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?
- Tighter china regulation and fud regarding PBOC investigation have already caused massive dump few months ago so i don't think it still have some effect on market.
- Rejection of the ETF by SEC is also an old news
- The only reason we can assume right now is the fear regarding possible dump after network split, but i don't think that gonna happen.
- I will be happy to buy back at $700-$800 range, but i don't think price can go to that level
