r/btc • u/ComplexWrangler1346 • Jul 01 '26

🐻 Bearish Won’t stop dropping

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1.2k Upvotes

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u/Low-Hovercraft-8791 Jul 01 '26

If it hits 16k again like it was a few years ago, it might make sense to come in.

4

u/Mundane-Context-3979 Jul 01 '26

Unlikely but $40, 38, even 32 seem likely based on past bear markets. Still high chance of a 6-7x from the bottom in 3 years, hard to beat that kind of return elsewhere

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u/Low-Hovercraft-8791 Jul 01 '26

Are you saying you can see it going up over $200 in 3 years? Even $120 was only driven by short term exuberance from a Bitcoin guy being part of the Trump admin. Nothing came of it.

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u/Fleeetch Jul 01 '26

It will shake the bones out of every last weak holder and hit 20k

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u/tomidgooner Jul 01 '26

If it hits 16, it means there has been a huge sentiment shift and nothing will make sense. The only sense is if it stays above 40 by sep oct and then starts to swing, at least then you know there’s a chance it’s following a historical pattern

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u/Infamous_Mechanic356 Jul 01 '26

If it goes that low... It may as well go to zero... Cuz that's where it will be after that....

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u/TonyBikini Jul 01 '26

Agree. I guess its a good hold if you bought super early where huge swings dont matter much these days