Bitcoin has now fallen below the level of 35,000 US Dollars. This is a very low price that is scaring many investors. Bitcoin is now at about half the value it was in November of 2021. Many people who have made massive money off of crypto are predicting a massive price fall in the coin. Of course, many predictions have been wildly inaccurate in the past. Many comparisons to the Dot-Com Bubble are being made of the current crypto space, with many expecting very few coins to survive into the future, and many to become worthless. While Bitcoin has always been a central player in this market, it too could become worth nothing. Nothing ever seems to be for certain when it comes to Crypto. While a massive crash is currently predicted, only time will tell the reality of the future outcome for Bitcoin and its' counterparts.
Links to previous relevant posts
@oilmagnate/current-state-of-crypto-and-nfts
@oilmagnate/outside-the-us-crypto
@oilmagnate/gas-fees-on-ethereum
@oilmagnate/crypto-price-crash
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Any comments on my post are welcome and appreciated