Topic: Will Bitcoin ever be $5,000 again? (Read 2093 times)
it seems like it will be very difficult because bitcoin prices are many that open buy orders at prices around $ 5500 so it will be very difficult to get down to more than that.
it looks like bitcoin will never fall to $ 5k again because I see bitcoin supporters have put up a bitcoin buy order at a price above $ 5500 so it seems very difficult to get down to $ 5000 again. if it does fall into the price it's better you buy as much as you can. but if you have bitcoin then all you can do is just hold it.
Many people may even buy a bitcoin when bitcoin drops so much size. But I think it can also be seen because the next month the bitcoin price drops and more and more holds their bitcoins.
When it comes to bitcoin you really cannot predict,there was a time when the price of bitcoin had a big rally over thousand and went down to quarter of that valuation and now the price touched twenty thousand and now it is half of that valuation,so if there is a big negative news the market might touch those valuation,but it is highly unlikely for now.
Good point. Bitcoin seems to move on it's own without any analysis backing it up so i don't think we can safely say that it won't touch 5k again. And the movement right now is quite slow though in a positive way so if there will be any correction, i doubt it will go to as low as 5k
When it comes to bitcoin you really cannot predict,there was a time when the price of bitcoin had a big rally over thousand and went down to quarter of that valuation and now the price touched twenty thousand and now it is half of that valuation,so if there is a big negative news the market might touch those valuation,but it is highly unlikely for now.
I don't think its going to drop to 5k but maybe 13k is possible again and again.
nowadays we are in range of 13-18 k usd and this will continue for few months.
It is really difficult to say it wont go,if there is a market situation that there is a major breach in the wallets or some kind of negative news,we might see a big dip in the price without a doubt,now we are starting to use the bech wallet and anything is possible,i am not saying it is a weak move,but you never know what will happen. nowadays we are in range of 13-18 k usd and this will continue for few months.
It will never go back again what goes up must comes down and yes there's a massive pump but the dip is such amazing here it wont come back again. I remember when bitcoin price is 2,000usd and right now it's far away from expected.
Agree, the price now has big difference from the past. For me this time the price will never comeback to $5000, because the reason of being popular now this in the market, the user of bitcoin is increasing and for sure in the future it will become so expensive.
Based on what we encounter in cryto-currency, bitcoin's price decrease but easily recover.
It will never go back again what goes up must comes down and yes there's a massive pump but the dip is such amazing here it wont come back again. I remember when bitcoin price is 2,000usd and right now it's far away from expected.
In this day there was a moment where bitcoin was below 10k but since then it has recovered and now it is above 11k the FUD has been very strong in the last days and this has been a problem for many of us but at the same time this has showed that a lot of new people got in bitcoin and now are panic selling.
Yes. Those who just entered in this world are now in panic but those who have been here for quite some time are enjoying the current SALE of bitcoin and altcoins. I remember same time last year when bitcoin reached its ATH from December to early January (if I remember it right) and then start to fall in the 2nd week of January but then, what happened, it recovered that maybe no one has ever expected.
In this day there was a moment where bitcoin was below 10k but since then it has recovered and now it is above 11k the FUD has been very strong in the last days and this has been a problem for many of us but at the same time this has showed that a lot of new people got in bitcoin and now are panic selling.
Yes. Those who just entered in this world are now in panic but those who have been here for quite some time are enjoying the current SALE of bitcoin and altcoins. I remember same time last year when bitcoin reached its ATH from December to early January (if I remember it right) and then start to fall in the 2nd week of January but then, what happened, it recovered that maybe no one has ever expected. As volatile as Bitcoin can be, anything is always possible. For all we know, it could spike to $20k, but correct to as low as $5k.
It is very unlikely that is going to happen anytime soon or at all, 5k is a price that is simply too low if that happened there is going to be a rush to buy bitcoin at that price and that will make the price go higher in a matter of days or weeks, so a price like that is unsustainable.As volatile as Bitcoin can be, anything is always possible. For all we know, it could spike to $20k, but correct to as low as $5k.
It is very unlikely that is going to happen anytime soon or at all, 5k is a price that is simply too low if that happened there is going to be a rush to buy bitcoin at that price and that will make the price go higher in a matter of days or weeks, so a price like that is unsustainable.Falling a little below $10,000 won't be a big deal since we had been above that mark only for a month or two. If you bought your coins at higher prices, you may have to wait till Bitcoin rebounds massively. This happened in the past many times, so why should this time be different? In 2013-2014 Bitcoin crashed nearly 6 times but it still fully recovered in less than 3 years.
