Post
Topic
Board Speculation
Re: Bitcoin to get to $5,000 before end of this week!
by
jc89
on 09/10/2017, 12:37:43 UTC
I have seeing a very strong buying signal across most of the exchangers platforms and I think $5000 is already at hand.  Currently bitcoin's price is at $4607 and if we get another serious push again we may break the resistance at$4950 area. I have also See MACD and relatively strength index showing a very strong bullish momentum.
I don't think so. That's indeed something to look forward to but, Bitcoin is still recovering from the downfall which happened recently and given the fact that the hardfork is approaching, so dumps are also expected. Maybe after the hardfork pumps will be continuous and will make Bitcoin break the 5000-dollar mark before this year end and unfortunately, not this week or month.

I have to agree with you that we won't be seeing the 5K mark by the end of this week. Although it seems possible, but I think it's a little bit hopeful statement. I am expecting 5K on as early as end of the month but not later than 2nd week of November. And yes, we should also consider the coming fork to come. I'm not sure how will that affect the market but I am hoping for the best and that like what happened after the August hardfork same thing will happen after this oncoming fork and that is to reach another ATH.