Post
Topic
Board Bitcoin Discussion
Re: How bad will the bear market of 2021 get? How low will BTC go?
by
Lucius
on 20/01/2021, 12:06:07 UTC
Bitcoin is down considerably from it's peak.

You obviously have big problems with numbers if you think this small correction can be called considerably down. The fact that BTC once exceeded $40 000 and now costs around $35 000 is more than a great achievement - except for those who do not understand how the market works.

And what kind of bear market are you talking about at all? We are in the year after the halving that has not even shown its true effect - 2021 is not 2018, the sooner you realize that the better it will be for you.



On serious note I hope for $5k/BTC in 2023 to rebuy.

It must be nice to live in a world of imagination, but do you really think 1 BTC will ever be worth $5000 again? That would mean that something really bad happened, and something so bad might mean that BTC has lost the trust of most investors - in other words the whole thing would only go in one direction, downwards.