I could not understand why there are those who are also in Bitcoin yet are predicting that Bitcoin can go as low as $3,000 or even $5,000 when a crash can happen soon. I am not saying that a dip -- a big dip -- will never happen but considering the things happening right now in the world of cryptocurrency, I don't believe that it can go as low as those figures.
Maybe if one day USA will decide to follow the footsteps of Japan in banning Bitcoin trading activities, then maybe it can be possible that Bitcoin can crash big time but even then it can still be able to recover fast due to people always waiting for an opportunity to buy Bitcoin cheaply.
Are you expecting Bitcoin to get so low once it crashed?
Like what happen in china that bitcoin was banned, the price fall in just one moment, bitcoin will fall if this is not good influence and not helpful to the economy. Maybe the bitcoin will fall due to illegal transaction done by the user, or it will crash if no one will buy and no one want to hold because of being crypto, we can geet this through online so there is possibility that will hack by the other, if the security is not strong. The people don't want to save