I think those are levels that are going to be difficult to be reached even during this bear market, we will need another Luna crashing all the way to zero for such a scenario to happen, and while we could imagine different scenarios in which something like this would be possible the chances that we see back to back crashes like that seem to be on the low side to me, still it is important to remain vigilant and keep our eyes open in the case the price of bitcoin drops once again as we may have the opportunity to buy bitcoin for a price even cheaper than the current one.
This is crypto world and I wouldn't be shocked if we end up with something like that, those things happen all the time and we could have another crash or another bad news that makes it go down. Do I expect it to happen? Of course not, I am expecting it to go back up, and that is probably what we are going to have and that is the thing that we should be focusing on, how we could go back up.
Just because there is a possibility that it could go down some more if something major happens doesn't change that unless something unexpected happens we would be going up again. So, just focus on the fact that we could profit very soon and make your moves accordingly.
Obviously everything is possible, however if another coin in the top 10 collapsed in less than a month then I would begin to be suspicious about the timing of the whole thing, after all we know that altcoins are incredibly risky investment and they can collapse at any time, and in fact this is something that we see all the time, but if we got two crashes so close to each other then I think I will be very suspicious about the timing as it would seem as if someone was behind the crashes to try to discredit this market.
Altcoin collapsing like Luna? yes it could happen even if it is on the top 10 or top 20. They are so risky riht now specially with how Luna bring the market down.
So it's better to just move to bitcoin for now until the altcoin market calms. If bitcoin goes down though, it will not have that huge dump, smart investors knows when to buy and fill their bags. That is when the price goes down hard, so let's say by chance the price dips to $25k, for sure it will recover because that is a golden opportunity to buy bitcoin at a discounted rate.
