Quote from: KaliLinux on June 28, 2022, 12:37:35 PM

Quote from: gweb1996 on June 18, 2022, 05:16:44 PM

if you think 18k btc is low wait until autumn ...

I think it will reach 500-1000 USD max as you can't use to sell stuff and big whales already moved their money ...

In 2019 btc was already 9000-10000 USD , do to pandemic people invested a lot in btc.

Bitcoins price of $9k-$10 was actually rising from its dip of $3k+ around Dec 2018 to Jan '19 after its ATH of $19k+ of Dec 2017. Thinking bitcoins price will drop to $500-$1000 isn't happening even though we want to believe we cannot predict the market. Even those that are still predicting a Bitcoin price bottom of $14k is still been contested by some talkless of $500-$1000, I am of the opinion that those prices are not happening again.

That is not going to happen for sure, there is no denying that it wouldn't happen and I believe that we are going to end up with something much better. I understand that people could expect the drop to be severe and that is fine, I understand all that 14k talk as well, even though I do not expect that to happen anytime soon, that is going to end up with being realistic at least, because 14k is not too far off.

However, we haven't been under 3k since the 2017 peak period. We moved over 3k during 2017 at some point, and for the past 5 years we never went below that .Right now, I do not think that we will get even close, not even under 10k would happen.