Post
Topic
Board Speculation
Re: Can BTC go down to <$5k again now?
by
thecodebear
on 11/01/2021, 22:41:19 UTC
$5k?? is this a joke? When the 2017 bull run started did BTC ever go back to $300? Nope, it managed to make it to $1900 in its first correction, nowhere near $300 which would be about equivalent to BTC hitting $5k now.

It's unlikely to hit $25k again, let alone $5k. In fact it looks like $30k very well may have been the bottom of this correction (it could go lower but currently strongly bounced up to $34k) in which case sub-$30k price will likely never happen again.

$5k....lol