But maybe waiting for a couple of years is not your thing either.
As volatile as Bitcoin can be, anything is always possible. For all we know, it could spike to $20k, but correct to as low as $5k.
It is very unlikely that is going to happen anytime soon or at all, 5k is a price that is simply too low if that happened there is going to be a rush to buy bitcoin at that price and that will make the price go higher in a matter of days or weeks, so a price like that is unsustainable.As volatile as Bitcoin can be, anything is always possible. For all we know, it could spike to $20k, but correct to as low as $5k.
It is very unlikely that is going to happen anytime soon or at all, 5k is a price that is simply too low if that happened there is going to be a rush to buy bitcoin at that price and that will make the price go higher in a matter of days or weeks, so a price like that is unsustainable. nobody knows how much it will be worth, but i dont think that it will drop to $4500 or $5000 again, we are on the next level right now, and we are so close to the $5500 mark, why would it drop that much? it is not possible at all because a lot of people would be afraid of that and would dump all their coins.
But i really hope to see bitcoin over $6000 again, this is going to be a very nice christmas present for myself haha.
from my knowledge and experience about bitcoin of three years. I think that price of bitcoin will never be $5000 again in the future because now a days the price of bitcoin is $13000 and this price will countinously increase in the future so there will be no chance with bitcoin to fall a very big amount and reach to $5000 . Now a days the number of user of bitcoin is countinously increases day by day which affect the price of bitcoin and price will not fall down. But i really hope to see bitcoin over $6000 again, this is going to be a very nice christmas present for myself haha.
I don't think its going to drop to 5k but maybe 13k is possible again and again.
nowadays we are in range of 13-18 k usd and this will continue for few months.
It seems to me that this topic is simply obsolete and we have long since passed this milestone when the price for bitkoyn was $ 5,000. If we have already seen a maximum of 20,000 dollars, then the difference can not be more than 50% of the value, that is, not lower than $ 10,000. nowadays we are in range of 13-18 k usd and this will continue for few months.
I don't think its going to drop to 5k but maybe 13k is possible again and again.
nowadays we are in range of 13-18 k usd and this will continue for few months.
nowadays we are in range of 13-18 k usd and this will continue for few months.
I think it has no chance of getting down to $5,000 again right now. It didn't even touch $10,000 on its previous dump. So for me it will be so hard to go down to $5,000 unless there will be no major issue happens on Bitcoin.
I believe Bitcoin will go under $5000 again.
If you take a look at Bitcoin's trajectory, we see 3 major bubbles; at 266, 1200, and 20k respectively. The 1st two bubbles were semi engineered by MTGOX. The recent bubble was attributed by Tether$, as well as publicity.
The lack of regulation counterfeits the price movement of Bitcoin. Bitcoin will be kept honest when real regulation arises.
If you take a look at Bitcoin's trajectory, we see 3 major bubbles; at 266, 1200, and 20k respectively. The 1st two bubbles were semi engineered by MTGOX. The recent bubble was attributed by Tether$, as well as publicity.
The lack of regulation counterfeits the price movement of Bitcoin. Bitcoin will be kept honest when real regulation arises.
But it doesnt seems it would happen, but recent crash made me believe anything can happen.
What you really believe in? It is impossible or it will? I personally don't want it to happen but there is a chance that bitcoin can go $5,000 or even lower. This is how he reacts when everybody is starting to put massive sell orders on most of the exchanges.Remember that bitcoins are driven merely by supply and demand, if there isn't enough demand to sustain the current price of bitcoins then likely it could possibly drop back to $5,000. Though right now, in my opinion, I don't think it is possible anymore. With the recent increase in attention it has gotten and the increase in the number of users, I think demand is already there. The question is, until when will the traders hold out and start buying again.
Futuristically speaking, bitcoins is something that could possibly replace the current fiat. It has demonstrated that value can be created online without the need for a centralized authority. This is just proof that the world is changing and transitioning to a more global and open world where there are no boundaries. If bitcoins gets more traction, likely the price will eventually still shoot up and $5,000 will never be a reality any more.
We all knew that mere fact about bitcoin running over supply and demand and if there's no more supply and people are starting to keep on selling then there will be that much supply in the circulation that will lead bitcoin to start getting back to it's previous price. But I'll take against with what you've said with the future that bitcoin could possibly replace the current fiat.
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