Hi I have been toying with the idea of investing in BTC but have waited due to some investors saying the price will drop to 12 - 16k again. do you think it could still drop to this or are we more likely to move on up to 40k?
thanks in advance.
At one point, bitcoin dropped to $16k, this happened last year, if you miss it, you won't have a chance to see $16k worth of bitcoins again. The market has been through the hardest period, and we are recovering, so a drop in bitcoin to $16k is unlikely. I advise you to buy bitcoin now, otherwise, you will continue to regret like the way you are waiting and miss the good price.