Haha only idiots hold , smart people sell during peaks
How can you say that those holders are idiot when in fact most of them are crypto millionaires or billionaires now? Even 50 Cent made tons of money today by just holding on his bitcoins as payment for his album in 2014?
Using the values noted by OP and projecting is on recovery from $5500
A 1000%-3000% increase is well within the possibilities and on the pessimistic side.
I predict the next ATH will be around $55k and even upwards to $165k
I think we already witnessed how bitcoin really recovered from such crashes and then goes up touching new all-time-highs. Technically, any price prediction is really doable. No one can even thought that bitcoin can hit $19,000 but it did. I also see bitcoin hitting $50,000 this year. But we really need to be patience here. Its just the beginning of the year and bitcoin still have a lot of aces under the sleeves. I don't fear this crisis, what I fear is that what you all gonna do with all your money when bitcoin rebounded and hit $50,000 ++ down the line.
