Hey everyone,
Bitcoins just crashed to 5.7k, I think this is the breaking point of most people and they will panic sell.
Because of the panic sellers I assume it's gonna drop even more, do you guys agree or do you think it will stabilize any time soon?
I think if this should be the bottom of the bitcoin itself. Many people say about that. and I will not believe about the bitcoin will be below $5k in the future, This day the bitcoin cash gets hardfork and waiting for the result of the hardfork itself. the bitcoin cash will be so easy to mine and there will be more supply goes to the market after the fork. Bitcoins just crashed to 5.7k, I think this is the breaking point of most people and they will panic sell.
Because of the panic sellers I assume it's gonna drop even more, do you guys agree or do you think it will stabilize any time soon?
Everytime bitcoin goes down it breaks ATH afterword. I regret not accumlating bitcoin before last bullrun but this dip is a good chance. Bitcoin got a whole team of devs constantly improving the codebase where bch is owned by the mining cartel. Whoever put money into bch deserves to get rekt by dump if they think there was no risk. I imagined there will be other forks of bitcoin in the future by Jihan wu and roger for more cash grab. Which means better get some bitcoin now before segwit2x is up again and pushes bitcoin to 10k.