Chronicles of a certain fall on Bitcoin's market
The fall in the price of Bitcoin and many other cryptocurrencies is certain as the speculation that feeds them at some point will inevitably stop and they will collapse. No investor expects to lose the entire investment, before he goes forever, when he sees a sharp drop of 80% -90%. Already a bunch of them (cryptos) stopped trading and disappeared. I estimate that the price levels for Bitcoin will reach low levels, around $ 2 to $ 25 per unit, as the current prices are too high to invest with so much risk and the percentage you hold is too low to benefit.
It should be emphasized that this cryptocurrency environment has been fully developed on two specific bases, firstly it exists and operates under speculative pressures and secondly it's an important alternative in cases of capital controls and currency devaluation in several countries, especially under the unfavorable presence of pandemic. However, this does not mean that another axis of operation may not arise in the future, which will probably be the main factor that will keep them in the investment arena.