Considering the tighter China regulations, the possible upcoming fork, and the rejection of the etf, could it be that bitcoin can actually go down to th $700-800 and settle there?
What do you guys think?
I'm thinking the same thing ~$800 could actually be the next price floor of bitcoin in the next upcoming months. I feel like there will be some dumping that might happen before or after the fork. This is just my 2 sats.
I feel that the price of bitcoin won't fall anymore. Possibly it will be standing above $1000 by the upcoming months. The reason is that bitcoin has the potential to withstand hard situations, because long back itself bitcoin have faced several such issues in its path.