But there are prices that bitcoin can never fall to again, unless bad thing really happened that could collapse the whole crypto market. The lowest price I can think bitcoin would fall to was $14000, but it was surprising that it only falled to $17600 when I was expecting that. Bitcoin is at $19700 presently, but I am doubting if it would fall below $17600. No much analyses used than the 2018/2019 and 2020 fall pattern which makes me predict that bitcoin may not fall below $17600. But if it falls below that price, then I will just hold on to my previous thought which is $14000. With this, I believe that the volatility has decreased, but if falling below that price, which means bitcoin is just as volatile as 2016/2020, which is what I am not expecting at all to happen.
I mean, that's technically correct. It's next to impossible for bitcoin to drop below the likes of $100 or so.
The point is, There are lots of analysis on "prices that bitcoin can never fall to again" that you might as well not listen to them. How do you even know who to listen to in the first place?
Just like the name of this section which is "speculation", all you can get whenever the question of "how low" or "how high" the price of bitcoin can go is just a speculation.
Yea, this thread wasn't originally in the Speculation section.