Post
Topic
Board Economics
Re: Biggest threats to the price of Bitcoin.
by
xSkylarx
on 14/12/2020, 02:38:11 UTC
I was wondering what you guys think is the most likely instances that would cause the price of bitcoin would sink back below say the $5,000 or the $10,000 mark?

For me since bitcoin can be easily manipulated by whales, they are the biggest threat to bitcoin that can bring the price down to that level. We already experienced it last bear season and some small hodlers with weak hands sold their bitcoin at loss. You can see it when bitcoin's price fluctuate quickly in a day or week.