Personally, I think the bitcoin value will not touch the 5k mark. Because, the bitcoin value is proportional to the popularity. But if bitcoin and the market go down too long, it can seriously damage the confidence of consumers and investors like us. According to my guess, the bitcoin value will fluctuate at 5k5-6k in April.
Topic: I believe BTC is going to trend down to $5,000 whats your thoughts - page 2. (Read 880 times)
April 06, 2018, 12:57:10 PM
April 06, 2018, 12:48:36 PM
great comments all, they are appreciated. you guys have a great weekend !
April 06, 2018, 12:22:58 PM
In my opinion it will still here and again go up but not in weeks may be in July or august 2018 as some decision is still pending by G-20 countries which will be discussed in June or July 2018.
April 06, 2018, 12:19:07 PM
Yes it looks like because of the gradual decrease in the currency, even some other coins are making it.
April 06, 2018, 12:14:27 PM
In a situation that is now quite possible on the market, the price will fall to the level of 5000 $. This is a hard time for everyone. However, I hope that this will not happen and the market will soon be green. But predict what will happen is not easy.
April 06, 2018, 12:06:37 PM
That may happen and the price can go even deeper, but I don't think that other coins can compete with Bitcoin.
When Bitcoin's price fall all the cryptocurrency market become a blood bath. Bitcoin is the dominating coin with 45% dominance right now.
Predictions are contradictive, some, are like you, expecting the price to keep falling, while others expect it to grow (expecting it to hit 100k$ before the end of 2018).
When Bitcoin's price fall all the cryptocurrency market become a blood bath. Bitcoin is the dominating coin with 45% dominance right now.
Predictions are contradictive, some, are like you, expecting the price to keep falling, while others expect it to grow (expecting it to hit 100k$ before the end of 2018).
April 06, 2018, 11:32:17 AM
Probably more realistic than the people who are predicting it will go to $18,000-$20,000 this month.
April 06, 2018, 11:09:18 AM
Hello everyone, I think bitcoin will not be allowed to fall to 5000. Mineram will be unprofitable to mine bitcoin. People with big money regulate the market
April 06, 2018, 11:05:38 AM
IMO BTC is going to continue to trend down and settle around a range of $4,500 to $5,500 at a new psych level. Reasons are slow adoption world wide from other countries than Japan and growing competition from alts.
So far current price is @ 6.6k+ close to your forecast and if ever your foecast is true probably majority of new investor who bought @all time high will sold their bitcoin to avoid bigger loss. so many are dis appointed for the btc price but the are lot also who are enjoying to accumulate at the curreny price. 
April 06, 2018, 11:05:16 AM
are not . It certainly will not drop to $ 5,000. I found that the bitcoin price fluctuated at a low level of $ 6,000. The market will soon turn green after prices have dropped to $ 6,000. Because this is a good opportunity for many investors to buy into bitcoin and its value will increase again. I have witnessed this happen many times this year.
I don't believe that bitcoin will gonna go down to $5000 as I believe that this second quarter and ahead it will go up and will eventually go high and will repeat the history from last year if we will just continue to become positive with it, it will come true. 
April 06, 2018, 10:54:26 AM
are not . It certainly will not drop to $ 5,000. I found that the bitcoin price fluctuated at a low level of $ 6,000. The market will soon turn green after prices have dropped to $ 6,000. Because this is a good opportunity for many investors to buy into bitcoin and its value will increase again. I have witnessed this happen many times this year.
April 06, 2018, 10:34:45 AM
For everyone saying that the problem lies on the rise of altcoins, sorry but I don't entirely agree with you.
Yes, it dissipates people's investment but does it ends with that? Wouldn't you look on the pros that altcoins brought to Bitcoin?
For ex. did you think ETH didn't bring attention or investments to cryptocurrencies? (bitcoin)
Come on people, this is a market. There is always an upward and downward trend.
Yes, it dissipates people's investment but does it ends with that? Wouldn't you look on the pros that altcoins brought to Bitcoin?
For ex. did you think ETH didn't bring attention or investments to cryptocurrencies? (bitcoin)
Come on people, this is a market. There is always an upward and downward trend.
yes for sure, even though many of these alts can stand alone I'm just speculating on BTC price for now and how that effects the overall market. I have no doubt this market will rebound and will play it as it develops
April 06, 2018, 10:24:53 AM
For everyone saying that the problem lies on the rise of altcoins, sorry but I don't entirely agree with you.
Yes, it dissipates people's investment but does it ends with that? Wouldn't you look on the pros that altcoins brought to Bitcoin?
For ex. did you think ETH didn't bring attention or investments to cryptocurrencies? (bitcoin)
Come on people, this is a market. There is always an upward and downward trend.
Yes, it dissipates people's investment but does it ends with that? Wouldn't you look on the pros that altcoins brought to Bitcoin?
For ex. did you think ETH didn't bring attention or investments to cryptocurrencies? (bitcoin)
Come on people, this is a market. There is always an upward and downward trend.
April 06, 2018, 10:06:39 AM
IMO BTC is going to continue to trend down and settle around a range of $4,500 to $5,500 at a new psych level. Reasons are slow adoption world wide from other countries than Japan and growing competition from alts.
I think now the currency price already very low, it will stop falling, I don't think the currency will be lower than the price of $6000, if when the currency price down to below $5000, it was a disaster for the whole encryption market, people will leave because of panic selling all encryption currency encryption market April 06, 2018, 10:05:15 AM
I second that. While some of you might see it as sluggish, it actually confirmed the bottom at 6k
I promise you the price will be in the $2000 region by the end of the year
this is positive and blockchain technology is likely to replace the financial system in the World.
Yes blockcahain can help goverment include stake holder to make all the system transparent.
Bank also already implement blockchain technology so no reason for us to ban or not accept blockchain as really good system.
April 06, 2018, 10:01:48 AM
IMO BTC is going to continue to trend down and settle around a range of $4,500 to $5,500 at a new psych level. Reasons are slow adoption world wide from other countries than Japan and growing competition from alts.
The alt coins had really ruined it for bitcoins. Now all the crypto investment is scattered among all the coins and bitcoins is suffering because of this. We should have a limited number of coins so that more people are benefited.
yes you get it
there are some great utility coins however that have emerged from this tech. April 06, 2018, 09:57:48 AM
It's strange how every time when the price comes around 6000$ speculations about price going down under 5000$ begin. Everthing is possible, I don't say but to my opinion curently market doesn't seem like falling deeper down. Actualy I would say that price will stay somwhere between 6000$ and 7000$ for a while.
well I had posted this when it was $8,600 to $8,700. I hope it does stay around 6k to 7k but that news out of India isnt going to help
April 06, 2018, 09:54:35 AM
Nooooooo..... I strongly believe it will go up!
April 06, 2018, 09:51:09 AM
IMO BTC is going to continue to trend down and settle around a range of $4,500 to $5,500 at a new psych level. Reasons are slow adoption world wide from other countries than Japan and growing competition from alts.
The alt coins had really ruined it for bitcoins. Now all the crypto investment is scattered among all the coins and bitcoins is suffering because of this. We should have a limited number of coins so that more people are benefited.
April 06, 2018, 09:46:52 AM
I believe that bitcoin price will rise up and lead all cryptocurryncies all over the world. Nothing can defeat bitcoin even its price get low.
Exactly. in bitcoin cryptocurrency nothing counterbalance what else beats the bitcoin. I dream of bitcoin will reach $ 50,000. all bitcoin lovers will feel happiness, without regret Jump to: