Post
Topic
Board Speculation
Re: What if Bitcoin drops to $15,000?
by
LogitechMouse
on 08/01/2021, 05:48:54 UTC
If Bitcoin drops to $15,000, many institutions would likely load up and drive it closer to $100,000. Thoughts?
I'm an open-minded person. I've always into probabilities when something related to investments or crypto is involved.
Now the chance of Bitcoin going down to $15,000?? 0% Smiley.

With the institutions coming into the market, it is a signal already that we are in a good position as of this moment and what happened in the past years where a huge decline happen is almost impossible to happen right now. There are some supports right now. $29,000 is considered a support right now which is the 20 daily MA followed by $23,000 which is the 50 daily MA. After all, Bitcoin to $15,000 seems impossible but a part of my head is telling that "anything is possible in crypto" Cheesy.