BTC to 5000$ before a big rise ? | Bitcointalksearch.org

kapalmabur

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Quote from: Lionel on January 08, 2020, 05:56:24 PM

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

In my opinion Bitcoin still has the potential to go down to $ 5,000, indeed today Bitcoin is able to break resistance and we will see $ 9,000, but selling half of your Bitcoin at this price will help you calm down a bit in trading

btc_angela

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Quote from: maydna on January 14, 2020, 01:26:37 AM

After watching the market now, I see that there is a big green candle happen with the market, so we can make a profit again after we waited a few days ago. Perhaps, the price will break $8500 or more, and then it will be back at the lower price. We hope that the price can increase more after hit $8500 so our profit will be bigger. But if the price cannot rise more, I wonder how deep the price will be down because sometimes, the down will be deeper than the last lower price. We need to prepare if the price is down too deep than the last lower price, and make sure that our money is enough to buy more bitcoin.

Well I'm really looking at the price to at least go back to $6k because I have funds to invest right now. But seeing the price goes to $8500? I will try to wait before I make my move. Of course I love to see the price goes up, but at the back of my mind, I'm still wanted to see the price somewhat more affordable to buy for average Joe like me.

Taskford

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Quote from: btccashacc on January 13, 2020, 11:11:18 AM

there must be something big going on that can cause bitcoin could drop to 5,000 and it usually happens unpredictably for example hacking or dumping by the whales, by the way, it's better to make your own research because what people say is not necessarily true and will happen.I guess we should Learn how to predict and make our own decisions even though is more difficult than listening to people's opinions.

Maybe something more bigger than hacking since the past hacking issue doesn't give any effect with the price status of the bitcoins but since the halving hype is on the road maybe it's really difficult to forecast a dump since the certain situation coming is on good state. That's why it's good to not panic on someone taught's since maybe they are trying to drag out and buy some bitcoins in cheap price and earn when good pump comes.

maydna

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After watching the market now, I see that there is a big green candle happen with the market, so we can make a profit again after we waited a few days ago. Perhaps, the price will break $8500 or more, and then it will be back at the lower price. We hope that the price can increase more after hit $8500 so our profit will be bigger. But if the price cannot rise more, I wonder how deep the price will be down because sometimes, the down will be deeper than the last lower price. We need to prepare if the price is down too deep than the last lower price, and make sure that our money is enough to buy more bitcoin.

ashmodeus

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For now , i just speculate about dumping before halving around 6000-6800 usd each.
And it cant be lower .
And u absolutely must believe it.

posi

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Quote from: CodyAlfaridzi on January 13, 2020, 03:17:08 AM

Quote from: Lionel on January 08, 2020, 05:56:24 PM

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? 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.

I havent read any forecast that claimed the price of bitcoin market to dump to $5K price range before the big rise but if you take a close check on the bitcoin market, the market usually experience a bottom price before the bull run market start.

Quote from: CodyAlfaridzi on January 13, 2020, 03:17:08 AM

What's the reasoning?

There are alot of dump in price of the market which can not to be prove or know the reason behind it.

btccashacc

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there must be something big going on that can cause bitcoin could drop to 5,000 and it usually happens unpredictably for example hacking or dumping by the whales, by the way, it's better to make your own research because what people say is not necessarily true and will happen.I guess we should Learn how to predict and make our own decisions even though is more difficult than listening to people's opinions.

Dart18

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A lot of that kind of analysts in Youtube.
I have seen them too.
They easily catch attention when you are always watching videos about crypto currencies.
They are always the next suggestion. Grin

I think there is a probability that it might happen. Whales might want it cheap and if they do they might really dump a lot just to make more bitcoin.
An old strategy but there is also a chance it might work since there are a lot of individuals who owns bitcoin now.

FairUser

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Quote from: kro55 on January 13, 2020, 06:43:39 AM

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.

So far there hasn't been any FUD in this market, the predictions of bitcoin going down to $ 5000 are unfounded and I think they are just trying to come up with something that is contrary to reality, and if it happens then they can become professional. I also hope that the price will not go down as they predicted, we are in an uptrend market and the price will definitely go up in the long term.

STT

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Stable at 8k because thats some resistance with a trend over medium term. I think that slight decline ongoing has some giving up their speculative long, that puts us back to test the 50 day average at 7500 area.
A small reset is reasonable, we can break upwards but quite often the price takes a running jump to clear a wall like this I guess.

kro55

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*STOP NOWHERE*

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.

samuraijin

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Quote from: Lionel on January 08, 2020, 05:56:24 PM

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

CodyAlfaridzi

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Quote from: Lionel on January 08, 2020, 05:56:24 PM

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.

Hallmader

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Quote from: Lionel on January 08, 2020, 05:56:24 PM

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.

Slow death

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Quote from: Lionel on January 08, 2020, 05:56:24 PM

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

Quote from: Lionel on January 08, 2020, 05:56:24 PM

Do you predict the same too?

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

alisonwonder

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Quote from: Baofeng on January 12, 2020, 03:37:07 PM

Quote from: Wexlike on January 12, 2020, 11:27:45 AM

Quote from: alisonwonder on January 12, 2020, 10:25:19 AM

Quote from: Lionel on January 08, 2020, 05:56:24 PM

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.

Baofeng

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Quote from: Wexlike on January 12, 2020, 11:27:45 AM

Quote from: alisonwonder on January 12, 2020, 10:25:19 AM

Quote from: Lionel on January 08, 2020, 05:56:24 PM

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.

coolcoinz

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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.

Wexlike

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Quote from: alisonwonder on January 12, 2020, 10:25:19 AM

Quote from: Lionel on January 08, 2020, 05:56:24 PM

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.

alisonwonder

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Quote from: Lionel on January 08, 2020, 05:56:24 PM

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.

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