Quote from: heroic25 on February 17, 2018, 10:29:09 AM

yes there is prediction that price may go down to 5k$ around 2 weeks ago I also asked the question in this forum about bitcoin price I also got the reply that it may go down to 5k$. you can check it on https://bitcointalk.org/index.php?topic=2804767.msg28689877#msg28689877

It may goto 5k and it may goto to 25k because either is possible Cheesy

We have to guage the probability of one occuring before the other but either event is decided by supply and demand. I look at the charts and see we break a simple trend of decline since the all time high, that alone makes me more bullish. It means regular selling is no longer occuring, some might have stayed away or sold early may now reenter the market.

I'd just go by experience and say 5k is less probable now then when you originally stated it, that time has past. A new forecast must be made as we entered into newer trends then the simple decline of the last month or so.