Will Bitcoin ever come below $3,000?

in #bitcoin7 years ago

I do not think the price of Bitcoin will come back to this level anymore for the following reasons:

We are in the stage of going mainstream, so the demand for this crypto will increase.
Many investors hold the crypto, so the supply available shrink.
Big players start to invest and ETF appear on the market, my country just accepts one this week.
Segwit and Lightning Network will provide useful services that people want.
A good store of value like the most prestigious metal in human history that is gold.
Now you have Russia that will compete against China for mining cryptocurrencies.
Do not pay attention to all event that happens to the ecosystem. Even if China bans the Bitcoin trading exchanges.

Bitcoin is strong, healthy and resilient to FUD, governments and central banks!