Post
Topic
Board Trading Discussion
Re: If Bitcoin drops to $8k
by
sensimilia
on 26/06/2022, 16:24:32 UTC
Lets assume Guggenheim's Minerd speculation on bitcoin having an ultimate bottom of $8k if it hits $30k referencing the "[U.S. Federal Reserve] being restrictive.”, Currently bitcoin price is below $28k and from the look of things this speculation might and might not be accurate but what if bitcoin price falls to this very dip.

I am asking what will you sell to buy more bitcoin if this speculation ever happens or will you choose to  sell off all your bitcoin due to FUD.

Anything is possible at any time in the crypto market. Researching the crypto market over the years has given me some idea that the price of bitcoin can be as low as 10,000. At this time the opportunity to buy bitcoin will be created.