Do you think we could see sub $1k prices at some point next year? I mean, is that even a possibility?
Thanks
Nope. Not a chance. If bitcoin crashes it will NOT go down to 3 digits, maximum 4 digits.
I think that the pump is still not over yet at this point and we'll see a lot more increases in price right now. It'll be rare to see days where bitcoin is going down a lot right now, and for bitcoin to crash down to 4 digits is a 50% or more deduction in price and that's not going to happen overnight.
Even if all of 2018 is bearish and all, i don't think 3 digits is possible still. It's just way too big of a fall.