Post
Topic
Board Bitcoin Discussion
Re: When The Inevitable Happens With The Dump - What Will Bitcoin Be Worth?
by
cryptomaniac_xxx
on 08/01/2021, 09:36:56 UTC
Depends on what will be top for this bubble, others are seeing a 6 digit rise, as high as $300k so unlikely to settle $12,000-$13,000.

And we have to know as well what will be the reason behind the sell-off to really crash the market to more than 50%. We are still in the bull market, so just a slight correction, there are many takers just waiting around the corner.
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. Hopefully the bull run is still going strong for at least a month or two, sell offs will soon be prevalent.
On the contrary, bitcoin becoming scarce will fuel the price to go up, correct? But yeah, a sell off will eventually happen, whether its a 50% crash, depends on what causes the crash. So far the bulls and it's herd continue to run very fast and we don't know when it's going to stop to take a respite.