Post
Topic
Board Bitcoin Discussion
Re: The fall from 65k to $30k was the best thing to ever happen to Bitcoin
by
JayJuanGee
on 19/06/2021, 12:50:12 UTC

My target price for Bitcoin is 15K-20K during the next few weeks.

That would indeed be the gift of all gifts. I HOPE you hit your target because I will definitely be there with you.

How much fiat you going to have left if BTC prices were to reach those levels?

Many of us seemingly prepared for worst-case scenario HODLers are going to be running out of money if BTC prices were to reach that low. 

Many of us seemingly prepared for worst-case scenario HODLers have already been buying all the way down since $50k-ish.. so if the BTC price goes below $30k, below $25k even above $20k, several of us likely will be buying quite a bit at those higher prices, so from where is all the money going to come to be able to buy more below $20k, if the BTC price were to get there? 

It remains quite doubtful that the BTC price will get below $20k, but still.. hopefully not too many people are holding onto large amounts of fiat waiting for the BTC price to go below $20k and the price never happens to get there.