BTC To Under 100$ BUT is good for Market, It not going to be happen in 1 day, but we are in down trend since BTC ATH (20k$),
SO Why its is Good for market and bitcoin ? More people want to buy BTC at cheaper price So when BTC price is under 1000$ they will get a good opportunity to join in the game, now Most people even dont know what is BTC.
So Cheaper BTC = More Investor will join to the game and BTC will be more popular BEFOR NEW ATH.
New ATH could be 200K$, But not before BTC price correction which is Under 100$.
When BTC drop to 1K$ than next wave of panic will be started and BTC price can easly drop to about 100$
What will be happened to BTC miner?
BTC Miner will be stop mining BTC, when price is under 100$ but thatz fine, Nothing will be happened to BTC if they stop minig it mean only 1 thing, increasing Demand and Increasing Price, Most miner will be from 3rd world countries ( India , ... )
BTC price will rise only If it get more popular.
I don’t know if such a thing is ever going to happen. It’s not going to back to that rate anymore, anyone who missed it has just missed it and there is nothing to say about it. Even most of them that are complaining about the price being too high, had the opportunity to buy it at a cheaper rate back then but their stupidity wouldn’t let them to do it then, cause they kept thinking bitcoin was a scam. And now they are wishing for it fall, nah, that’s not going to happen again. Would be best for them to go for altcoins, there are lots of cheap ones.