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$, But not before BTC price correction which is Under 100$.
What will be happened to BTC miner?
BTC Miner will be stop mining BTC, when price is under 100$ but thatz fine, Nothing will be happened to BTC if they stop minig it mean only 1 thing, increasing Demand and Increasing Price, Most miner will be from 3rd world countries ( India , ... )
BTC price will rise only If it get more popular.
Do you know how current BTC price is expensive for people in 3rd world countries like India? they need to save $ for 2 years to buy 1 BTC,
We need all of this people to invest in BTC.
The years that Bitcoin was going to drop at $100 have passed. And also I don't agree that such a dropped price is good for the market because more people will start buying due to the low price. I believe that the exact opposite is going to happen. People will lose totally their faith to cryptocurrencies and even those who hodl now they will probably sell.