Why would you pay 18000 USD ( a car, food for a year for some, food for 10 years for some ) on 1 virtual coin ( number in your phone or laptop )? That does nothing if you leave it in your wallet The crop on btc was collected at 60k now it has no more apples, the apple tree is dying...
The question you should rather ask yourself is why have people been paying far much higher for it previously, why have people fomo'd into buying bitcoin even when it was above 50k USD, so why wouldn't they buy now, when nothing changed, just the normal volatility.
Your prediction just like some others in the past wouldn't age well, just to provide an answer to your question, people will buy bitcoin because of its usefulness in the society for btc enthusiast, it can do stuffs other than just holding or leaving it in your wallet.
Speculation / gambling ...not investment,also it's a pump and dump game that noobs do not know ...
I think it will reach 500-1000 USD max as you can't use to sell stuff and big whales already moved their money ...
In 2019 btc was already 9000-10000 USD , do to pandemic people invested a lot in btc.
It was damn funny to read this that time and when now is autumn and BTC is $34K it doubled my laughing. Im in in seence 2017 and each down wave I hear this nonesecne, but it never went lower then the last low.
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