Post
Topic
Board Speculation
Merits 5 from 1 user
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Biodom
on 21/07/2025, 17:42:28 UTC
⭐ Merited by El duderino_ (5)

444K to 85K would feel so incredibly bad......as usual  Cheesy


If unfortunately this happens, it will be the worst situation I have ever seen, which I never imagined.

It won't be  Cheesy

Percentage-wise it is roughly the same when we went from 20K to 3.2K and from almost 69k to 15.6K.
The absolute numbers would be strikingly different, of course.
btc at 444K is a 9.3 tril "entity". For btc market as a whole to lose 7.5 tril would feel stupendously bad (and very similar in numbers to the Nasdaq plunge from 5K to 1K in 2001-2002).
My "heart" tells me that it won't happen, but my brain tells me that it could.