Bitcoin maintained its value at around the $100 mark for a year or so. Because of it being harder to acquire then it is to sell the currency, a premium will be caused by the extra demand and standard premium, making me believe bitcoin will be worth $125 long term. My thoughts were that bitcoins would always be around the $110-$125 mark, being worth around $100 and due to extra demand on the buying side, be slightly higher then that figure.
When BTC skyrocked I sold out and have not bought back in except when making discounted purchases or to get things I need through BTC. If BTC falls to the value I put on it when I was introduced to bitcoin 4 years ago, I will probably buy again around the $100 mark.
My guess is it falls to near $100 then back to $125 for awhile. If it goes below $100, all hell will break loose I think.
Do you really think this is a special guess? its how it fluctuates.
All I can say to this is
NO SHIT.Its been dropping and doing this for at least a few months now.
I called this when bitcoin was over 400. It's going to struggle for a bit before we see any real rise over 400 though it may bounce back and forth over 100 under 400 for awhile this year, slowly becoming more stable.