We can have a simple calculation on the support lines, for example if bitcoin drops to 1 dollar everyone would say they would get it right? Well the thing is if bitcoin dropped from 8 thousand to 1 dollar then nobody would buy it, there must be a reason for it to drop that much, hence there is actually no real value to bitcoin, if it was even 1 dollar people would still be acting around the same way they act on 8 thousand.

Some people would buy it, some people would panic and sell it and there would be about the same issues we talk as right now. That is why it is clear to me that bitcoin could be 1 dollar each or 1 million each and it would still have no real value, it is 8 thousand dollars right now each and that is its value right now, tomorrow who knows what the value will be.