I also think Bitoin is at its best there is no accurate prediction because it is literally unpredictable and Bitcoin is unstoppable now. If the tweet from Plan B tells you something, take a look.
Most likely, our sentiment is that Bitcoin continues its bull run to 50K to 100K according to experts.
This Bull run has the peculiarity that there is a lot of investment involved and we will probably not see the price of Bitcoin fall as in the past.
https://twitter.com/100trillionUSD/status/1347255102390861824?s=19
Topic: Big BTC price correction incoming???? - page 3. (Read 567 times)
Obviously BTC is on a tear right right with the 40k resistance now broken today... my question for all you experts is this:
When will the next correction occur in your opinion? Also how big of a correction will it be?
I only have a small amount invested (I just started crypto trading right before this bull run started in Nov.), and am contemplating selling my position and reentering the market after the dip occurs.
When will the next correction occur in your opinion? Also how big of a correction will it be?
I only have a small amount invested (I just started crypto trading right before this bull run started in Nov.), and am contemplating selling my position and reentering the market after the dip occurs.
That idea is somehow unpredictable right now, because nobody has the accurate details of when this bullrun gonna end. We can only said a certain conclusions when market saturation might initiate, but for a meanwhile bigger corrections isn't yet happening. Once dip occurs, entire market will suddenly fall and went back to very cheap price. What's strategic today is that using small portions of your money for day trading is good, and by the time price go down slight you'll able to accumulate your holdings.
We have barely touch the bull run for this year, so for me, I'm not expected flash crashes similar in the past. For corrections, just superficial not enough to cause panic for beginners to push the sell button. This super fast rally could continue, of course this massive growth will decelerate at some point with minor pullbacks along the way.
[snip]
Nobody really knows and nobody really can tell you.
Well, you have a point there. Nobody knows when it will have that there is a [BIG] correction or just a normal correction that bitcoin has.Nobody really knows and nobody really can tell you.
But if you will look at it closely, bitcoin will never drop too much even beyond $30k, the reason is bitcoin gained trust from the community and even public investors were adopting now to bitcoin and different big names in private company was now also adopting bitcoin. On other hand, bitcoin was in the mainstream and the awareness of people makes the demand increase than the supply.
Obviously BTC is on a tear right right with the 40k resistance now broken today... my question for all you experts is this:
When will the next correction occur in your opinion? Also how big of a correction will it be?
I only have a small amount invested (I just started crypto trading right before this bull run started in Nov.), and am contemplating selling my position and reentering the market after the dip occurs.
When will the next correction occur in your opinion? Also how big of a correction will it be?
I only have a small amount invested (I just started crypto trading right before this bull run started in Nov.), and am contemplating selling my position and reentering the market after the dip occurs.
Nobody really knows and nobody really can tell you.
Fifty percent of the people expected a big correction at $20 000, then at $30 000, but the price is still going up. In another post, I wrote a thought of the Winklevoss twins: $500,000 is a “really conservative” target.
Obviously BTC is on a tear right right with the 40k resistance now broken today... my question for all you experts is this:
When will the next correction occur in your opinion? Also how big of a correction will it be?
I only have a small amount invested (I just started crypto trading right before this bull run started in Nov.), and am contemplating selling my position and reentering the market after the dip occurs.
When will the next correction occur in your opinion? Also how big of a correction will it be?
I only have a small amount invested (I just started crypto trading right before this bull run started in Nov.), and am contemplating selling my position and reentering the market after the dip occurs.
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