We post a lot of the positive, outlandish Bitcoin forecasts so it only fair that we do the same on the downside.
“I think we could pull back to $20,000 to $30,000 on bitcoin, which would be a 50% decline, but the interesting thing about Bitcoin is we’ve seen these kinds of declines before,” Minerd says, speaking to CNBC’s Worldwide Exchange.
Do you think we see the $20Ks again on Bitcoin?
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I don't know but even if it dropped to 20k, I would still be in the green so I don't care that much lol. But I bet a ton of people would be shitting their pants. I would buy some call options on RIOT and let it ride as it would be safer.
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On my BTC I would be in the green; GBTC probably so although I was adding on the way up so it might be close.
I wouldnt be worried though. My sense is we dont have a pullback that far. We might see the low 40s though.
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I don't think it's gonna drop that low. If it did, I'd be losing money but I'd probably still buy more anyway.
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I am 100% sure we will see bitcoin at $20.000 at some point, the only question is when, probably in the bear market
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If the bull goes high enough, you might not.
For example, $300K BTC in this run like some are projecting might "only" see a pullback to $100K.
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well my money is that it won't go that high, but we shall see :)
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