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.
Just put the source for this and stop trying to rewrite articles because you end up with misleading things like the one above!
The text in the
original news clearly mentions a drop of 70%, the way you wrote it, it would mean a drop to 70% of the value, so just to 20k.
That aside I'm really curious about one thing with those so-called cheap coins, if everyone is waiting to buy cheap coins, obviously from people who will sell at a loss, who is going to buy your coins in return for you to get a profit and why wouldn't those people buy now when the price is $30k and not by the time you've made your x10 gains?