Bitcoin is dumping!! Is this going to a repeat of 2017? Remember what happened in March when covid hit? The second wave is here and btc has been pumping despite that. What do you guys think? $100k still happening this year?
We might not see bitcoin dump as we seen after December 2017. This time the situation and trends are different. Masses started adopting bitcoin and new kind of hype is created. Chances are that the price might go past $60k in coming months but the chances of BTC crossing $100k are highly unlikely. Might be in 2022 we see $100k price, subjected to legalization of BTC in major countries and investment from more multi national companies.