I think it will be considered cheap in the future to buy Bitcoin below 100.000$. Any opinions on that?
If significantly seen the Bitcoin price in this period has decreased, from the highest price after Halving is a profound market speculation and correction by many expert technical analyst Fundstrat, not closing the possibility for Bitcoin prices can drop to $ 50k.
As said by:
Bitcoin Could Crash to $50,000 Before Its Starts Rallying, Tom Lee SaysHowever, according to Lee, the market is still pretty early in the current Bitcoin halving cycle. Therefore, he would assume that in the near term, BTC may drop to $70,000. This opinion is also shared by Fundstrat’s technical analyst, Lee added. Should that happen, Lee said, the market would get “a bigger opportunity” to buy the dip since Bitcoin is going to be “one of the best-performing assets” this year, according to Lee.
However, Lee assumed that, theoretically, Bitcoin could drop even lower and touch the $50,000 zone. But this would be the price line from where it would push to start rallying again.
However, Tom Lee did not mention what phenomenon would occur in what year and what year, the point is: If in speculation it will happen before the price of Bitcoin jumped again.