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Topic: Is there any chance to fall down BTC price at 5k again? (Read 703 times)

member
Activity: 183
Merit: 11
At least from my personal point of view, I do not think there are too many possibilities that bitcoin will fall to such low levels after the resounding fall that it suffered recently, as the price seems to have reached a point of equilibrium such that it has allowed to maintain itself with enough stability throughout the last weeks.

However, we must always bear in mind the great reactivity of bitcoin to the rumors, which in some cases has led to great movements of more than 30% in a few hours, as happened in September and November last year.

And if such an event should happen these days, at least for a few minutes the bitcoin price could eventually visit the $5,000 area at any given time.
newbie
Activity: 118
Merit: 0
Though none of us will like to see Bitcoin price going down bellow $6k to talk of $5k. I believe strongly that Bitcoin has pass through all the rough stages it went through and now we hope it appreciate in value in the coinmarketcap again.
legendary
Activity: 1834
Merit: 1036
I know that most of us here doesn't want to see Bitcoin to go back to $5,000 or below again but unfortunately we don't know what will happen next because every time a country announced something negative about Bitcoin, it will have an effect to the price. If a known personality (like Bill Gates and Warren Buffett made negative comment about Bitcoin, it will have an effect. If a known exchange site got hacked, it will have an effect. Possibility is Yes it could happen, but what I mentioned above happened already and Bitcoin price moved a little but recovered. If all I mentioned above happened in a week, that's a disaster.
member
Activity: 364
Merit: 10
The price of bitcoin is now so much dumping but it does not goes continuously down. But it will not go below 5k according to coinmarket.cap assumption. The price of bitcoin is going to increase in near future. So dont worry about this dump now. Just use this chance to buy bitcoin and hold the coin for long term. It will give more profit than you invest.
sr. member
Activity: 2366
Merit: 305
Duelbits - $100k Bonus/week
Nope, not at all. Bitcoin will no go to that much down and I have good confidence on it and even other crypto lovers won't accept your prediction of Bitcoin price fall to $5k. The currenct price of Bitcoin and the current trend is very healthy and the current trend is taking us to the new height of price within this year end.

When Bitcoin price was trending aroung $2k last year it went to $20k, just imagine what could be the price for this year comparing the current price.
full member
Activity: 812
Merit: 142
there is no reason that he behaved this way and fell to a mark of 5k if that's what happens, I think that not in the closest time

It seems difficult that it can even break 7k again now in coming days. So 5k is a long story only thing that can break is all the major developed countries say no to crypto currency which can turn out to be ugly for the crypto traders and investors and thus on selling the market would start to crash.
newbie
Activity: 182
Merit: 0
Bitcoin wont fall below 5 thousand dollars in the near future bitcoin strong base at 8000 dollars so below 8000 dollars is difficult to cross the line
member
Activity: 300
Merit: 10
there is no reason that he behaved this way and fell to a mark of 5k if that's what happens, I think that not in the closest time
hero member
Activity: 910
Merit: 509
Well ever since i joined this party of cryptocurrency i learned that everything is really possible to think that few months back bitcoin's price was at almost 20k usd, it's just a matter of when and if.
Definitely not, the price has seen and faced with sudden fluctuations but not as much as 5k dollar. I think this is not possible because as we go up and as the time passes by the value is increasing and the statement is getting invalid which is about the very small value of Bitcoin. The falling factor of Bitcoin is slowly reducing and becoming invalid due to the average price increase per year.
member
Activity: 392
Merit: 11
There is no chance bitcoin is coming back to 5000 usd again. The fact that bitcoin price is unpredictable doesn't means it can fall to such a level. Bitcoin should be 12000 to 13000 by now and the current 8000 usd is trading is it lowest form now, it is going to increase from there to 10,000 soon.
legendary
Activity: 1232
Merit: 1091
$5k of bitcoin is still good for me and no matter what, bitcoin will survive.

That's quite dramatic actually. Bitcoin did more than well even at levels far below $1000, so why should it be different when we reach $5000 levels? The only thing that might happen if certain miners aren't making profits, is that they will temporarily withdraw themselves, partly or completely. On the other hand, the lower difficulty as result of that will likely be a motivator for larger farms to fire up even more machines. Larger farms enjoy far lower operational cost per mined Bitcoin due to the frequency of them scooping up block rewards. Smaller miners don't have that advantage, and thus are the first to suffer from declining prices.
sr. member
Activity: 2044
Merit: 314
Vave.com - Crypto Casino
Is there any chance to fall down BTC price at 5k again?

I'm just curious, why do you want to know about it? you want to buy at this price of  $5000 or you want to know if the price will fall for you to sell with losses, because whenever the price falls has many thread with the same questions with these. about your question the answer is nobody knows, there were many analysts who these days made very optimistic prices forecasts and as you can see, prices fell so that means that no one can predict prices.

