AI prediction, 80,000 bitcoins will be fully thrown into the market, and will at least drop by 10-20%, a 50% drop is also possible. How much do you think it will drop?
Based on past similar market situations, a certain analogy can be made to the "Black Thursday" in March 2020, when the price of Bitcoin plummeted from around $7,900 to around $3,800 in one day, a drop of over 50%. This was primarily due to the global financial market panic triggered by the COVID-19 pandemic, along with multiple factors such as the expiration of Bitcoin futures, resulting in intense market panic and massive sell-offs leading to a price crash. Assuming a scenario of extreme market panic and a lack of buying support, the sell-off of 80,000 bitcoins could trigger a significant decline in Bitcoin prices, potentially exceeding 50%; however, if market liquidity is sufficient and investor sentiment is stable, the drop may be around 10%-20%.
