This article explores potential changes in Stellar (XLM) price if Bitcoin drops to $80,000, presenting three scenarios: pessimistic, realistic, and optimistic.
Pessimistic Scenario
A sudden drop in Bitcoin to $80,000 could induce market panic. Under this scenario, Stellar (XLM) might decline by 20-30%, reaching $0.18 to $0.22. This is driven by increased selling pressure and investor fear, leading to liquidation of leveraged positions.
Realistic Scenario
In a realistic scenario, Bitcoin may gradually decrease to $80,000. Stellar might follow Bitcoin's trend, decreasing by 10-15% and reaching $0.23 to $0.25. Such corrections generally maintain healthy trading and clear out uncertain market participants.
Optimistic Scenario
The optimistic scenario sees a brief touch of $80,000 by Bitcoin with a quick recovery. In this case, Stellar might only dip 5-8%, staying between $0.25 and $0.26. If positive Stellar news coincides, it may show independence from Bitcoin's fluctuations.
Despite different scenarios, these predictions provide frameworks for potential outcomes rather than precise forecasts. The crypto market remains volatile, influenced by various factors.