Quote from: Rikafip on January 02, 2025, 02:06:25 PM

Quote from: fschumann on January 02, 2025, 01:40:45 PM

I wondered if Bitcoin will ever again crash below 50.000$. What do you think? I think it is likely that we will see it go down to 70K but not below that point.

I can certainly see a possibility in that that happening. During the last cycle bitcoin went from 67k down to 18k which is ~73% drop. Let's say that in this cycle bitcoin goes up to 185k and drops down to 50k, that would make it once again ~73% drop.

Having said that, each cycle gains and drops are smaller, so maybe it won't go as much as before, but you should definitely be ready for it if it happens.

Quote from: fschumann on January 02, 2025, 01:40:45 PM

I think it will be considered cheap in the future to buy Bitcoin below 100.000$. Any opinions on that?

With that part I agree.

Well I think that if this cycle shows up again, surely more investors would take the chance and HODL since we have seen that pattern so many times, a huge down trend and hold for awhile wait for the huge spike.
I wonder if when would we see it happen again, surely if the Bitcoin price have a huge drop this would create FUD and not everyone would see it as a good opportunity to hoard.