I really hope so! I need to buy more bitcoin, so I need cheaper prices.
Unluckily, my FIAT reserves go empty at much faster rates with the current Bitcoin price.
To be honest, I don't really care (or understand) technical analysis, so I can't answer based on financial arguments.
Topic: Bitcoin 30% correction in play ahead of $100K BTC rally — Analysts (Read 7 times)
Bitcoin increased to almost $99800 but the price decreased and almost got to $90000 yesterday. The price increased to $95000 but it decreased again. There is still some support at $90000 and the price now is above $93000 but some analysts are saying the $90000 support could be breached in a way that bitcoin can fall 30%. This will make bitcoin fall below $70000. I do not want to agree with this until one or two months has passed without bitcoin increasing. Do you think the analysts can be right?
This is the news
https://cointelegraph.com/news/bitcoin-30-correction-ahead-100k-btc-rally-analysts
This is the news
https://cointelegraph.com/news/bitcoin-30-correction-ahead-100k-btc-rally-analysts
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