What if I tell you that going back to 2000 is ok Really folks BTC used to be 10 $ then went to 100 $ and got back to 10$ However then it made 100$ and 1000$
If you want my point of view, I have been thinking about that since the last year, that we would go to 2 000$ from 20 000$ Unless something extroordinary will hapen And as we all know, this something happens from time to time
It went from 10 to 266, but never back to 10. That's wrong, the low was at around 60 usd, still x6 higher than where it started. Same in 2014-15, it never went back as low as it started. Also taking 2000 is arbitrary, the rally factually started at the low of 160 USD in 2015, all the way up to 20k. However, I agree that it could drop into the 2-3k range, but since 2k is a bit extreme (90% loss), I would argue that 3k will be the low.
ProHater
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@FlaviusTodorius67, Hey mate, I do respect your vision but would you be kind enough to check what I mean here ))
WealthHustler
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Gold used to be cheap back in stone age, when that price sir? What a fools theory LOL It's all about SUPPLY/DEMAND. There's NO much SUPPLY!! If there was, why Bears REKT & cannot break 6k for 10 freakin months! lol
ProHater
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@WealthHustler, demand and supply ? man this is for the shcool studies. in the real world everything works with no rules. btc capitalization with 100B when apple and amazone more then 1T
think of that.
if you have at least 500B you could ruin or make all time high in a minute