What if the price of bitcoin falls to $5,000?

With all due respect to the naysayers, I’m not Cassandra.

At the last check, bitcoin prices are a little over $21,000. But let’s imagine a situation that some will see as the worst-case scenario: a price crash that takes Bitcoin to $5,000.

Would this be a disaster, some kind of black day for crypto?

I was asked this question recently and I was surprised because I never thought it could go below $10,000. But after thinking about it, I replied no, it wouldn’t be that bad.

Leave a Comment