How Low Will Bitcoin Go


Bitcoin is the world’s first digital currency, and it has been very popular over the last year!A lot of people have made large profits by buying Bitcoin at a low price and then selling it for a high price bitcoin autotrader app But, how low could Bitcoin go? Citibank has presented bitcoin favorably to its clients and customers. Before starting to predict bitcoin projections, let's go back a little to the basics.I assume, as you are reading this guide, you must have heard of Bitcoin. Bitcoin Mining Rewards. Some see this endorsement as an. If history continues to repeat itself, Bitcoin won’t find how low will bitcoin go a bottom until the first week of March this year–and, if Bitcoin loses as much as it did in 2018, the price would go as low as $12,300. Now that you understand what Bitcoin’s price is and how it’s determined, let’s go over some events that can make Bitcoin’s price plummet. Many people still feel FOMO (fear-of-missing-out) regarding the purchase at the end of 2018, when the digital currency price decreased by $3,000. Ramp Capital pointed out on Twitter that “Bitcoin would have to drop 50% from here just to get back $16,500 — the level hit on Thanksgiving 2020.” (Keep in mind that this is not entirely unlikely: Bitcoin has previously lost more than half of its value on multiple occasions.). While most analysts agree that this is highly unlikely, stranger things have happened If history continues to repeat itself, Bitcoin will not find a bottom until the first week of March this year, and, if Bitcoin loses as much as it did in 2018, the price would go as low as $12,300. Treasury Secretary Janet Yellen called bitcoin "extremely inefficient" and warned about its use in illicit activity. Here's why. While most analysts agree that this is highly unlikely, stranger things have happened Bitcoin bitcoin trader is it a scam is probably the most famous cryptocurrency in the world that is recognized both inside and outside the community.