Post
Topic
Board Speculation
Re: Between $24K and $27K
by
skarais
on 19/05/2022, 07:46:10 UTC
]some analysis and predictions, for this year the worst crypto in history, the risks are incalculable, but long term investment one positive thing, I think Bitcoin will experience problems at the 24k level.
Maybe not, I think the decline in bitcoin since its last ATH in November 2021 to date is not the worst in its history as the percentage decline is still not more than 62%. The worst decline history occurred in 2018 when the bitcoin price dropped from $20K to $3.2K, that's more than 80% in my opinion.

While we can't say for sure what the lowest price was during this bear cycle, we are certainly still in for a 57% more drop than last year's ATH. In the long term bitcoin is still very potential, but still requires consideration if you want to invest in it.