Can Bitcoin fall to $1?
Every time Bitcoin loses tens of percent and the market is hit by a wave of liquidations, the same question returns: can the leading and most expensive cryptocurrency in the world not just fall, but crash to the symbolic $1? In its 17 years of existence, Bitcoin has experienced drops of more than 70%, 80%, and even 93%, gone through full bear cycles, exchange crashes, and regulatory attacks – and still remained in the game. Moreover, with each passing year, it is increasingly becoming integrated into traditional finance through institutional investors, funds, and public companies. So the question is actually a bit different: what exactly keeps Bitcoin from zero – and what set of events could really push the price into the range of a few dollars and below?
