Post
Topic
Board Economics
Re: What happens if BTC's price falls to $8,000?
by
buwaytress
on 25/05/2022, 10:57:06 UTC
It would be a significant opportunity to build back of course,
I agree, it is a great discount if price falls back to $8000 considering the ability of the Bitcoin market to bounce back and recover to breaking series of ATH.

It's a great discount now. $8000 would be a remarkable steal. I just wonder if there's enough in the bank to break $100,000 and stay above that. The lowering ATH magnitudes say no, but then a six-figure US value would be something of a huge psychological gain, the FOMO after that may very well sustain prices above and beyond, so yeah, getting in at $8000 BTC would be nothing short of a market coup.