Post
Topic
Board Speculation
Re: Bit Coin dropped 12% since morning ,where is it going?
by
KTChampions
on 11/01/2021, 20:11:54 UTC
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The stronger dollar may have started this sell off. I would not be surprised if Bitcoin fell way down to about $10k over the next few days given the selling pressure at this time.

Bail out while you can, its flush time!

I think this is an unrealistic scenario. Such a drop is huge both in natural numbers and in semantic (below the previous ATH) in such a short time will mean something close to collapse. It is unlikely to stop. I do not believe in the reality of such a scenario. And if to argue objectively, 30K is the price that just recently everyone only dreamed of.