Post
Topic
Board Speculation
Re: How much lower you think BTC can go in this drop ?
by
justdimin
on 06/03/2021, 14:07:32 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.
What makes you so sure that Bitcoin is not going to drop that same way that it did back then? We are seeing it go this far for the time, and this was least expected by everyone, we were not expecting this price of $50,000 to come really quick, but here it is. We don’t know how it will be when it starts dropping finally, we just can’t tell.

Moreover some people also never expected the bull run again because of pandemic but it still happened, that goes to show how unpredictable this market can be. And it’s not like all those big investors you’re talking about are not going to sell their coins at a some point.