to be honest.
i dont think we are going down to around 3000.
why? => the stock markets are getting problems at the moments.
everybody knows that fiat money is just a big pump thing.
so smart investors are starting to think about where to give your money.
do you really wanna give money to some government bonds,...
maybe.
but they are not betting the total money on one horse.
i think,.. that crypto is on their radar.
and if you see the hashpower,... it means,... crypto was getting more trustful.
(i know 70% miners from china!)
so there could be some money going to crypto
and for them its great to see the prices are dropping to step in cheaper.
but i think there is some sentiment on the market which is saying to them.
okey the price is now lets say 5800 usd,... thats a nice entry point
if the market is going down more,... there are more smart people coming and investing in this asset.
i am not a market specialist,.
just my feeling.
but i see the odd to be on 3000k on bitcoin (if there is not any bug and so on)
not bigger than 10%
i think etfs are not coming.
but still btc price will not going down to 3000.
if its going down to 3000 i would buy a lot.
and i would buy a lot on the way down!!!