I didn't remember the exact price that bitcoin hits in lowest so far but I believe that it is lower than $30,000 so we could possibly say in a safe speculation that bitcoin price may go down than $29,000 or any amount can be possible but so far what we have observe in the market is the strong resistance of bitcoin market price between $30,000-$35,000. But I am very much positive that bitcoin can be in a all time high again, maybe a great comback from a sit back is expected.
I also don't really remember what the lowest Bitcoin price was this year, because it's never been a long time for Bitcoin to fall below $30k.
Over the past few months Bitcoin has stabilized above $30k, and this isn't too bad actually. Although we are all disappointed, every time
Bitcoin will pass the $40k price it always fails. Maybe Bitcoin does need a lot of good news, to trigger the Bitcoin price to return to the ATH price again.
The most important thing is that we just focus on collecting as much Bitcoin as we can, because when the price goes up we can enjoy big profits.
This is actually good opportunity for those who are waiting for bitcoin to go down.
Remember, when btc attained the ATH this year, reaching about $64k+ level, some people were wishing they should have bought when it was still low.
And now is also a good time to accumulate more, if you do believe that the btc price will soar again in the very near future.
Don't wait again for the time that you will say, I should have bought it when it was in the 30k level.
But definitely, that's your choice, no one should be obliged buying their own btc stash.
I remember when Bitcoin hit ATH a few months ago, some people expected Bitcoin to correct, because they don't want to buy Bitcoin at peak prices.
But once the price of Bitcoin has now dropped, these people become hesitant to buy Bitcoin. Because they were worried the Bitcoin price would
drop even lower, we should not have such thoughts, because such thoughts only miss our chance to make profit from Bitcoin. Therefore it is
very important to learn to analyze the market properly, so we know when the time is right to enter. And according to my analysis now is a very good
time to buy Bitcoin.