Topic: Can Bitcoin price go down near $5000...? (Read 738 times)
I agree. I have read 3,00 and 4,000$ are the possible expectations. It's crazy! But time to scoop up at these prices.
Hardly if it keeps current value beyond Tax Sale day, due in two days. From that point on, if it reaches $8500 - $9000 then it might enter new resistance band.
Then again, Bitcoin, and the whole crypto market as a whole is still highly volatile..So there would be no definitive "Yes" or "No" answers to OP's question.
Then again, Bitcoin, and the whole crypto market as a whole is still highly volatile..So there would be no definitive "Yes" or "No" answers to OP's question.
It's possible. We can even see 1500-2000 USD. This won't be a surprise.
Bitcoin is in bear market, as well as other coins. We haven't seen the dip yet. Be patient to buy from the bottom.
Bitcoin is in bear market, as well as other coins. We haven't seen the dip yet. Be patient to buy from the bottom.
it looks like it will not happen for now, because the last support btc has been formed at rate & 7,000 and $ 7,500. if btc can break $ 8,200. then it will form a new resistant and we'll see
We will all likely have to use both gov fiat and crypto for years yet, BTC being the only real check and balance to government controlled money.
I expect governments to come out with an own cc. But it will take some years and they must make it much more user-friendly. My mom & pop could never use it the way it is bought + sold yet. I must add I come from a modern country in Europe with one of the fastest internet speeds + average iq worldwide. If they cannot mass adopt it, no one else can.
We will all likely have to use both gov fiat and crypto for years yet, BTC being the only real check and balance to government controlled money.
It can happen, because in the field of investment criptocurrency many big players are able to take advantage of the market situation decline by taking the opportunity to buy bitcoin in large enough quantities with the lowest price...
Now we can see the bear market, so it can happen.
But I believe that we will noot see such drammatic fall, because "big players" started to enter this market, and soon we will see other trand, which leads to the moon.
But I believe that we will noot see such drammatic fall, because "big players" started to enter this market, and soon we will see other trand, which leads to the moon.
In the cryptocurrency market, any thing is possible. Who would ever believe that bitcoin price would go from 19k to 6800? That's more than 70% loss of its all time high. Their has been many price predictions of recent that bitcoin could see 3,000-5,000k dollars.
I think the golden rule in this industry is to invest what you can afford to lose
I think the golden rule in this industry is to invest what you can afford to lose
very difficult to predict the bitcoin price movement lately. in the previous week many people who discuss the price movement of bitcoin akam back up even many who believe bitcoin prices will increase sharply, but in fact after a slight increase in the near future bitcoin prices again lowered the price.
First and foremost, no, I don't want the Bitcoin to crash. But I'm still looking at the different paths the Bitcoin price could take in the next months. One of those path is this: Bitcoin crashes to 1000$.
now btc is 6750 usd,it is very near 5000usd,btc can reach 5000 usd in this week,if btc can't be support i think btc can go down 3500 usd,now the whole market is very risk
I think it can happen, of course, because many big companies like google, facebook, and twitter are banning ico ads and do not support cryptocurrency anymore, especially now people are in a panic sell, so bitcoin prices are getting worse.
It can even get lower. No one really knows. I hope it will get down so I can buy more of it 
We see the continue downfall in Bitcoin price from last 3 months is there any possibility that Bitcoin price touch $5000 if this will happen I will invest for number of Bitcoin.
If Bitcoin may continue to fall below $ 5000 then you should not buy it. You may want to make the exchange at a high position, in such a way to exchange value of one Bitcoin two Bitcoins. If we are talking about technical analyis,yes it could fall below that price the last support levels will be at the $3.5k levels and $5.8k if i am not mistaken so it means if these support levels will be broke that could be bloody,that is why it is recommended to stick with the USD if the market is going to fail,technical experts says we should avoid and see what possible could happen.
I think the price around 5000 dollars per bitcoin will last very little time. Bitcoin is bought by many participants at such a good price
Yes, it most certainly can go down to 5k.
In fact, it can go down to 2k.
This is a speculative market in its infancy so anything is possible.
However, I personally don't believe it will go down that low, but I've been wrong before.
Investors have seen it skyrocket to 19k last december and have been holding out the last three months.
I think that when it gets down to 6k is when people will start buying up btc.
Collectively, I don't see people just letting it drop.
For me, I am planning on buying if it gets down to 6k.
If not, I am just holding like everyone else.
It has been a difficult 2018 so far, but always, markets rebound and this extended slump will only do us good in the end.
In fact, it can go down to 2k.
This is a speculative market in its infancy so anything is possible.
However, I personally don't believe it will go down that low, but I've been wrong before.
Investors have seen it skyrocket to 19k last december and have been holding out the last three months.
I think that when it gets down to 6k is when people will start buying up btc.
Collectively, I don't see people just letting it drop.
For me, I am planning on buying if it gets down to 6k.
If not, I am just holding like everyone else.
It has been a difficult 2018 so far, but always, markets rebound and this extended slump will only do us good in the end.
If we are talking about technical analyis,yes it could fall below that price the last support levels will be at the $3.5k levels and $5.8k if i am not mistaken so it means if these support levels will be broke that could be bloody,that is why it is recommended to stick with the USD if the market is going to fail,technical experts says we should avoid and see what possible could happen.
We see the continue downfall in Bitcoin price from last 3 months is there any possibility that Bitcoin price touch $5000 if this will happen I will invest for number of Bitcoin.
it can happen, because in the field of investment kriptocurrency many big players are able to take advantage of the market situation decline by taking the opportunity to buy bitcoin in large enough quantities with the lowest price so that the market price movements can go down quickly because big players can manipulate price movements in the market so that it can affect the market declining to the lowest point.
I dont think so. free fall in the $ 9000 figure is the last for bitcoin. Furthermore, bitcoin will not come down to the $ 5,000. now its price starts to rise and will continue to rise up to the price before and even higher.
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