When I purchased early on, the price for a btc was $11,000 . a few months ago, I can recall the price level
was $63,000 . I just knew that it was going to hit the $100,000 mark...Now as of today its $30,180
What is going on??? Also, can anyone predetermine if the btc will reach the $100,000 and is the btc
worth the investment...An educated guess, is acceptable!
Were you sleeping under a rock in the last 7 months? Do you expect somebody to spoonfeed you with info about what happened to the crypto market in the last several months? You have a computer with internet access, just use it and you will find out about the reasons for the bearish crypto market.
How the hell did you knew that Bitcoin is going to hit the 100K USD mark? Did you have a crystal ball or something?
If you were so confident about the price hitting 100K, why are you asking about the price dropping? Can't you just predict this?
There's a war in Ukraine. There's global inflation, combined with expectations of a recession. The investors are running away from high risk assets(obviously cryptocurrencies are high risk assets).The Luna/Terra stablecoin project collapsed.
Do you want more reasons why the BTC price is down?
Do you want more reason?