Do we stop here around $34k or do we have lower to go still?
I am thinking we are going to test $30k at some point here and probably see a few $29k prints.
I am hopeful that will be the bottom, but it's tough to say, the selling has been relentless and the FED isn't going anywhere anytime soon.
What price do you think bitcoin ultimately drops to this year?
30K is ok support...20K is much better support...but even if you buy here and it falls further...over 10 years...you're still gonna make a good return.
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It can go as low as $15-20K. Every rate hike by the FED will bring the Bitcoin price down further.
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Upvoted! Thank you for supporting witness @jswit.
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I'm pretty confident that we will see support buys soon, but $29k is reasonable guess.
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