Post
Topic
Board Altcoin Discussion
Re: if the bear market starts next month
by
Febo
on 28/03/2021, 19:59:19 UTC
although this possibility is low and probably won't happen. but I want to ask you. if the bear market starts next month, and bitcoin falls below 20k.

In bear market you should expect Bitcoin decrease 80% in value so from $60k to $12k if bear market starts now.  It will of course not happen immediately but will take over a year time. Hopefully we will see Bitcoin price way over $60k so that 80% drop will not be so low. Smiley