Post
Topic
Board Bitcoin Discussion
Re: How bad will the bear market of 2021 get? How low will BTC go?
by
serjent05
on 21/01/2021, 23:35:18 UTC
Bitcoin is down considerably from it's peak. How low do YOU think bitcoin will go before it stabilizes?

Bitcoin is highly volatile, so we can see prices swinging a lot.  Another thing, I think this drop is something like a correction, probably the peak of the cycle is yet to come,


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?

I don't think so, Dollar and Bitcoin have a different market.  Besides, even though the dollar strengthen, as long as Bitcoin adoption continues, it won't lose its value against USD.