Thread: Money Bitcoin Take?
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Old 06-18-2022, 03:14 AM   #3772
Taco John Taco John is offline
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Join Date: Jun 2001
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Quote:
Originally Posted by BossChief View Post
If a similar type fall happens from its peak of approx 65k, that means the bottom would happen at 13k, but this is a horrible economy…I’m not sure there are retail investors in numbers to help it bounce from even that level.

There aren't. This thing isn't going to pop again until retail completely capitulates, and institutions DCA their way in to the bottom - whatever that may be. $1K - $3.5k is my best guess. They're going to knock the legs out from underneath it by going after the stable coins and exchanges. Exchanges will be scared off from selling ICO coin "securities."

None of this is accidental.
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