Post
Topic
Board Bitcoin Discussion
Re: Bitcoin slides below $59k
by
retreat
on 06/08/2024, 07:16:41 UTC

if bitcoin keeps having these type of "corrections" i don't see how it ever is going to reach $1 million. or even $100,000.

Why did you jump to that conclusion? Don't you know that Bitcoin was once worth less than 1 USD, and how is it now? It's worth much more than gold. And about corrections, every asset will certainly experience corrections and you can't expect an asset not to experience corrections, and when Bitcoin experiences corrections, it's a very natural thing, even Bitcoin has been corrected more than that, but it still performs well and has even broken its ATH several times. So just because it's corrected doesn't mean it's lost the opportunity to reach 100k USD or more than that.