Re: Are people buying BTC @ $27000+ idiots?

In fact there are idiots who expect a price drop below $4k. My advice is that you should be able to study the chart properly and find the right information about the development of the bitcoin price so that you can get the opportunity to make a satisfying profit.

Although some predict the market will decline but it is impossible for btc to fall below $4k, the price of $36k may be a very low price if the market is resistance. Instead, the support for the market is increasing perhaps until the end of the year as the main factor of crypto adoption is getting wider including in NFT and gaming genres.

I also predict that the decline in BTC this time will not be the same as what happened in 2018 where the decline in the price of BTC and other crypto coins decreased by 70%. I'm sure the BTC price will hit a new ATH next year.

It is really not the same as before, bitcoin this year is more bullish than what we expected last year. I think people who buy Bitcoin at 27k$ is not ediot in fact they are now making a huge profit if they still hold their bitcoin until this time. I think we don't need to judge if they want to buy bitcoin in high price,because we don't know if the price will continue to rise or fall in the next day.