I’m curious to know what other people think about the possibility of bitcoin moving $10k in a day. I know that the cryptocurrency market is volatile and unpredictable, but do you think it’s possible for bitcoin to reach that level of value in a single day? What do you think the chances are of this happening? I’m interested to hear what other people think about this.
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Maybe when some hyperinflation data gets released
At 500k that is a 2% move so yea you will see that.
Yes it will. Faces will be melted.
Anything can happen! Its Uptober!
Yea eventually..btc moving 10% in a day historically isn’t crazy so when the price is north of $100k a 10% move will be a $10k move.
If I’m not mistaken in the late 2020/ early 2021 btc run there was a day where Btc + $11,000 on the daily but can’t remember which day
I’m usually pessimistic but a 10k move is definitely plausible in the near future.
March 20ish it tanked to ~3K and I believe jumped to ~10K very quickly
May 7 2021 $58,958.00 to 34,618.00 May 21 2021 if that means anything. An ugly month for sure.
You can Google the Bitcoin price timeline and examine the data. Interesting stuff.
Why are you still thinking of btc in $. Ffs 🤦🏻
Will the Knicks win the finals?
No
yes you will see that in 2024/5 imo
I feel like it’s decreased 10k in a day at some point.
Yes
Feb 08 2021, BTC opened at $38,871.43 and closed at $46,448.10 for a gain of $7576.68 (19.49%) on the Coinbase exchange. I believe this is the largest day gain ever in dollar amount.
We have seen those days or it was 8k or something. They happen in bull run not bear market
I mean Monday Feb 8th 2021. here is a screen grab of up 8.3k at one point
https://i.imgur.com/KebAAOX.png
No
Sats don’t “move”. It’s legacy fake money that lose value against them. I suppose it already happened in Zimbabwe, maybe Venezuela. Inevitably, it will happen to USD as well.