Post
Topic
Board Speculation
Re: Bitcoin
by
DVlog
on 29/10/2022, 19:30:50 UTC
Can bitcoin go down to 10k$ this year. The fluctuation of the crypto space now is dragging the coin, and I think is still going down more before it can regain it strength. So can it still go down or rise back to 60k$ this year? Let discuss

If you are looking for a perfect dip entry, then you will miss it, my friend. No one knows the future so for the question of whether 10k is possible or not I will say yes it is possible. But another question will you buy BTC if it goes to that price? It's a 50% drop and to drag BTC to that level requires nasty lousy news to release. And trust me if something like that happens most people who were waiting for 10k won't buy at that price by thinking it will go much lower because of the weight of that bad news.

It will be better not to gamble and be on the safe side. If you really haven't taken entry then you could start doing it right now small by small. If BTC goes that far you will simply DCA.