The last time bitcoin hit above $19K USD per bitcoin, it crashed to below $7K within five months. Given that bitcoin just hit above $19K USD again and a new all time high, would we expect history to repeat itself and we also see Bitcoin crash below $10K sometime in 2021?
Will the price of bitcoin drop below $10K USD in 2021?
This question resolves "Yes" if the bitcoin price on coinmarketcap.com drops below $10,000 USD at any point during 2021. This question resolves "No" otherwise.
If this question resolves positively, this question will close retroactively to two days prior to positive resolution.
The time zone for marking the end of year will be UTC.
If bitcoin somehow ceases to exist, this question resolves "No".
If coinmarketcap.com ceases to reliably record prices, https://www.coindesk.com/price/bitcoin will be used instead. If both of these sites are unavailable, a different site can be used with the consensus of two Metaculus admins. If no consensus can be reached, this question resolves ambiguous.