My price target for Bitcoin is $500 for the low in the next crypto recession. But I'm not going to take a chance if it doesn't get that low so I'm going to be really building a base at $1000 or anything lower. But I think that is over a year away. It could go to $5000 before the next crash. Who knows. But there will be another crypto implosion and I will be there ready to rise from the ashes!
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So you're telling me the whole crypto market is going under 10 billion again? That cant happen, one guy from Dubai or Saudi Arabia will buy every coin in existence.... in one day hahahaha :) .. you know what it can happen haha
Hahahah, I know it sounds harsh and maybe even weird coming from a guy who is bullish on Crypto long term but a lot of the stuff is thinly traded and so when people gets spooked it happens fairly fast. Plus people become accustom to these big surges upward and when crypto isn't doing that and suddenly is losing 50% or 90% of its value people get real scared and realize they actually needed the money for bills. lol
But yeah....... it will get nasty again. Just be ready for it and plant your foundation and collect your rocket fuel! Then when it fires off we are bitty rich!