Quote from: Oshosondy on Today at 10:15:57 AM

Quote from: Mpamaegbu on Today at 09:35:19 AM

Quote from: Oshosondy on April 07, 2025, 08:21:50 PM

This is the stupidest prediction that I have even heard of recently. People should stop believing this people that might be bitcoin critics. I think this bitcoin analysts Mike McGlone is one of them.

We may not agree with that analysis but that won't mean labelling it the "stupidest". What if it comes to past in future? This industry is full of uncertainty, and as such we can't be too certain the unthinkable won't happen.

By my assessment, and to the best of my perspicacity, I believe $10k is unrealistic a dip to get to. It won't happen, at least not in this circle. We've so many favourable news items on Bitcoin and it has just one direction to head to by that. That direction, certainly, isn't to dip.

Even if the news are not favorable for now, bitcoin is never going back to $10000. Someone people call an analyst and accept should not make such a stupid prediction. All I know is that he is a critic. If bitcoin fall to $10000, he should know that he is sleeping and dreaming and not what is actually happening in real life. I did not just make this statement but from analyses I know the man make a stupid prediction which are commonly made by bitcoin critics.

Oh so we know where he is coming from, if he is critic and just like the rest of them, they are going to be perma bear, so it make sense. But for us, his estimation is not realistic as we have seen that Bitcoin is too big too fall. Countries and big entities are already inside the market.

But for sure, we love to hear this kind of predictions and then then the market proving them wrong all along. Right now, prices seems to have bounce back about $90k and I think it will sustain the run till $100k'ish.