Post
Topic
Board Economics
Re: if you think 18k btc is low wait until autumn ...
by
Bitcoin_people
on 04/11/2023, 14:50:44 UTC
if you think 18k btc is low wait until autumn ...

I think it will reach 500-1000 USD max as you can't use to sell stuff and big whales already moved their money ...

In 2019 btc was already 9000-10000 USD , do to pandemic people invested a lot  in btc.
We have seen the price of Bitcoin drop to around $15,000 at one point. Even a few months ago Bitcoin price was in dire straits many investors thought it could go further down but it turned out to be quite the opposite. Currently we can definitely see by looking at the position of Bitcoin that maybe Bitcoin will not go to that position but now it is time to go higher in the market. Now that Bitcoin is close to $35k we see no reason to come to $18000 now and won't come here. The price of Bitcoin may have dropped a lot during the autumn, but now the market is pumping well. But I think Bitcoiners will not have to see this bearish market again as we have good things ahead.