Post
Topic
Board Economics
Re: if you think 18k btc is low wait until autumn ...
by
Altryist
on 28/06/2022, 15:43:59 UTC
We can always say that bitcoin will always recover from all its dips, and that does not close its idea that bitcoin will have to drop more even below as $10k. Well, for others it may seem like a frustration as bitcoin keeps falling its price the whole time but for the rest of the wise investors, its indeed another great opportunity to invest. So don't be too pessimistic about the future of bitcoin, it will never end up in zero like what others mostly predict.
Movements are cyclical, but only a small number of people are able to take advantage of this, because some will buy too early, some will be afraid to buy, because they will believe that there has been a collapse and the market will no longer recover. I don’t know if the price will drop by 10k or not, but I think that we will still see a fall. Volatility is down and the market is quiet now, but I think it's the calm before the storm.