Post
Topic
Board Speculation
Re: 'Bitcoin will run up to $5,000 by May'
by
arpon11
on 11/03/2019, 07:56:39 UTC
Ok, it's time to listen from another experts here.  Grin

Quote
A crypto trader and analyst, going by the Twitter handle @filbfilb, produced another chart which claims that Bitcoin will experience a bullish run up to $5,000 by the month of May.

https://www.chepicap.com/en/news/8016/-bitcoin-will-run-up-to-5-000-by-may-.html

I don't know maybe he is a user in this community. $5k though is within reach short term as compare to those so called experts claiming that bitcoin will go higher than 5 digits this year.
I am thinking this predictions may happen before may 2019. Bitcoin needs to break $4150 resistance area for it to resume in it upwards movement and for the most longest bearish trend to be over.  If the current trends that we have been witnessing since last week persist then we should expect bitcoin to break reach $5000 before end of this month and if it falls back below $3700 then it might not get to $5000 before may as bitcoin will witness another bearish momentum that might push it below $3000.