Post
Topic
Board Speculation
Re: Abolute bottom of Bitcoin?
by
Oasisman
on 19/05/2021, 12:08:50 UTC
What do you think, what is the absolute bottom of Bitcoin?
How deep could Bitcoin ever go, again in the next 5 years?

My bet ist 30.000 $. If we would fall way
lower then Bitcoin has probably failed for ever.

5 years is such a long way to determine the bottom. The market are currently showing bearishness, we might be seeing the bottom this year or next. And I'm afraid $30,000 would be a little higher expectations. If Bitcoin falls below that, that means a good buying opportunity.
Remember, Bitcoin has never failed when it falls down to $3,000 after the almost $20,000 ATH in 2017.