Post
Topic
Board Economics
Re: if you think 18k btc is low wait until autumn ...
by
Viscore
on 30/06/2022, 21:42:32 UTC
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.
Now btc has already touches $18k, and most likely the bearish season continues which will certainly bring more price drops for bitcoin. Well, as long as the market remains low and bearish, then we can just expect inevitable price downtrend as its what bear market is all about. After all, we won't sell our coins in times of losses, but this long term bear market will always bring a lot of opportunities to invest, we just have to invest in the right coins so we can expect huge profits after long term hodling.