Quote from: Silberman on Today at 04:41:02 PM

Quote from: Snorren on May 22, 2021, 06:41:42 AM

Hi guys,

Looking to purchase some btc in the coming year and looking for the best time.
Sold all alts a few weeks back and will switch back into btc when the price is right.

Ideal would be around 12k, within a year from now. Do you think its possible or am i setting the bar too low to fast?
Is this just a half time dip in the cycle and we'll see another ath this year?

I'm bearish by nature and I have patience so I'm not rushing to buy right now, but I'm interested in what your views are.

Thanks

The price that you are looking for is simply too low, even if we assume that the bull market is over and a new bear market has appeared we are never going to see that price because that will break everything that bitcoin has done during the last decade, bitcoin never goes below its previous all time high, which means that a price below 20k is practically impossible but if it indeed happens then we could be witnessing the worst bear market in history, something no one wants to see.

Aha good point!