Post
Topic
Board Speculation
Re: What will Bitcoin price plunge to in bear season?
by
noormcs5
on 23/01/2025, 17:59:37 UTC
Yes, I think so. If for example bitcoin get to $150k or $200k this year, do you think during bear season, we could see price go below $80k? With what I think, if price goes that high, it will create a strong support zone that price will never break during the bear market and the support zone price will be far above $50k.

I think the price of bitcoin in the next bull season should hold the previous 2021 bull market all-time high price. This would mean that it should not be dumped below 68K. But still if we take a more conservative target, then i can say it can be anything between 50-60K range. I don't think we will not fall beyond 50K in the next bear season. The only exception to this is if we have a recession like in 2008, in that case, stocks, crypto, everything will fall beyond expectations.