I also observed this, people reacts easily to the market and keep on asking the same question. We can predict the price but don’t expect that speculation will hapen because in cryptomarket only time can tell the answer. $5k of bitcoin is still good for me and no matter what, bitcoin will survive.
newbie
Activity: 112
Merit: 0
Is there any chance to fall down BTC price at 5k again?

I'm just curious, why do you want to know about it? you want to buy at this price of  $5000 or you want to know if the price will fall for you to sell with losses, because whenever the price falls has many thread with the same questions with these. about your question the answer is nobody knows, there were many analysts who these days made very optimistic prices forecasts and as you can see, prices fell so that means that no one can predict prices.

Usually when they say something positive about the coin the value of that coin goes up.
All of them (analysts) are paid for that stuff.
And btw it all goes in waves and now is the time for BTC to rise up again.
As many others have said before, probably another dip will follow around 9-10k mark but getting down to 5k again is highly unlikely.
legendary
Activity: 3234
Merit: 1130
Leading Crypto Sports Betting & Casino Platform
Is there any chance to fall down BTC price at 5k again?

I'm just curious, why do you want to know about it? you want to buy at this price of  $5000 or you want to know if the price will fall for you to sell with losses, because whenever the price falls has many thread with the same questions with these. about your question the answer is nobody knows, there were many analysts who these days made very optimistic prices forecasts and as you can see, prices fell so that means that no one can predict prices.
newbie
Activity: 140
Merit: 0
Now a days BTC price is too much dumping. But I have little bit knowledge from my perception BTC has great future and it will be considered another magical world of present world. I strongly believe that, at a time we can not think anything without the presence of BTC. So my perception BTC will be reached new value soon so it is time to buy BTC at a deep value I think you will be the millionaire. So, there is no chance to fall down it’s price again at 5k.
There are no people that can tell what exactly will happen in the future. So, BTC has a big chance to go at $5k again if there are FUDs that will surface in the next months but if none and we encounter good news about crypto then for sure BTC price will pump and it could reach $25k at the end of this year as they say.
legendary
Activity: 3080
Merit: 1353
Of course anything is possible in this market, so there's a chance that the price can go down to the $5000 mark. The last bottom we have is $6000-$6500 which we thought is never possible because the price grows to almost $20,000. But we already witnessed how volatile and sentiments can swing in an instant.

When the price reach out 9900$,I think the price will reach the new peak.But I get a shock,due to one whale the bitcoin price reduce to 8000$ and then due the holders the price reduce to 8000$ from 8500$.More whale use to buy huge bitcoin now.If they sell thousands of bitcoin,the price will move to 5k$.

Yes, that's one example how the market really operates. We are almost at the 5 figures again, and everyone was about to celebrate, but for unknown reasons, the market sentiments shift pulling to price to its current levels of $8000. It's a bit frustrated though, so there's always a chance of a big drop and everyone should always be prepared.
jr. member
Activity: 118
Merit: 1
Now a days BTC price is too much dumping. But I have little bit knowledge from my perception BTC has great future and it will be considered another magical world of present world. I strongly believe that, at a time we can not think anything without the presence of BTC. So my perception BTC will be reached new value soon so it is time to buy BTC at a deep value I think you will be the millionaire. So, there is no chance to fall down it’s price again at 5k.
even if there is a price very far from the market price suggested by the vendor. With the drop in Bitcoin prices followed by other digital currencies, there is a chance that the miner will sell a graphics card that will cause the price of the used graphics card to fall freely. But again, digital currencies like Bitcoin have a very free volatility because of the price of the digital currency purely based on market demand without any set up. In short within a matter of minutes the value of digital currency that you have will differ greatly. Not to mention the news that almost all Bitcoin will run out "mined" in the near future.
newbie
Activity: 112
Merit: 0
If bitcoin price falls down to 5k it can not recover for a couple of years. I do not think such thing will happen because this would be catastrophe not only for bitcoin but also all of the altcoins. There are great projects around and I can not believe all will suffer.

Exactly this.
Altcoins won't let bitcoin to drop. It's all connected. And by the way the majority of predictions say that it shouldn't go down this year.
sr. member
Activity: 574
Merit: 250
If bitcoin price falls down to 5k it can not recover for a couple of years. I do not think such thing will happen because this would be catastrophe not only for bitcoin but also all of the altcoins. There are great projects around and I can not believe all will suffer.
sr. member
Activity: 602
Merit: 255
When the price reach out 9900$,I think the price will reach the new peak.But I get a shock,due to one whale the bitcoin price reduce to 8000$ and then due the holders the price reduce to 8000$ from 8500$.More whale use to buy huge bitcoin now.If they sell thousands of bitcoin,the price will move to 5k$.
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