Post
Topic
Board Beginners & Help
Re: Special reasons for bitcoin purchase
by
kamvreto
on 19/06/2022, 01:44:14 UTC
~
It doesn't matter anyway. Bitcoin has been like this since and I don't mind about it regardless. I've been a strong holder when Bitcoin was like going down to 3k from 6k back in few years (could be 2017 or 2018 i can't accurately recall).
The volatility could be either taken positively or negatively by some.
~snipped~ But due to what you portrayed, i don't think Bitcoin can retrace to the values of 2017 and 2018, it's decrement will end up on nineteen thousand and twenty thousand (19k & 20k).


Bitcoin's 2017-2018 drop was a very sad drop in price, but on the other hand, those who bought at the bottom have really benefited. But at this time to reach back to the decline like in 2017 is still very far away. In cryptocurrency, anything can happen, but currently the lowest bitcoin price decline is still in the $17-$19k area, lower than you predicted. this could continue depending on how the market sentiment.