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Re: How we know btc not going to 100$ ??
by
S A KHAIR
on 01/01/2023, 15:54:28 UTC
Quote from: fzkto on Today at 10:51:37 AM
Quote from: S A KHAIR on December 31, 2022, 10:09:15 AM
Quote from: jakanalaxtax on December 31, 2022, 09:17:54 AM
Quote from: Fullbear2222 on December 08, 2022, 02:51:03 PM
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.

Bitcoin believers, I believe they, are buying now instead of waiting for bitcoin to drop to 10k, so once bitcoin can drop to 10k, investors will buy more than you think. Those who do not buy, even if bitcoin drops to 100 USD, they will not buy and will continue to wait for bitcoin to decrease further. Those are people who have never believed in bitcoin, and they will never buy even cheaper bitcoin.