|On a scale of 1-10 (10 being most likely), how likely do you think BTC will go to $1,000?"
The average vote was 4. $1,000 would definitely be startling, but who knows... 🤷 We are in the realm of crypto. 🙃
"Why do you think so?"
You guys said:
The market is very volatile but 1k BTC price is extremely low and if it comes I would buy everything! - BTC sale! 🛒
Each time there is a new low, I view it as a buying opportunity. I am sure there are many that feel this way. If the institutional investors were fully in the game today, I would have a different view. - I share the same sentiment. As long as you believe in the fundamental value of BTC, these swings (albeit large) should not faze you if you focus on the long term. 👍
That would be a much greater decline (approximately 90%) than the past declines in BTC. - Although highly unlikely, I would say 'never say never." 😄
Too low. - You never knowww 💭
The cost to mine a bitcoin is around high 3000 to 4000 so I don’t think the large portion of miners will sell for less. - Good point! 🤔
It was once that low, and history repeats - 🔮
I see 2000, but with 30% for overshoot to 1000 - I hope you will be wrong! 😹
Hello everything holy for the love of peat don’t even think about anything that ridiculous thank you love me❤️ - Hahahaha, this cracked me up. But yes, keep BTC in your prayers. 🙏🏻
Outdated - Outdated yes, but BTC has the first mover advantage. That is hard to overcome in any market. 💪
Come on! - Yes, come on BTC!!
As I said before, our Lord should avoid this - 🙏🏻
Good information - Why thank you. I am to please. Hope you will continue to support this newsletter! 😊
Scam - It isn't a scam... 🙄
I don't think so.. more or less the BTC & ETH price has bottomed.. but is a lot of room for ALTS to bleed... there will be pressure on BTC because of falling ALTS.. if 1000 i sell all my asset & buy. I think the total market cap will rest at 90B. - Interesting point. I do agree that this cleansing is going to weed out many sub par projects, which in my opinion, is necessarily to facilitate organic growth going forward. This was long coming. ⌚
With the upcoming etf and bakt I really can't see bitcoin dropping as low as 1000 - #MeToo 😔
Strong support at $4000 - There is indeed some decent support at that level. 👐
There isnt no space to sink more... - There certainly is. Tread lightly! 👀
No utility value, bad for the environment - That is not in the slightest bit true. 😛
The volatility in this Dimension makes it no longer interesting to Invest. Plus the dominance of the Bots makes us human Loose. - I disagree, the volatility is what makes it interesting. I believe that price stability will eventually come, and when it does the idea of cryptocurrencies becoming a store of value will become relevant once again. 😎