Price of bitcoin can’t be constant
Price of bitcoin can’t be constant
Today I saw some group of people in my geographical environment that’s discussing of bitcoin price, and one of them said that bitcoin price will continue to fall until it get to thirty thousand [30k] so based on what the young man said that called my attention to their discussion, so I have to let them know that bitcoin is unpredictable and since price of bitcoin is unpredictable you can see the price of bitcoin at eighty five thousand [85k] within short time, and it can happen to the decrement aspects of bitcoin, so what I want to ask us is that, what decrement point do you think bitcoin will reach before the price accelerate above one hundred thousand [100k] or within the range of one hundred thousand before end of this year.
That person who said that Bitcoin will reach $30k again is someone who’s living in 2023. I don’t think that we are going to see Bitcoin going below than $40k no matter how heavy dumps take place.
I know it’s not impossible for Bitcoin to getting dumped to $30k value but I don’t think it’s going to happen now or in future.