I'll be watching the hourly charts with great interest over the next 24 hours, as I'm sure all of you will be too. As others have said, there will likely be a selloff now that the price has been flirting with that psychological value that had people thinking, "when it hits $5k, I'm going to cash out!", as has happened previously. How much it drops will be interesting to see, and even more interesting will be how fast it recovers and how much it will increase from there.
Bitcoins will be 5k dollars within this week but I am not planning to cash them out. Firstly, the prices are still going to rise and secondly I don't have any particular need for it. Maybe there will be a dip if people withdraw their bitcoins but I am not afraid of it
Today is Sunday and Bitcoin still do not breakout barrier price at $5,000.
Therefore, it has been dumped by shorter and trader want take profit.
But I believe in next week, Bitcoin will recovery to $4,900 and test breakout again.
It will not be easy to touch that price in quick time and price is moving down so may be we need to wait longer to see that price but I don't think there is anything to worry as sooner or latter bitcoins will achieve that price and only thing we need to have a patience to hold our coins till it reaches there.