A lot of people on the internet believe that Bitcoin will drop to $ 4000. These are the same people who said in December Bitcoin would go to $ 24,000 or Litecoin will go to $ 750 in one week, back in December, but they were wrong. It went down in January instead. I have also seen the coins going up in Spring and stated also that there is new money coming in in April. Now we had the interferences by the Bankers and large volume sellers. We have manipulations in the market. I said Bitcoin will likely consolidate around the $ 9000 level for a couple of weeks and it is instead around the $ 7000-$ 8000 level going back and forth. Whenever it wants to go up, large volume sellers seem to manipulate the market so it drops and cannot go up. There are some things that can happen which are not predictable like free will of people where we see a temporary set back.
You have people they say in hindsight things like 'the market might to down drastically or 'it may take a while until they go up again' etc. after the fact. Then you have people who claim that they are Bitcoin millionaires and sell their courses online for a lot of money. It turns out that they are not Bitcoin millionaire. You have also people who claim they have predicted things but there is no evidence of such. It reminds me on the election season where I predicted a Trump victory and there were hardly any psychics who were accurate, but a lot of them then deleted their videos and claimed they said this or that without providing the evidence.
I have all of my predictions on video or in the comment sections where a lot of people remember that they are for real. I would never say 'i predicted this or that' when it was not true. I don't claim to know it all. But with predictions, nobody has all the answers, not me, not anyone else. Everyone has to make up their mind based on what they feel comfortable with.
Nobody knows anything for sure ever. There are many variables and sometimes people decide to do something they have not planned before; for instance large volume Bitcoin holders decide to sell and others found a way to manipulate the market.
Coming back to the Question: Will Bitcoin go down to $ 4000? I do not believe that. I do not see that and see it an impossibility. I see Bitcoin doing what it has been doing, going back and forth in this price range it has been between $ 7000-$ 9000. I will make soon a new prophecy to look more deeply into it. But I do not believe that people will be willing to sell Bitcoin much lower than it has been.
I see Bitcoin in a week at around $ 7400-$8000. I will look more deeply into it and be posting more numbers soon as well as a video. Stay tuned!
I would not buy into fear and so on and negative news. These people have been wrong in the past. Nobody can claim that they have all the answers, but I would not worry about it.
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