Post
Topic
Board Bitcoin Discussion
Re: The problem is that it could take again many years to recover
by
adzino
on 22/04/2021, 19:05:10 UTC
I have no problems seeing a bright future for BTC, but after a major retracement it might again take many years to recover. Look at the last sell off down to $3700. It took almost 4 years to make new ATH.
So should this be the major, expected drop, it could again take many years for BTC to reach 100k.
Many people will be dead before BTC will reach 1 mio.
You know the market isn't predictable, right? You also know that the crypto market doesn't follow any pattern. What makes you think this drop is the same as the one that took place 4 years ago? And what makes you think a significant drop has taken place? The price just went above $60,000 USD for few days. And it is not back to it's normal price.
This is nothing new. Threads and posts like this only creates FUDs and FOMOs. If you want to make posts like this, make a post with facts backing up your claim.
And yes, people die every day. Many people will dies before bitcoin crosses $100k. What are you trying to say over here?