resistance has just been made at $ 34600, and this will be the strongest resistance this week,
if it breaks then bitcoin will go down to $ 40k easily, so this is an opportunity for us to buy bitcoin on correction.
yes, usually at the beginning of the year bitcoin will always make corrections and that is a natural thing, but we hope that this year's correction will not be the same when in 2018 the correction actually dropped drastically.
because the halving process that occurred this year has not yet occurred, so there will be renewable ATH this year. so keep holding or buying bitcoin if when the correction occurs it is the right thing.
It is not the same, it is already not the same, first of all that was 20k and the drop didn't happened in a day, it took a while, and it could easily go down to 8k or so which is about 60% drop if I am not wrong, which is a HUGE drop, and even with that we were at 8k. Same happens here and we are over 15k right now, and that is not really that bad, I think even on lowest we would get to 10k instead of 3k, which isn't really that bad for many people considering we were under that price just a few months ago, like September started with that, so not that many people bought over 10k price, only the people on the last 4 months or so.
Secondly, just because one thing happened once, doesn't mean that after every single increase, we are going to follow that with 80%+ drop, sure that happened once but doesn't mean it will happen every time neither.