Post
Topic
Board Bitcoin Discussion
Re: Throwback: Bitcoin was $64k today, a year ago.
by
Questat
on 26/10/2022, 22:59:26 UTC
I remember those days like it was only yesterday. I'm surprised it's been a year. I think it's normal to drop. The value of bitcoin could not be expected to increase continuously. After each value increase, there will be a decrease. But such a drop came as a surprise, since everyone thought that bitcoin would reach the value of 100,000 dollars. The value of bitcoin will remain at the 20,000 dollars levels for a while longer. I don't think there will be a rise for at least another year.
It seems surprising for the newcomers but for those who have already been familiar with the market, this is a common scenario to see, dumps will undoubtedly come after the bull season. Yea, it was terrific to remember the past days, I didn't even figure out that it was already 1 year since we reached the ATH. For sure a lot of people had missed that situation and made it this year to take in preparation for the upcoming Bull season. I just hope everyone has done filling their bag/s ready for it because we are expecting Bitcoin will reach more than $64k as its new ATH.