When people discuss Bitcoin's price, sometimes they tell that some price will never be seen again, because the market will be so bullish in the future, that even new bottoms will be higher than that price. The only way it won't hold true is if Bitcoin will be truly dying, but there's absolutely no reason to think that it will happen as of now.
So, let's predict what price will never be seen again! I think we won't see anything lower than $5,700 ever again, and the next few weeks is the last opportunity for bearish movements that can bring Bitcoin to below $6,000.
So, let's predict what price will never be seen again! I think we won't see anything lower than $5,700 ever again, and the next few weeks is the last opportunity for bearish movements that can bring Bitcoin to below $6,000.
I know it looks increasingly unlikely but I still think 3,100 isn't the lowest we'll see yet from Bitcoin. I'm a long-termist at heart and by action, but I still can't help feel that everything is far from being stable enough to figure in any estimations for the next term up to halving - only coincidentally equal to my timeframe of 2020 that I set for myself in 2016.
Because this means Bitcoin was at worst only 16% from its ATH. Which would mean it's actually the best decline from ATH we've seen in all its cycles. Which is not good for me because we need bigger retractions for even more spectacular new ATHs. If we want a million dollar Bitcoin, we're going to want to want $2k Bitcoin first
