Post
Topic
Board Bitcoin Discussion
Re: Bitcoin slides below $59k
by
tread93
on 16/08/2024, 03:11:13 UTC

The price of bitcoin (BTC) fell below the $59,000 threshold on Sunday, hitting a low of $58,080 per unit. Over the past 24 hours, bitcoin’s value has decreased by 3.5% against the U.S. dollar, and it has dropped 13% over the week.

https://news.bitcoin.com/market-mayhem-bitcoin-crashes-below-59k-223m-in-liquidations-as-south-koreas-premium-spikes/

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.

Haha these media folks who make the commentary like this haven’t the faintest idea how it even works. Bitcoin is up trending year over year and it may take a while but 100k is very VERY close!