Post
Topic
Board Speculation
Re: Will Bitcoin go back up?
by
puloweh555
on 17/02/2025, 17:13:05 UTC
Are you saying that Bitcoin will go back to $10k or $3k ? If that is what you are saying, I don't agree with you because it will be disastrous for Bitcoin to go back to that level.

I'm not sure about this either. Even since 2011, Bitcoin has been said to be dead, even if we look for articles about Bitcoin dying, it has been mentioned hundreds of times by many media or experts who comment on Bitcoin, but in reality Bitcoin continues to grow until now. If we talk about Bitcoin going down, and returning to a price of $ 10,000 or $ 3000 it seems very impossible to happen.

Quote
If at all it  happens, many people will sell at loss and move on to other sector and definitely cryptocurrency... only a handful of people will still feel the urge to buy Bitcoin. Corrections will happen in the market but it will definitely be like dumping and crashing of the market

I don't even imagine that will happen because it definitely won't happen. Bitcoin is an asset of the future, even now bitcoin has become a hedge asset and several countries have adopted bitcoin. So I don't think there will be a correction to the numbers mentioned by OP, because almost every time bitcoin reaches ATH there is always an issue that says bitcoin will return to its lowest point. Believe me speculation and issues like this will continue to repeat themselves but will never happen.