTC could go down to $5,000. What do you think?

As you can see, the depreciation of the Bitcoin exchange rate to $ 5,000 is unlikely. Bitcoin's exchange rate most significant fall is down to $ 7000. The fall in Bitcoin rates is so rapid that cryptos are continually facing negative news and bans from governments. Experts predict that in 2018 Bitcoin's exchange rate will reach $ 60000 and then fall to $ 1,000 by 2019.

 Who are the 'experts' making such predictions and what is it that makes them experts?
 
member
Activity: 238
Merit: 10
OPEN GAMING PLATFORM
February 07, 2018, 05:36:25 PM
#88
BTC could go down to $5,000. What do you think?

As you can see, the depreciation of the Bitcoin exchange rate to $ 5,000 is unlikely. Bitcoin's exchange rate most significant fall is down to $ 7000. The fall in Bitcoin rates is so rapid that cryptos are continually facing negative news and bans from governments. Experts predict that in 2018 Bitcoin's exchange rate will reach $ 60000 and then fall to $ 1,000 by 2019.
member
Activity: 193
Merit: 10
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February 07, 2018, 12:58:37 PM
#87
BTC could go down to $5,000. What do you think?

Possible but not going to happen since the price now seems to go green again. The dip lasted down to 6000 usd mark. I do believe it can stoop down more but the dip shook of weak hands and some of btc holdings are now in a much safer hands.
hero member
Activity: 1260
Merit: 500
In CryptoEnergy we trust
February 07, 2018, 09:17:59 AM
#86
I think that such scenario is possible. Nobody will tell you for 100% as everything will be because nobody knows actually. My assumptions the fact that it is possible, but in the long term everything will be favorable....
member
Activity: 98
Merit: 10
February 05, 2018, 06:34:50 AM
#85
This may happen.
hero member
Activity: 1246
Merit: 529
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February 02, 2018, 08:13:48 AM
#84
BTC could go down to $5,000. What do you think?

This is possible if this is the ultimate correction or the long awaited bubble that we are waiting to burst but i pray this is not. I believed that $8,000 to $9,000 is the most lowest price decrease as people will already buying of these amount in which Bitcoin is unpredictable that it might rise up suddenly lossing the opportunity to buy cheapest price at $9,000.

Well i wouldn't expect too much about that though dude since we're really plunging below 9k at the moment. And at this rate, a 5k scenario isn't unlikely. Everyone's losing their minds but the real traders would know all too well to just keep calm and let the market heal itself. Its a correction and no matter how low it gets, it will recover
jr. member
Activity: 84
Merit: 3
February 01, 2018, 08:03:30 PM
#83
Nothing is impossible in bitcoin, it could happen, considering last year bitcoin and its ranks had a pretty crazy rise, it's not impossible that bitcoin will return to the base price again. It's scary to hear bitcoin falling for $ 5,000, but if that's the case, then I have to get ready to put up a net to buy, I regret to sell it at a cheap price last time.
full member
Activity: 714
Merit: 100
February 01, 2018, 08:03:04 PM
#82
BTC could go down to $5,000. What do you think?

This is possible if this is the ultimate correction or the long awaited bubble that we are waiting to burst but i pray this is not. I believed that $8,000 to $9,000 is the most lowest price decrease as people will already buying of these amount in which Bitcoin is unpredictable that it might rise up suddenly lossing the opportunity to buy cheapest price at $9,000.
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
February 01, 2018, 07:43:51 PM
#81
BTC could go down to $5,000. What do you think?
Yes there's a possibility that bitcoin can go back at $5,000 cos we are at $8,700 this dawn. I'm keeping my finger crossed and this isn't going to stay any longer. I can't attain to see the charts at $8,000 - $9,000 as I'm even good with $10,000. But this is the reality that it can go further and the best thing to do is watch or buy but don't sell.
member
Activity: 126
Merit: 13
The internet > you
February 01, 2018, 07:07:13 PM
#80
Why not? It is possible

Indeed it is, but there are a lot of people who joined the crypto market at the end of last year. Those who bought in at around 8000 and haven't traded their BTC to USD since last week, they are not willing to sell below 8000 ofc. Probably someone put up a whole stack of BTC a little above 8000, and other people are either holding or stacking onto that atm.

On the other hand, this is also the time scammers have to get out, if they didn't get out already.
MMA
legendary
Activity: 1134
Merit: 1000
February 01, 2018, 06:45:34 PM
#79
BTC could go down to $5,000. What do you think?
I believe it could be happen since a lot of market observer said that it will drop alot this year. But i hope not to much. Because i still hoping it will rise back to 13.000$. This year blood bath on all coin being many investore on panic sell. Wish it will back to normal or many investor will loss their invest money.
It's hard to say what causes cryptocurrencies to go up or down on any given day. There are many reasons that adjusts its price like news from media, panic buying and selling which could results to affect its supply and demand. Bitcoin has already confirmed its power as mother of cryptocurrencies and I think sooner it will be soaring high again.
In different situation different reasons are causing the increase or decrease in the price of bitcoin. Currently i think some false news are wondering in the market which may be causing the price of bitcoin to dump a little but hope that this dump will not continue for a long time and the market will very soon recover its position. We need to give good support to bitcoin and not let the price of bitcoin dumping any more.
full member
Activity: 391
Merit: 100
February 01, 2018, 05:54:01 PM
#78
I think that bitcoin might go down, down to 5k usd I think. There is a chance, but I don't think that hard supports might be broken easily by these fuds and etc. I strongly believes that bitcoin will rebound now. Because the third box was highly expected for it to experience.
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