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Topic: BTC TO 5K$ soon - page 6. (Read 901 times)

sr. member
Activity: 1092
Merit: 256
Leading Crypto Sports Betting & Casino Platform
January 02, 2020, 08:17:38 PM
#13
For last 6- 7 months btc price was around of 7.5k$ , now this support level is no longer, that mean btc is ready to dump hard.
There is small marginal drop in the price. This might continue for a short, or it can be just a fluctuation. Just on falling low to $7000 we doesn't need to loose hope that it has begun to dump hard. Even if there happens something likewise it'll easily pump back. From what I see it looks like the market is getting ready for pump to $9000 - $10000.
legendary
Activity: 3528
Merit: 7005
Top Crypto Casino
January 02, 2020, 08:13:03 PM
#12
Am I alone here in not putting any faith whatsoever in these so-called support levels?  They seem like random numbers chosen out of a hat, and I've seen enough instances of prices crashing right through them to realize that they really shouldn't mean much.

So bitcoin started off the new year dipping below $7k, big deal.  It isn't like it was in the $8-9k range previously; bitcoin was at $7200 just a couple of days ago.  No need to (or justification for) start calling out lowball price targets just because of this.  This is just normal market fluctuation, that's all.
sr. member
Activity: 1106
Merit: 252
Dextrust.org #Defi
January 02, 2020, 08:02:40 PM
#11
For last 6- 7 months btc price was around of 7.5k$ , now this support level is no longer, that mean btc is ready to dump hard.
I don't think so , https://www.bitcoinblockhalf.com/ 13 May 2020 21:19:53 Bitcoin halving day.
This is good news for Stake holder bitcoin because reward miner cut 50% .
legendary
Activity: 1424
Merit: 1008
January 02, 2020, 07:49:19 PM
#10
For last 6- 7 months btc price was around of 7.5k$ , now this support level is no longer, that mean btc is ready to dump hard.

We know that current situation about crypto market because it is really bad now. maybe anything can possibly  in crypto market but I hope that Bitcoin price never going to back 5k mark again.
copper member
Activity: 110
Merit: 2
Total Exchange (TEX) and Luxury Ledger (LXRY)
January 02, 2020, 07:34:46 PM
#9
You need a supportive analysis to validate your hunch. Please describe in detail your thought process...
legendary
Activity: 4466
Merit: 3391
January 02, 2020, 07:29:08 PM
#8
For last 6- 7 months btc price was around of 7.5k$ , now this support level is no longer, that mean btc is ready to dump hard.

Anyone can post their hopes or their fears, but the post is worthless without any supporting analysis.
legendary
Activity: 2436
Merit: 1362
January 02, 2020, 06:57:45 PM
#7
For last 6- 7 months btc price was around of 7.5k$ , now this support level is no longer, that mean btc is ready to dump hard.

Are you one of those people who thinks the price of Bitcoin is always
going lower?

the people who dont buy now but wait for $5,000 and if it reaches that dont
buy in the belief it will go lower again.......and when it goes to $9,000 complain that
you should have bought it when it was $7,000
hero member
Activity: 2156
Merit: 531
January 02, 2020, 06:39:48 PM
#6
it looks like whale has come and will take a correction now somehow maybe this condition will attract the attention of the public regarding halving too ,but I would not estimate prices to fall at 5,000 of course there are reasons that other investors might maintain resistance at 6,000-7,000
hero member
Activity: 3150
Merit: 636
DGbet.fun - Crypto Sportsbook
January 02, 2020, 06:35:51 PM
#5
Possibly or possibly not.

Yes, we really don't know what the future brings, so maybe, maybe not. No one has the crystal ball here.

We have seen support broken at certain levels though, so there's no surprise here. We have been trading sideways @$7-$7.5k, so probably just a break out below that, but I'm sure we will bounce back. I haven't check the news that cause this dump, so let's see if we are heading to $5k or will it head back to $7k.
Expect it that the news will cover again this small dip that we've got.

The price that went down a bit from $7,000 to $6,900 is already a cover to them but it's also them again that will find a reason to attach this motion that we have lately. And another opportunity for those who are saying that they are waiting for bitcoin to go under the price of $7,000. These swings became normal to us so yeah, no longer a surprise.
full member
Activity: 821
Merit: 101
January 02, 2020, 06:30:02 PM
#4
For last 6- 7 months btc price was around of 7.5k$ , now this support level is no longer, that mean btc is ready to dump hard.
this might happen soon as there is no sign of bulls. If btc will drop $5k  it will be good cause it will eliminate all the scam projects, projects that is only alive because of thier star founder, but the truth thier project has no use cases just a pump and dump coin.
hero member
Activity: 2632
Merit: 833
January 02, 2020, 06:19:29 PM
#3
Possibly or possibly not.

Yes, we really don't know what the future brings, so maybe, maybe not. No one has the crystal ball here.

We have seen support broken at certain levels though, so there's no surprise here. We have been trading sideways @$7-$7.5k, so probably just a break out below that, but I'm sure we will bounce back. I haven't check the news that cause this dump, so let's see if we are heading to $5k or will it head back to $7k.
hero member
Activity: 3150
Merit: 636
DGbet.fun - Crypto Sportsbook
January 02, 2020, 06:07:33 PM
#2
Possibly or possibly not.

This is crypto and every price indication is possible and every support won't stay for long. We can see a dump soon or pump at any time.
jr. member
Activity: 225
Merit: 6
January 02, 2020, 05:36:46 PM
#1
For last 6- 7 months btc price was around of 7.5k$ , now this support level is no longer, that mean btc is ready to dump hard.
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