Finally we are at 100k, a price we were looking for many months. Bitcoin once again achieved another high value, we can't say what lies ahead may be 150k or 200k or may be price goes back to 70k or 50k, everything is possible with Bitcoin. There is no guarantee of bitcoin price.
Those who have gathered enough bitcoins and see adequate profit may see some of there hodlings to enjoy profit before Christmas. Those who have just entered bitcoin must not sell just because price is above 100k and they are getting few bucks in profit.
Those who have gathered enough bitcoins and see adequate profit may see some of there hodlings to enjoy profit before Christmas. Those who have just entered bitcoin must not sell just because price is above 100k and they are getting few bucks in profit.
The price of Bitcoin going back down to a $50,000 or a $70,000 price-point is TEMPORARY, and it's not a forecast, a theory, or a mere hypothesis. It's a FACT! Why? Because the Federal Reserve and many Central Banks around and across many regions around the globe are always printing money, and their government entities always increase government spending.
Satoshi "hacked" the financial system.
Your post is confusing. The odds of bitcoin going below $70k again are getting pretty low, and might even be less than 50/50.
I didn't say that it will definitely be crashing back down to a $50,000 - $70,000 price-point, but if it does crash to that, it will be temporary and Bitcoin will start increasing in market valuation again. Because why? Money-Printing.
It's the same concept that Milton Friedman said about inflation. There was never an inflationary event without an increase of the money supply and an increase on government spending. And there was never a money printing event that didn't cause an inflation in the prices of assets.