Re: BTC to 5000$ soon

Bitcoin will probably never get to 5000 imo. We're not even close to 1% at all, and if that were to happen, people would dump the price down to oblivion. There will always be a guy who dumps his bitcoin and kills the price. Of course I could be completely wrong and end up with a few thousand dollars in a few years. Only time can tell.

We now that the Bitcoin is not going to be around 5000 dollar because we are not even close to that so that means that a huge spike has to come by.

$5k will take long time its not easy to reach there in next few months, if adoption level goes to extreme level then we can expect that price in next 5 years.

Don't you guys remember what happened in the last halving? From $200 to $1000. Don't you expect something similar this year?

Of course we expect, but don't you think $5k is too high to expect in this short period, we also need to be realistic as I think maximum we can reach to $2k not more then that.

Well as quoted $5k is something unrealistic to see during these days. Bitcoin to the max touches 4digit number but this time won't go high than $1500 by this halving. Lets hope for a higher price on the next halving.