Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
SamReomo
on 21/08/2025, 21:39:45 UTC
⭐ Merited by JayJuanGee (1)
~Snip~
For me, even a test of $100k or a drop below $100k would not be enough unless the BTC price started to be persistently staying at those levels or lower.  Maybe i am too biased towards our being in a bull market, until we aren't.
I don't think that the price of Bitcoin is going to drop to those $80k's range again, the 100 week moving average will stay up and the bull run will continue. Well, surely if the Bitcoin's price drops even below $95k that will make many people worried but someone like you're who's not a weak hand may not get worried by such drop.

To be honest, majority of the people will sell their Bitcoin if the price dips below $100k but surely the dip towards $100k won't be enough to break the belief of the ones who know Bitcoin. Those who sell in fear will regret when Bitcoin peaks at $150k or $175k or even at $200k with some possibility. I'm fully sure the bull run isn't over yet and I'm pretty sure the history will repeat itself and in this cycle we might once again see the peak of Bitcoin in October-December of the year.