Post
Topic
Board Altcoin Discussion
Re: How low can BTC go this time around
by
tazmantasik
on 08/05/2022, 12:00:22 UTC
The recent drop in bitcoin price has reached over 36K, after that it went up a bit and then dropped again which I think the bearish sentiment will continue due to the sell-off and cause the market to turn around on the sentiment from the Fed.
Hopefully the bitcoin price doesn't drop to 30k which is actually a good price to buy and hold in the long term, but if it happens, it's worried that some people will worry that the price will continue to fall.
have reached under $34,000 for bitcoin price drop and right now keep stable on $34,700 still do not know have been on support price or bitcoin will make new drop price again. I worry will have bad moment on  Mei because last 2021 of Mei have terrible with bitcoin price drop drastically. Maybe still have way for bitcoin will reach higher price although many issues talk about bitcoin will drop until $28,000 but I hope have chance for bitcoin can reach higher price again and $34,500 as really support price and give time for bitcoin reaching until $50,000.