Post
Topic
Board Speculation
Re: Bitcoin will drop to 20k is not time to buy btc now
by
TravelMug
on 24/04/2021, 00:41:23 UTC
Buying BTC now is extremly risky.This is a bubble what we see now.  Soon the prices will drop to 20k then buy BTC.
But now is not the time at the end of the bull run.
 

Soon we'll reach good point to buy at 20k btc this good price.
now is high price i wouldn't put 60k on btc.
but is good time to buy altcoins that can make you x2-5x

You are acting as a newbie in the crypto world. There is no way bitcoin can fall to the levels of 20,000$. You may wish for this but i am afraid, that is not possible for now. At most bitcoin can drop to minimum 43K and not below that level. If it drops below 43K, then this might be the end of bull market.

Let them acted like that, majority of us really knows that $20k won't the lowest low for bitcoin this year. We are still in a bull run market, of course we can't go on parabolic rise, and month after month we have seen the price fell significantly and then rebounded the following week with a new all time high.

Not seeing it dropping to $43k as well, it is slowly grinding towards $50k and up. The floor for this dump is $48k and not going any lower than that, unless there's another set of FUD that will scare the investors again.