BTC to 5000$ before a big rise ? - page 2.

ethereumhunter

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Quote from: kapalmabur on January 12, 2020, 08:49:59 AM

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.

royalfestus

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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.

killerfrost

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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

jhonjhon

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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

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.

Reid

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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. Grin

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. Grin

darkangel11

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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.

FIFA worldcup

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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

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.

kapalmabur

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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

alexsandria

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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

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.

Wysi

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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.

msarro

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Quote from: MURONDI on January 08, 2020, 06:40:42 PM

You should learn to analyze and do your own research, don't be easily influenced by other people's predictions, no predictions are 100% accurate, everyone will have different opinions about bitcoin analysis, in my opinion maybe the price of bitcoin will go down but not up to $ 5,000, in the 1 hour chart bitcoin shows a downtrend, but in the daily period the price shows an upward trend, You must do your own research, don't be influenced by other people's analysis including my analysis.

Always take crypto predictions lightly never follow them. Towards end of Dec 2019, chances were that bitcoin may go down to 6k$ or 5k4 but then came Iran/USA and we have a reverse trend that took price at 8k$. If you are in crypto then you need to keep your eyes and ears open and never follow any prediction.

merchantofzeny

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It's possible, we've seen lower last year but I don't think it'll drop that low with the price currently hovering around the $8k mark. It'll take massive amounts of manipulation to make it drop back to $5k.

So, let's just enjoy the current mini bull run and keep some money for buying just in case.

plvbob0070

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Quote from: karanggatak on January 11, 2020, 11:24:50 PM

it is very difficult to predict the price of bitcoin so I also don't know for sure whether bitcoin will fall at the price of $ 5k before decreasing by half or actually experiencing an increase before decreasing by half. if we look at the previous halving day bitcoin chart we know that the price of the bitcoin continues to increase before decreasing by half. I don't know if this will happen again or not. all I can do is wait and continue to observe the bitcoin price movements.

The difficult thing here in this field is to predict the different prices of different cryptocurrencies because we all know it is easy to predict but not all the time the prediction will gonna happen. There still a chance that bitcoin will fall again at 5000$ and if ever this thing happens some whales will gonna happy because they can now buy a ton amount of bitcoin then, later on, they will gonna sell it at a high price. Many people always monitor the movement of bitcoin and by the only blink of seconds, you can earn or lose a ton amount of money. But, this time let's see if bitcoin will gonna fall again at 5000$ because I also want to buy at that price.

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Quote from: Ferris419 on January 11, 2020, 11:34:13 PM

Actually, I don't think anymore that Bitcoin can go that low price from the current position! In December, I thought Bitcoin price will come to 5K USD before a big jump and it went to 6K USD zone but did not break the under 6K level! That's mean 6K+ zone was the lowest enough for Bitcoin and right now it's growing gradually! Bitcoin price can come under 8 or 7K USD again, but I don't believe it can go under 6K USD anyhow!

Dropping dip to in $5K is unrealistic for now I was also expecting it drop during the last Christmas as a result massive exchanging to Fiat to buy stuffs for the celebration as it is now the bull had taken over the market while recent dip stopped at $7500 couldn't breakthrough the support at that zone.

The Sceptical Chymist

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Quote from: MURONDI on January 08, 2020, 06:40:42 PM

no predictions are 100% accurate

Some are (by luck), but most are 0% accurate. As they say, even a stopped clock is right twice a day.

Quote from: fabiorem on January 10, 2020, 07:40:11 AM

Yes, its clear its going to visit 5k or even lower. In fact, it can go back to the 3-4k range.

I don't think that's clear at all. In fact I'd say that's completely wrong--but then again, my predictions are as good as anyone else's. I just don't think bitcoin is in for a fall of at least $3k right now, not after it's started to rebound from the summer's mini-crash. And I'm not sure what effect the halving has had or is going to have, but I'm guessing that people have started buying bitcoin in anticipation of it, which is why we've seen the price spike the way it has.

Quote from: exstasie on January 11, 2020, 03:29:15 PM

"Big rise coming, but first, the market is going to crash so I can buy in!" Roll Eyes

This type of sentiment is classic in nascent bull markets.

Yeah, there could be some of that, too. You really have to be careful about who you listen to when you're reading people's price predictions, and I think it's generally a good rule of thumb just to tune everybody out altogether.

Ferris419

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Actually, I don't think anymore that Bitcoin can go that low price from the current position! In December, I thought Bitcoin price will come to 5K USD before a big jump and it went to 6K USD zone but did not break the under 6K level! That's mean 6K+ zone was the lowest enough for Bitcoin and right now it's growing gradually! Bitcoin price can come under 8 or 7K USD again, but I don't believe it can go under 6K USD anyhow!

karanggatak

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it is very difficult to predict the price of bitcoin so I also don't know for sure whether bitcoin will fall at the price of $ 5k before decreasing by half or actually experiencing an increase before decreasing by half. if we look at the previous halving day bitcoin chart we know that the price of the bitcoin continues to increase before decreasing by half. I don't know if this will happen again or not. all I can do is wait and continue to observe the bitcoin price movements.

Shinpako09

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My thoughts of $5k has been gone already. Last month, I thought we're going to touch it but after how many times the price did bounce back at $7k, I believe it has a lesser percentage now especially the price is performing well this past few days. Don't always believe on what you read especially those bearish predictions it will just make you more confused or may lead into panic selling which is the worst thing you'll do. It's their own way so that if panic selling occur, they now have chance to buy at a cheaper while you are at loss.

rdluffy

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First of all, everything is possible, to 5k, 1k, 1kkk...
But I think it's hard to fall to this level of 5k at this moment because every dip people will start to buy thinking in this year that promises a lot to BTC, obviously the halving are a big event and all are expecting a big rise on BTC's price

exstasie

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"Big rise coming, but first, the market is going to crash so I can buy in!" Roll Eyes

This type of sentiment is classic in nascent bull markets. Traders are beginning to see the massive bullish potential in the charts but they already missed their entries in the $6,000s or $7,000s. So now they are convincing themselves there will be another chance to buy.

And they might be right. Chances are, it will turn out like this though:

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