Post
Topic
Board Speculation
Re: Don't you think Bitcoin will die over the summer?
by
BigBos
on 08/06/2021, 05:38:48 UTC
Recently, the price of bitcoin has dropped by almost 1/3.  The beginning of May is 58 thousand, now it is already 38 thousand. The chart is steadily falling down.  Will Bitcoin die in the summer? Cheesy
I think it will not die, but maybe it will drop we all witness a massive drop of the bitcoin price, dropping is normal but dying or become zero in value is imposible.  We all witness how bitcoin reach its ATH this year. So dying is really far from reality maybe it will be back to its price in 2018 but it will never fall into zero value.
well, the words dead or dying seems like an exaggeration. at this time, I feel that the price of bitcoin is indeed in a bear market, but it is possible that the price will return to normal and rise higher at the end of this month, or in the next month well, besides, the current price is still higher than the price in the previous year.