THIS IS WHY BTC WILL BECOME 10K AND CRASH HUGE - READ IT
This is why BTC will hit 10K
And some will say you are dreaming or you want buy BTC cheaper - all 2 things are not the case.
Most think that BTC will stay above 30K OR 40k for all time - and that we will hit the 100K, yes as we don't know the future all is possible. but to be real and to think logically, what is a real range price for BTC?
Personally, I expect BTC will become lower than 10K in the coming time - because around 7K are the real value of BTC .. all above this 7K is hype FOMO and hope. when this hope will go out - most of the users will get into panic and sell BTC. ( the real changes what i mean with users - are BTC whales.
look to the story of NOKIA? look to the old company in the world - all did come to them end. - and the same can happen for BTC.
BTC produce noting its not like coca cola that have profits and eanrings- it's just a coin that depends on hope and that some says it will be the future payment - even that is not possible - BTC can not become a future payment - only depending on fees - and the people did give it a value -
satoshi nakamoto did create this coin normally for bad times in the world - as the wars, or when the banks fall out - but we see even when this happened - the BTC price going also down - so it will cost also more electricity on long term, and also on mining on long term, it will be not profitble.
As we said before the old company in the world: Kongo Gumi even did end.
Whales taking for huge % into BTC - when they are going to cashout - sure that BTC will fall for huge %.
There is no a company that invest for ever - there should be moments where they going to sell - when there is world changes, or depending on them intern invest, or they have found other invest ways.
Bitcoin is normally a peer-to-peer version of electronic cash.. the day today it used more for hodl and trading, then the real where its made for.
This all are my personally expecting - you are free to think that this could be right or no.
And some will say you are dreaming or you want buy BTC cheaper - all 2 things are not the case.
Most think that BTC will stay above 30K OR 40k for all time - and that we will hit the 100K, yes as we don't know the future all is possible. but to be real and to think logically, what is a real range price for BTC?
Personally, I expect BTC will become lower than 10K in the coming time - because around 7K are the real value of BTC .. all above this 7K is hype FOMO and hope. when this hope will go out - most of the users will get into panic and sell BTC. ( the real changes what i mean with users - are BTC whales.
look to the story of NOKIA? look to the old company in the world - all did come to them end. - and the same can happen for BTC.
BTC produce noting its not like coca cola that have profits and eanrings- it's just a coin that depends on hope and that some says it will be the future payment - even that is not possible - BTC can not become a future payment - only depending on fees - and the people did give it a value -
satoshi nakamoto did create this coin normally for bad times in the world - as the wars, or when the banks fall out - but we see even when this happened - the BTC price going also down - so it will cost also more electricity on long term, and also on mining on long term, it will be not profitble.
As we said before the old company in the world: Kongo Gumi even did end.
Whales taking for huge % into BTC - when they are going to cashout - sure that BTC will fall for huge %.
There is no a company that invest for ever - there should be moments where they going to sell - when there is world changes, or depending on them intern invest, or they have found other invest ways.
Bitcoin is normally a peer-to-peer version of electronic cash.. the day today it used more for hodl and trading, then the real where its made for.
This all are my personally expecting - you are free to think that this could be right or no.
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