My speculation regarding Bitcoin will hit...
My speculation regarding Bitcoin that it will hit $1800 in near future, I don't know when but it can touch to this line in the bottom, what do you think?
$ 1800 is too low a number and I don't think bitcoin will fall that deep in the near future. Since 2017 we have seen bitcoin drop to $ 3500 but it has recovered and climbed past $ 11,000 at this point, so I don't think bitcoin will return to $ 1800.
Nothing is impossible. I've seen plenty of crypto hit 10% of their current price. Never Bitcoin yet, but apparently it has happened before too, so remember the ATH is still 20000 and 10% of that is $2000. Once 2k hits, anything is fair game.
It won't mean the end of BTC I mean that's an incredible buying opportunity;)
If you think that 2k is "buying opportunity" that means a lot of people will think the same way as well, which is why I believe there are tons of reasons why bitcoin will not go down to that level. If there are enough people to keep it above 2k, they will probably think like you, that means there is demand for bitcoin that is much higher in price.
I am not saying bitcoin will never fall, it always falls down and goes up, I am just saying that realistic falls and unrealistic falls are different things, bitcoin could fall to 10k, it could go down as much as 4-5k who knows, but 2k is too much. Hell just in march we have seen bottom of 3.6k as well, so it is not that I think price won't go down, I know price could go down, I just feel like 2k is not the level it could reach.