Post
Topic
Board Speculation
Merits 2 from 1 user
Re: Is bitcoin bear market over?
by
G_Besar
on 14/09/2022, 02:07:37 UTC
⭐ Merited by fillippone (2)
Same here, I am not thinking that the price of Bitcoin will crash to $10k.   I think if ever Bitcoin record another lower-low, it will be around $15k - $17k  range.  I don't think that the market will allow Bitcoin to crash to $10k.  I am sure if ever Bitcoin touches $15k - 17k, there will be massive buying since people will definitely buy a discounted BTC.

It is very logical to happen because with large purchases in conditions of decline or discount conditions as you mentioned, it is clear that Bitcoin prices will be restrained from falling and have the potential to return to higher prices. The downfall of Bitcoin that I saw today is still in the reasonable category because it is still in the price circle this month or last month, so there is no difference because the increase is also not too big so far in the market.