Post
Topic
Board Bitcoin Discussion
Merits 1 from 1 user
Re: How bad will the bear market of 2021 get? How low will BTC go?
by
thecodebear
on 21/01/2021, 17:11:44 UTC
⭐ Merited by OgNasty (1)
Bitcoin is down considerably from it's peak. How low do YOU think bitcoin will go before it stabilizes?

The new incoming US administration has stated that it does not seek a weak dollar, will that be the deathblow to the future of bitcoin?


Since when is there a bear market in 2021? We're in a bull market. A correction is not a bear market.

And let's see, depreciating dollar due to inflation vs booming deflationary emerging asset....haha no, nothing the dollar does can stop bitcoin. A stronger dollar might mean Bitcoin is at $34k instead of $35k, or $115k instead of $120k, or $300k instead of $320k.