Post
Topic
Board Bitcoin Discussion
Re: Could 17.5k BTC actually be 13-14k pre-inflation?
by
piebeyb
on 23/10/2022, 15:27:50 UTC
So i'm basically just thinking out loud but with inflation going rampant and last 2 years everything went up at least 20% in price and value do you think that 17.5k
(which could be a bottom in current bear cycle) BTC could actually be 13-14K preinflation and 17.5k as of now a bottom adjusted for inflation?
people prefer to wait to buy it under $15k, even though I often say that yesterday's $17.5k was the lowest point of the bitcoin price after a while we always held close to the price of $19k and $20k, do people think rich people and companies that having invested in bitcoin this will let the price drop below it again, that's unlikely, so taking the moment it's right to buy it cheap at the current price before the train goes fast and leaves you