Post
Topic
Board Economics
Re: What happens if BTC's price falls to $8,000?
by
bitmover
on 24/05/2022, 00:55:11 UTC
One expert says that if economies don't hold up amid these hikes, Bitcoin's price might plunge further to about 70% of its current price, which is around $8000.

An expert with a crystal ball? 🔮

What I can tell is that people will be afraid. Most people will be afraid to buy more, and they will wait prices get back to 50k to buy again.

In a bear market like this fear is everywhere. Every news is bad news.
This is when we should be brave.