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Topic: BTC to 5000$ before a big rise ? - page 3. (Read 661 times)

sr. member
Activity: 1078
Merit: 354
January 11, 2020, 03:14:46 PM
#50
The thing with these price predictions is that they all seem reasonable because crypto prices move so much. BTC to $5k? Yeah, could happen. To $10k? Yeah, could happen.
The key is in differentiating between what could happen and what is likely to happen... Ultimately it's your own judgement, no analyst prediction can be taken as reliable.
legendary
Activity: 2016
Merit: 1107
January 11, 2020, 03:02:59 PM
#49
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

is there any reason to predict such a massive fall ?
and who is predicting  that , haven't seen such pessimistic online forecasts from analysts that are at least somewhat trustworthy and are not predicting random numbers just because they want to
for the price to go down 3200$ , aka almost 50% something groundbreaking has to happen
the times of "shaving" the noobs when a megawhale coordinated a massive sale of coins across the exchanges to cause a massive panic sell and rebuy cheaper have long gone
it would take too many coins sold to drop it to 5000$ and I highly doubt there are people willing to part ways with the coins in lew of halving , especially in huge quantities like that
my prediction , the price will stay in the 7000-9000$ corridor before and some time during the halving , slowly peaking as the time passes
legendary
Activity: 3248
Merit: 1179
January 11, 2020, 01:10:14 PM
#48
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 think the current price of bitcoin will not fall sharply to $ 5,000 before halving, on the contrary many people expect bitcoin to increase after halving and this year or in 2021 bitcoin will become more valuable, but that is only speculation and it is not certain it will happen in future

In one moment I thought it will dip to 6k, or lower, but looks like the price changed direction and now 5k and 6k look so far away. I strongly doubt that we will see bitcoin at 5k ever again, chances for that to happen are minimal, and even if it happens before the halving that will be temporary, look at that like a good buying opportunity, but only if it happens, in which I doubt as I said.
hero member
Activity: 1484
Merit: 516
January 11, 2020, 12:03:39 PM
#47
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 think the current price of bitcoin will not fall sharply to $ 5,000 before halving, on the contrary many people expect bitcoin to increase after halving and this year or in 2021 bitcoin will become more valuable, but that is only speculation and it is not certain it will happen in future
sr. member
Activity: 1400
Merit: 347
January 10, 2020, 07:40:11 AM
#46
Yes, its clear its going to visit 5k or even lower. In fact, it can go back to the 3-4k range.

I believe we will have a big bear trap before it takes off. For now, we are only having bull traps, with the usual fake rise and fake calls for FOMO.

Bitcoin price is being heavily manipulated. I dont trust even my own TA anymore. All those theories about waves, cycles and stuff are useless if we face the fact that the crypto market have the nature of a ponzi scheme. Those who adopted it earlier are making the calls, in the same way big speculators do with the stock market.

FA was also put into question after I saw the StF calculation being manipulated again. The StF line pointed to 100k at the first half of 2020, the new version points to 2021, proving that even the log scale is based on faith, disguised as "science".

