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How bad will the bear market of 2021 get? How low will BTC go?
Considering the market pattern of Bitcoin in 2017, 2018, 2019 and 2020, it is likely that we might see the market value of bitcoin go below $30k or $25k. The Bitcoin market is also full of surprises, I will be surprised if we see Bitcoin drop below $25k. Also, the market value can potentially go beyond $40k.
Geee wizz, Bitcoin might go below where it is now (drop below 25k), or maybe it could go above (potentially go beyond 40k). People keep saying this same statement in different words over and over, like that means something. Might go up, might go down, might rain, might be sunny. Way to say nothing at all.