Post
Topic
Board Bitcoin Discussion
Re: Who Buys Bitcoin When The Price is 100k$?
by
taufik123
on 27/06/2023, 11:34:41 UTC
-snip-
However 100k is a price that practically has not appearer in the market yet but we will have takers at that price - consider if the price remains static at that then this would be common.

Buyers will always be there at any price, because those who buy are not only long-term holders but they are traders who take advantage of any price fluctuations.

Questions like this were also asked when the Bitcoin price was still below $10k, and the question of who would buy Bitcoin at $30k, $50k, $60k, of course, the question has been answered.
In any condition, the price of Bitcoin will remain the same there are buyers and sellers.

But for those who buy for the long-term there will be targets that need to be achieved, buying at a cheap price is the main goal.
Then look at the current Bitcoin price is still quite cheap because of the -50% decline from the last ATH price in the $60k price area.