Post
Topic
Board Speculation
Re: Btc dump to 39600
by
Nrcewker
on 18/12/2023, 12:51:23 UTC
I personally would like the drop to be 10 dollars, yes, 10 dollars! It would be like taking a trip back in time. And take advantage of the opportunities I missed in the past.

It is practically not possible. As soon as the price of Bitcoins falls below 20k usd, there are some whales sitting who buy the coin in bulk and hence increase the demand to accumulate the coins. Now as the demand is high and we know that Bitcoins supply are limited, hence the price again goes up and this cycle continues. So Bitcoins cannot fall till that much amount any longer. Rather it has the capacity to go up, maybe someday we see Bitcoins at 1 Million USD.