I agree with this expert–that Bitcoin could go all the way down to 8k,
(Which is why I’ve never followed crypto — without regulation it’s the ultimate Ponzi scheme because there’s too much freedom for the people behind the coins to change the rules of the game in the middle of it, whenever and however they feel like it –)
But —
And this is a big But —
A big factor in the future price of all crypto coins depends on what kind of regulations (and role) government starts to play into crypto currencies —
So –> if government gets more involved and starts to regulate crypto and institutionalize it, etc,
Then crypto could skyrocket with government infrastructure and support —
*However*,
My gut says government’s role in crypto is on the back burner with the mess we’re in, the war, food, prices rising, etc etc,