Post
Topic
Board Bitcoin Discussion
Re: Bitcoin slides below $59k
by
Huppercase
on 18/08/2024, 21:48:36 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.

Who feed yiu with this $1 million price a Bitcoin? It seems you guys don't do your research before you says number but I want you to know that Bitcoin price to a million dollars is very impossible, maybe not right now but probably in the future. We need to see the price to break through $100k before we can even talk about the million dollar journey because the kind of liquidity needed to push that price to that level is many times the market cap we have achieved so far.