If Bitcoin drops to $17K, both MicroStrategy and El Salvador will be forced to liquidate all of their holdings, which would force the price to plummet below $2,000.
The price was at $17K less than a year ago, and the only notable change has been Tether’s record-high printing fraud spree.
Don’t assume this can’t happen. Any investment in BTC should be money you’re prepared to lose if you’re not taking profits.