Bitcoin has gone down lately and it made me wonder, what happens if bitcoin reaches back down to being worth a $1 or something? Right now it's at $36,000+, and I have a feeling it'll go up and down some more. But, what if it hit really low, like $1.
is this really possible looking at the big whales trying to force the price down to a point where dogecoin will be stronger or more attractive than the bitcoin.
But this indeed is a very wide thinking, this can only happen when every single soul involved in the crypto market suddenly loses interest and withdraws all the fund in the system. Otherwise it will not be possible, it will take alot of effort to force it down to that level.
What do you think would happen?