A 99% drop? Only if Bitcoin's dead. It’s just down because of the global recession and all the chaos the US keeps stirring up. Gold is booming too, so this is just part of the cycle.
Honestly, now's the time to be stacking Bitcoin. If you're in it for the long haul, just keep buying regularly. Markets will fluctuate, but patience pays off.
That’s a bit extreme. If Bitcoin drops that far, it would mean total chaos. Those who believe in BTC will capitalize on any dip, but I can’t see it going that low. I’m thinking around $40k.
Some people are gonna miss the bottom again. Remember when Bitcoin hit $15k? Everyone kept waiting for lower. Best to use DCA and not wait for a pipe dream.
There’s no way Bitcoin drops below $10k. It hasn’t since 2020. The worst drop we saw was to $16k. Unless something major happens, it’s not going to $1k.