Hey guys, i think bitcoin will go down again to 1k usd below because it always crashes.
Reasons are as follows for bitcoin as well as altcoins
1. Bitcoin has already made its first impression and its bad and it will stay like it forever
its just a pump and dump coin which is not a real currency that's why it is considered an Asset and not a currency
2. Blockchain Technology is good and it came from Bitcoin along with
But it is not enough reason why bitcoin and other crypto should moon
Its a great idea actually but there are so many scams and very little adoptation
and please don't tell me that crypto is still young. its been here since 2009
it has already proven itself
3. Majority of the projects are just pump and dump
we really need a working product and not just a good idea
...Actually, bitcoin were designed as an asset, because it has a potential that could make rich to those investors who had enough capital for invesment, but it's normal that sometimes there is bump and dump, because the possible reason is depending on the demand as well as altcoins. we could not deny it as a real currency , because we could use it as an actual mode of payments.