Post
Topic
Board Bitcoin Discussion
Re: When The Inevitable Happens With The Dump - What Will Bitcoin Be Worth?
by
Upgrade00
on 08/01/2021, 09:35:24 UTC
I personally do not see Bitcoin losing more than 30% of its value at this point. If it does dip now we could fall with the $25k-$28k range and if the bull run continues the support range would also rise. It all depends on where the peak is.

A 3 digit is impossible there are still a lot of hurdles to be passed through before we even reach $99,999, not to mention that the current available supply is steadily running low.
Don't you think a thinning supply would have a positive effect on the price? The less Bitcoins there are available for sale, the more demand grows against supply and the more valuable it gets.