How Low Will it Go

How Low Will it Go

It’s easy to look at the last 4 hours, or the highs of last year and think BTC is sure to recover. It is more important to analyze what actually happened to make BTC worth any more or less than it was in 2020. Much of the growth is positive sentiment, but does it actually account for the true value of BTC . Has the price been inflated based low interest rates and stimulus money. Was the scare of inflation already accounted for last year. These are debatable issues. However, they do not detract from the idea BTC can still go down and its decline can be significant. This graph depicts realistic lows as BTC potentially loses momentum.