Good morning Bitcoinland.
After 4 days of slowly rising prices we had a nice little $100 correction and bounce halfway back up and seem to be consolidating well above $2500... currently $2525 (Bitcoinaverage).
This is the kind of moderate growth we need to keep going.
Go Bitcoin go.
Yeah I sure prefer that to the horrible rises we had previously...
Slow and solid growth with small corrections is OK.
I just don't want to see another peak at 3500 for some times... We don't need it and it can't be a stable and healthy rise to reach that ><
That might be what you prefer, but there is no real way to control the trend of the market.. and we all know the expression that the trend is your friend... so you cannot really give much weight to your preference as being more than merely a dream rather than what is the more likely scenario... the more likely scenario, at this point, seems that we are going to continue upwards and then at some point we are going to have an upwards spike and then a correction. Sure, we could experience a correction before we experience that irrational upwards spike, but at this time, that seems to be a less likely scenario..
So, in essence, each of us "in the know" should be preparing ourselves for an upwards spike and then a correction, and don't be living in a fantasy regarding our preferences that is not too likely to happen.