Post
Topic
Board Speculation
Re: How much lower you think BTC can go in this drop ?
by
newwest
on 06/03/2021, 13:12:26 UTC
This time around bitcoin may not go down as low as happened before. A few years back, after touching 20k it came down as low as 5k. But, this time that's not going to happen. As a lot of big investors and some big financial institutions have invested in bitcoin, so we can say that it has gained some sort of stability. But, there is still room for manipulation by big players.

Not expecting any major fall now tough some downfalls could always exist and will come but the recovery period and bounce back will be soon. Not like 2017 where it took 3 years to returns to its ATH. So, around the existing price only expect the lower range could be and seeing mostly the upside from here after the big companies have now invested and invested in it.