Post
Topic
Board Speculation
Topic OP
Before Bitcoin hits 1 000 000 usd, it falls below 10 000 usd
by
JaanusRaim
on 24/08/2025, 08:44:44 UTC
First reason: Bitcoin price is now clearly overvalued relative the level determined by its public acceptance rate (if 100% acceptance rate means ca one million usd, then nowadays acceptance rate is not clearly 10% but rather something around 1%).

Second reason: if the economic crises will emerge, then Bitcoin falls much more than major stock indexes (just as during corona crises March 2020).