BTC To Under 100$ BUT is good for Market, It not going to be happen in 1 day, but we are in down trend since BTC ATH (20k$),
SO Why its is Good for market and bitcoin ? More people want to buy BTC at cheaper price So when BTC price is under 1000$ they will get a good opportunity to join in the game, now Most people even dont know what is BTC.
So Cheaper BTC = More Investor will join to the game and BTC will be more popular BEFOR NEW ATH.
New ATH could be 200K$, But not before BTC price correction which is Under 100$.
not going to happen .
2k-3k is the floor.
there is a real reason for those numbers.
at least 40% of the hard iron mining is used to help power plants load level when they have excess power.
Hydro power does not get turned off during rainy season.
excess power is used mining equipment
I consulted on a 100megawatt project for a mine that was surround by 5 major power plants they go from 40 to 100 megawatts depending on the power plants excess power.
This causes a real value for btc or bch since she 256 gear is the most common gear around. do you want to say btc drops to 100 then bch will rise to 3500 k since it will use the gear. to level the loads.