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.
In a market situation like now is indeed the right time to collect Bitcoin, let a lot of people panic with the current bear market conditions.
But we must remain calm and always believe that the future of Bitcoin will be bright. Therefore, we must dare to decide to buy Bitcoin
in the current situation. Since we can learn from previous Bitcoin price movements, where Bitcoin can always recover and the price can always
go higher. So in conclusion Bitcoin will not disappoint us, if we know how to invest properly in the crypto world. After we buy Bitcoin,
then we have to be patient holding Bitcoin until the market recovers, then making a profit from Bitcoin is actually just a matter of time.