More crash is good for BTC market, it mean more people will join in the game and BTC peak Price will be increased by end of the year.
So simply = BTC need to get More Crash in this year to make everyone happy by end of the year.
wht do u think?
Looking at the trend of the crashes in the price of bitcoin from previous years, I realized that after every major dip, more people get involve with bitcoin because of the cheap and this increases the market cap which ultimately increases the price of bitcoin after some weeks.
However, this dip we are in is a very fatal dip and this made many people afraid of the outcome especially newbies. They are afraid of investing in bitcoin because they are not sure the price will rise again.
Nevertheless, we all know that dip will come to an end one day and there will be a spike in the price of bitcoin so the best thing to do now is to buy more bitcoins and hold.
It is correct that this dip could be fatal for bitcoin. If price doesn't recover a bit, or even worst if it continues to fall, some people could see that as time for bailing out. To some it would be a sign that bitcoins price achieved all it could. And with more people leaving , price would fall and we would be in even worst situation than this one. Chain reaction could happen, and in worst case scenario, it could lead to downfall of bitcoin. But this is just a worst case scenario, which has small chance of happening. We all support bitcoin, and as long as we do it, we have nothing to fear.