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?
Yes, i definitely think that bitcoin is in a bubble right now. The price is too high for no reason in my opinion, even after the ETF was rejected and there are rumors of a hard fork(actually not rumours now but rather a very real probability that there will be a hard fork), the price has stayed almost the same.
Id rather see bitcoin at a $800 level than at a $1000 level right now, that would reflect that the bitcoin price isnt inflated.
But still, i dont mind having a chance to sell expensive coins
Ill sell now and buy back later.