Bitcoin critics say BTC price is going to $0 this time, but these 3 signals suggest otherwise

[newshunter]

Bitcoin critics say BTC price is going to $0 this time, but these 3 signals suggest otherwise

Bitcoin haters are ready to read its obituary, but on-chain data and other indicators suggest the current price range could be a good buy zone.

Source: Bitcoin critics say BTC price is going to $0 this time, but these 3 signals suggest otherwise

Would appreciate your opinion about this

[cryptoredentor]

Now there is a lot of infrainstruture for blockchain and bitcoin. I mean, in Brazil were I live several big banks are offering bitcoin, crypto funds and etc. This can't go to zero. It may never reach ATH again, but zero? No.

[Noverteno]

The price of bitcoin fell heavily during the first half of the year, but this cannot indicate that its value may fall to zero. Periodic deep drops are typical for the cryptocurrency market and this is considered practically the norm for this market. Bitcoin, like other cryptocurrencies, has experienced more than one price drop, and each time they recovered and grew in price even higher. It will be the same this time. After some time, the market will recover and continue its growth. In addition, there is no objective reason for the bitcoin price to fall so low yet. I think that we have already passed the price bottom or we are still in it. This is a really good time to buy bitcoin and other potential altcoins.