Post
Topic
Board Bitcoin Discussion
Re: Bitcoin could drop to $10,000 by 2023 as the Fed normalizes interest rate policy
by
Viscore
on 08/09/2022, 21:45:50 UTC
Bitcoin dropping to $10,000 by 2023 is possibly but I wouldn't bet on it, too much support seems in place for it to go this low.  Sounds like more FUD by institutions to increase their holdings by shaking down and out weak hands and panic sellers. 
Most of us are not seeing it that bitcoin will drop its price further like $10k, but knowing bitcoin, everything happens quickly that it will always surprised us all the time. Though some people fear on it particularly for those newbies investors who have bought bitcoin at a higher price, but isn’t it more favorable on our part if bitcoin and drops too low and give us biggest opportunity to buy again and hold. Not everyone favors on that but I think seeing bitcoin drops to $10k is very much possible.