Post
Topic
Board Speculation
Re: How we know btc not going to 100$ ??
by
fzkto
on 01/01/2023, 10:51:37 UTC
What guarantees we have btc not going very low like 100$ ??
Can btc go Even like 50$
Becouse everybody knows that Market Will crash hard soon very bearish out look now for btc
If today btc start falling what price is good to buy ?
It can fall to 1000$ or lower why not ? What's stop btc to fall down like 20$-50$ ?
actually there are no guarantees, everyone has their own speculation, for now it is likely that btc will continue to fall, but it will not reach $ 50, for some people who have a lot of capital this is the right time to invest in btc , because in my opinion the price of btc is not will fall further from the current price.  Cool

Yes, there is no guarantee, but for bitcoin to drop to such a low, we need a cause, and I can't think of any reason for bitcoin to drop that much. In my opinion, that will never happen and I dare to tell OP about it. As soon as bitcoin drops to $10k, people will rush to the season, and just like that, bitcoin price will sustain above $10k, there will even be a giant Fomo causing bitcoin to skyrocket.
Of course, if bitcoin falls to $100, it will most likely happen because of the scam bitcoin, as it was for example with LUNA. But in the case of bitcoin this is impossible, so $100 will never happen. But what about if bitcoin falls to 10k, and immediately buyers will have fomo, I doubt it. Most likely everyone will wait for the price to go even lower, but they're unlikely to wait.