With all the money flowing in from blind investors and all these sudden massive increase in only a few days, are some a few scared it will crash?
I'm not saying go to 1,000$ but crash back to 10k?
And I know no one can predict anything... I'm simply asking for opinions...
The massive increase in the price happened last week, and with it, the correction. We went close to 19k and then last weekend the price went down to 13k-14k (that's $5000 difference).
We won't see 10k again unless a big crash happens (a 40% decrease in the price), which is very unlikely. I'd say the new floor is around the 16k mark (the price has been pretty stable at that price since monday) so from now on we can only expect to see the price going up/down with the usual fluctuation.
But worst case sceneraio, it goes down to 10k...so? that would be the perfect time to buy cheap coins before it jumps back to normal.
16k$ mark is not the floor price yet. I am sure that at some point it will go down lower than that price. 10k$ also is not the worst case scenario. I think the worst case scenario is that bitcoin will fall back to 6000$ but it is very unlikely to happen this year. I am sure though that like you said, if it evrf happens it would be the perfect opportunity to buy cheap btc before jumping back to normal. For now let's just wait for the end of the year maybe I am wrong and it is possible that price will go down before this year ends.