I doubt bitcoin will go back to $30k to be honest. Yes, its price will go down in the next few years and it will not set any new ATHs but I do not think we can expect bitcoin to go down that low.
For every new ATH, we can expect bitcoin's lowest price to go higher and higher.
For every new ATH, we can expect bitcoin's lowest price to go higher and higher.
It seems very unlikely at the moment. Not even a huge bloodbath (dip) in market prices will be able to get BTC back to $30k. Those days are over. If you missed the train (like I did), you'll have to wait until the market turns bearish again. The new bottom would probably be between $70k - $80k. Better grab that chance before it's too late.
At least we know Bitcoin will continue to rise in price for the foreseeable future. Assuming demand stays high, of course. With many institutional investors and governments going all in, we can rest assured BTC won't be going anywhere soon. Here's hoping for the best.
