I had a limit order in at $5520 but I've just taken it off because the price is falling so quickly. I want to increase my stash of BTC but want to be able to buy as much as possible.
If it goes through $5000 I think it could well go to 4300
I would start buying it at $4,000, but it's not likely to happen soon. Thus it's like my dream. The price is very stable above $5,000 and even the correction waves, that wall and support line were not destroyed yet.
I think the pattern won't change a lot in 2018 as well.
Yes it is very unlikely to happen that the price of Bitcoin will go back at below $5000 and even $4000 mark, not unless there is something bad happens with Bitcoin and when there is I think it will be more less than that, this corrections in price that recently happened must be the buying point for all off you if you really want to invest more on it as I think it is already stabilizes at this point of time.
We all can speculate all day though but also think of the fact that Bitcoin always goes up in price since last year so better trust it or regret not buying/investing at all.