We are at the mercy of the whales and they will decide if bitcoin will replace fiat one day. For now, I believe it wont.
sr. member
Activity: 2002
Merit: 250
January 10, 2020, 07:20:51 AM
#45
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 could happen, because if you think the whales will dump so they can buy at a cheap price,
and when bitcoin goes down, we will see the altcoin season, because altcoin is very cheap now to be able to benefit in the BTC pair later
sr. member
Activity: 903
Merit: 391
January 10, 2020, 04:20:26 AM
#44
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 am not a good predictor. I only follow how the stream bring me. I think if see a lot of people say bitcoin will dip to $5k then i have no choice to hold longer. There will be the time bitcoin price can get pumped and people who maybe bought at that price can get profit too.
You don't need to make a good prediction as long as your prediction help you to get the profit you want. It actually need some time to make use your prediction in the future so continue what you are doing because it helps not just today but for the upcoming days when you are trading.
Yes, believe by ourself although it is not good will be ok. Because we can't always rely on other people especially for trading and each people must get profit by their own strategy. For me, i only can hold and wait that is why i just follow the stream.
hero member
Activity: 1470
Merit: 509
January 09, 2020, 08:38:24 PM
#43
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 guess the price can go down to $6.5k, not $5k for now. Already a few days ago, the increase was expected to reach $9k and regress a little, and it was. After that, I do not know exactly where to go, we will see this as price continue to break the support. But, do not worry, we will see a better price until halving. Such decreases are normal before each increase.
sr. member
Activity: 1330
Merit: 326
January 09, 2020, 06:34:29 PM
#42
Remember that speculations will either a false hope or a reminder. We can't really know that it will hit down to $5k or even more at $3k before the halving event. Anything is possible under crypto world. But let me remind you that there are so many unexpected shortcomings and sideways. Everyone is speculating and expecting for the upcoming halving event. Last time I've remembered this same scenario stable price before huge pump. We can't really tell.
sr. member
Activity: 2506
Merit: 368
January 09, 2020, 11:58:32 AM
#41
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 am not a good predictor. I only follow how the stream bring me. I think if see a lot of people say bitcoin will dip to $5k then i have no choice to hold longer. There will be the time bitcoin price can get pumped and people who maybe bought at that price can get profit too.
You don't need to make a good prediction as long as your prediction help you to get the profit you want. It actually need some time to make use your prediction in the future so continue what you are doing because it helps not just today but for the upcoming days when you are trading.
sr. member
Activity: 903
Merit: 391
January 09, 2020, 11:47:20 AM
#40
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 am not a good predictor. I only follow how the stream bring me. I think if see a lot of people say bitcoin will dip to $5k then i have no choice to hold longer. There will be the time bitcoin price can get pumped and people who maybe bought at that price can get profit too.
legendary
Activity: 1890
Merit: 1003
January 09, 2020, 11:34:23 AM
#39
Generally, this type of statements have been analyzed with backtesting the previous market parabolic trends. The experienced traders trade what they see not what others advise. My personal prediction is the BTC price will cross $9000 in February and it will be traded between $7000-$9000 until halving. Another scenario is speculators play the game by buying the rumor and selling the fact.
sr. member
Activity: 2604
Merit: 338
Vave.com - Crypto Casino
January 09, 2020, 11:02:40 AM
#38
Don’t take advise from the internet when it comes to investing your money. you can learn the techniques but you won’t learn to be profitable. However, nothing has happened as a bull run at previous months of the previous halvenings. Price stayed flat, or even dropped until a couple months afterward, then shot up. It could happen this time too, or it could not. Learn how to read the charts so that you can understand what price did the previous halvenings and make decision.
To think that learning will help us right away is not right it still need some years of practice before someone could actually make a good profit on their own. People will only say what they think is right but it is you who can make the decision in the end. Although just learn the mistake of others so you won't be suffering what they have had experience.
hero member
Activity: 746
Merit: 502
Looking for advertising deal
January 09, 2020, 10:49:46 AM
#37
It seems like a good reset point for the sentiment in the market. If a lot of people are waiting for it then it has to happen like a self fulfilling prophecy, right? Everyone is waiting for this, every last rally failed pretty quickly, there is still no real use for it, so why would it grow now? My question would be if 5000 is the bottom or we go to 1-2k range before loooong consolidation and then another parabolic in few years future.
hero member
Activity: 2562
Merit: 586
January 09, 2020, 09:58:11 AM
#36
Looks like this was all for nothing, bitcoin went up without going down. The problem with the ideas of "bitcoin down before up?" is that if you think bitcoin will go up, so does others and if you think bitcoin will go down first but than go up later, you don't risk by selling and buying lower and than selling even higher, that is just too much of a risk, even if you honestly think price will go down than go even higher you just wait, most people do.

This is why bitcoin rarely ever goes down first than goes up, it just goes up directly, maybe minuscule small falls but not as huge as going down to 5k and going up to 10k starting at 7k type of huge moves, its more like 7.5k to 7k to 8k type of smaller moves that happens, and realistic that is kinda what already happened as well.
sr. member
Activity: 1120
Merit: 255
January 09, 2020, 09:37:44 AM
#35
Don’t take advise from the internet when it comes to investing your money. you can learn the techniques but you won’t learn to be profitable. However, nothing has happened as a bull run at previous months of the previous halvenings. Price stayed flat, or even dropped until a couple months afterward, then shot up. It could happen this time too, or it could not. Learn how to read the charts so that you can understand what price did the previous halvenings and make decision.
hero member
Activity: 938
Merit: 501
January 09, 2020, 09:32:53 AM
#34
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 in this market can make predictions about the bitcoin price when halving. There have been a lot of positive predictions about the price of bitcoin going up, of course we will see the same negative predictions. And our job is to wait until it happens, if you believe in this market and bitcoin then you can start buying from now and wait. If you do not believe, you can continue to wait in the future to be able to buy at a better price if the market collapsed.
legendary
Activity: 1638
Merit: 1033
January 09, 2020, 09:18:20 AM
#33
Maybe they predict based on the prediction of bitcoin prices before the first halving and second, because at that time bitcoin experienced a decline before halving. And for me it is natural because everyone has different predictions in facing the upcoming third halving, maybe I will also think the same as the previous BTC history when halving.

But all of that is actually still unpredictable, it could be my prediction and they were wrong. Yeah the market is changing so fast, so better let's see how btc is next.
sr. member
Activity: 1400
Merit: 269
January 09, 2020, 08:42:45 AM
#32
I have not seen any kind of news that BTC will comeback to that level but i've seen some people talking about it and it is most likely impossible for BTC to fall down back to $5000, $6800 is much more realistic but BTC coming back to $5k is just impossible. Although we might be seeing BTC dumping or dipping sooner cause by the CME futures gap, showing signs of a fall down and this gaps always get filled, so we might expect a short dip then proceed to $9.5k or another dump.
hero member
Activity: 1148
Merit: 504
January 09, 2020, 08:07:58 AM
#31
Why are many online price forecasts saying BTC will dip to $5k before the halving?

Because they want to affect your trading decisions that could be favorable for them. I suggest you stop depending on or listening to them. That could spell disaster to your trading portfolio. It is best that you learn how to analyze the market and make your own forecast.
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