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Just 2 years ago, the entire market cap of Crypto was $200 billion. We added $200 billion just yesterday. The current market is most likely the new normal. There are way too many dollars in circulation for the price of Crypto to crash back to pre-2021 lev

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by COINS NEWS 259 Views

There are a lot of people that are saying that Bitcoin will suffer a -80% crash or some other FUD about how a Crypto crash is imminent. This is really no longer possible in my opinion. Can you imagine Bitcoin selling for $10,000 in 2021? I can't either. Even in the worst possible scenario, I realistically cannot see Bitcoin being priced at anything less than $25,000 for an extended period of time.

Moreover, the SEC might also allow an ETF. That will funnel at least a few hundred billion dollars into the Crypto market per year once it's done. The amount of money flowing into Crypto is insane. Couple that with the number of people that now know about Crypto.

Crypto is now an asset that almost every professional investor holds. This was not the case even just one year ago. There is absolutely no way that Crypto will ever go down to the levels we've seen in 2019 or even 2020. We've seen 2 bull runs and one upcoming bull run in just one year alone. This is the most prolonged bull market we've ever seen in Crypto. Corona totally changed the game for Crypto. Crypto is now too big for it to crash like in 2017 and 2018.

submitted by /u/Many_Scratch2269
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