Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
BTC is going to correct to sub 1000 in the next 2 years. Mark my words.
How is that helpful? There are numerous such posts dating back to 2015, none of which came true. Not to mention various ducks and cockroaches preaching about the imminent Armageddon...
Personally, the money I've invested in Bitcoin is money I can afford to lose (in fact, I consider them already lost), so whatever happens, let it come.
For the time being I'm HoDLing. Trading is not for me. Too much stomach-ache...
I'm with him. I think we will fall deep at least once more. This Bullrun is pure epicness. But i don't really believe that 7000$ is the new floor which can hold for months of sideways. At some point we will not rise anymore. Bitcoin (and crypto) will become "boring" again. And then we will slowly deflate. If we really hit sub 1000$ nobody knows. But for every rise there is a fall.
// Btw: in 2015 the price was actually sub $1000, going down to $150 in january.