Things a bit uncertain right now with certain alt "upgrade" which can go either way really quick.
Looks like there are a few alts that have coincided their major forks too to around the same time so it might be something that becomes increasingly more interesting (/problematic) to watch. Based on luna's unlocking though, what if we're already priced in for a movement like that (with the lack of upward move on btc beyond $70k)?
What that matters is that the best time to hold is now, bitcoin plummeted from $69000 to $20000, that is a significant bear market. And you know what? The best time to hold is when others are panicking. Remember that 1 BTC equals 1BTC, nothing like liquidation, only what will happen would be unrealized loss if the price of bitcoin decreases further, but it would be happy ending when bitcoin reach all-time-high.
But if it would be fun to predict what the highest and the lowest bitcoin price would be in this month, I presume that bitcoin is not going down below $17000. I may be wrong, but that does not make my statement of holding bitcoin now to be invalid, it is still very valid.
But if it would be fun to predict what the highest and the lowest bitcoin price would be in this month, I presume that bitcoin is not going down below $17000. I may be wrong, but that does not make my statement of holding bitcoin now to be invalid, it is still very valid.
$17k is not too far away and it wouldn't be too problematic for us to go that low imo, even the $14k that has been predicted before wouldn't be much of a problem to most that have held so far.
No one's really actually called for the price to halve too which might be an even more positive thing (the lowest I've seen suggested is $10k - which I could imagine would be huge support).
