Re: Will Bitcoin go back up?

Quote from: Odohu on February 08, 2025, 09:23:35 PM

Quote from: BADecker on February 07, 2025, 11:03:12 PM

Maybe at $10k. Or maybe $5k. Or maybe $3k. But it definitely WILL go back up. Right now it is tied up in the Trump vs. Deep State conflicts.

Cool

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. 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

From my perspective, their's no one can agree that bitcoin will go down to the extent of reducing to the stage that we past over five years, bitcoin price is unpredictable, and it's obvious, for the stage bitcoin has reached I know quite well that bitcoin be appreciating instead of decreasing, and any experience we have of bitcoin decrease is a market correction

For me if price if bitcoin fall to ten thousand [10k] that means that the price cannot resurrect again and that will be the ending of bitcoin existence, because investors will be our of bitcoin investment due to trust will be limited.