Post
Topic
Board Bitcoin Discussion
Re: The problem is that it could take again many years to recover
by
NeverSop
on 24/04/2021, 00:46:31 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.
We have compared so many times how bitcoin moved in 2018 and 2021 is completely different.
The problems of the last few days are still symptom dull and likely to last longer. But this was the most successful year for bitcoin. Values ​​from it, conditions, .. etc. It's all in sync and it will reach $ 100k this year. I am very optimistic!