Can Bitcoin go about the $5000 mark
Following the all-time highs set over the last week, bitcoin has been trading sideways for the last 48 hours, and prices are fluctuating in the $4,050 to $4,200 range.
The question everyone will be wondering now is, will the price go up or down when the next big movement kicks off? For that we'll just have to wait and see, but a Goldman Sachs analyst said, on August 14, that bitcoin could rise as high as $4,800 in the current bull market.
One cannot rule out the $5000 mark due to the high volatility in the cryptocurreny market and btc value changing more than $1000 in few days.
So just keep your fingers crossed !!
I think we will see the $5000 very shortly. The high prices are creating so much media attention the new people are still flocking into the market. The dips are quickly getting bought back up and I don't think the rise is going to stop any time soon :D
Agreed.
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STOPI am looking (hoping) for a pullback in bitcoin to the $3600 range before its ascent up towards $5000.
BTC will hit $5000 at some point...I think most agree that is a given.