I wondered if Bitcoin will ever again crash below 50.000$. What do you think? I think it is likely that we will see it go down to 70K but not below that point. 2025 will be the most important year, because governments around the world get involved.
I think it will be considered cheap in the future to buy Bitcoin below 100.000$. Any opinions on that?
It is easy for bitcoin to rise to its current price of $98,500, and it is certainly easy for bitcoin to crash to $50,000. In 2017 bitcoin fell about 80% and in 2021 bitcoin also fell about 50%. That is how high the fluctuation of bitcoin is, anything can happen easily. If the price of bitcoin drops to $50,000, it is certainly the right time to buy, and do not let it pass.
There's no assurance that history or what happened in the past will happen in the future on which it does but it do always rhymes and this is why we would be always that wanting to assume that there's always the possibility that it could happen and just like on what you have said that on the time or moment that it do happens then you do at least wary about into those possibilities on which the price could crash or decline into that % and just like on what been said that on the moment that it do happens then the best thing to do is to buyback as much as you can because we do know that whenever it do make out such crash period then thats the best time to buyback as much as you could.
The thing here is that whenever we are on such condition is that we do become that hesitant on doing so because we've been thinking that it will be going down even more and since we are eager on trying out to look for the bottom or floor price then this is where it would be resulting on missing out opportunities because of waiting up too much. DCA while you can and if it keeps dipping then just simply repeat on the same process but of course the main thing that you should have in mind is to invest on what you can afford to lose so that you wont really be that be stressing yourself whatever the price would really be that be.