How low would Bitcoin have to fall before it was no longer recoverable?
Price, in my opinion, would not dictate this. It would have to be something that would destroy the foundation and system on which it is built.
what you say?
The fluctuations that occur in the Bitcoin market have always made it difficult for investors to predict the actual price of bitcoin, during the several phases of the recent decline, Bitcoin has never fallen to the worst. Bitcoin is always able to rise again after passing through Bearish, the demand in the market always increases due to the massive adoption that occurs. Bitcoin has grown and won the trust of various groups which makes its foundation even stronger, based on the higher level of trust in Bitcoin, my assumption is that it is impossible for Bitcoin to fall to its lowest level of $1.