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do you really think about it? Seems too much in my opinion mate. And 11k is like another massive decline in the market if bitcoin fall down to that price. Just imagine from 30k above to that price which is 11k what a big difference. For me as long bitcoin still showing strong support it will never go dip wherein it will keep holding until market become fine.
That's why I said that I was eyeballing it meaning that I am not entirely sure and I was just being observant, and of course it is an opinion. Well, the price were 60k back in March but it was almost half of that now and you are saying that it's impossible this time around?
I agree.
No range is impossible for Bitcoin to reach. May it be on a bearish market or bull market.
Some wants the price to fall, so it can be a great time for accumulation. While some doesn't want the price to fall as it'll stress them out.
You have a good point in specifying the huge crash from the last ATH to it's current price.
However, as the huge crash just happened with more than 50% price correction, the market might be in a consolidation period and couldn't fall further down for more than 60%.
Nevertheless, we're all just speculating anyway.
For me, the lowest would be around $25,000.