Who can call the correct bottom for BTC's current correction?

breedingsuccess

newbie

Activity: 14

Merit: 0

Quote from: breedingsuccess on December 21, 2017, 10:55:14 PM

This will be interesting to see where BTC's current correction stops. Using Coinbase's data chart, I'm calling the bottom of the correction: $11,400.

Anyone else?

Man, if that was the bottom, then it hit $10,400. That's wild. I was $1,000 off.

timerland

hero member

Activity: 1526

Merit: 596

Quote from: breedingsuccess on December 21, 2017, 10:55:14 PM

This will be interesting to see where BTC's current correction stops. Using Coinbase's data chart, I'm calling the bottom of the correction: $11,400.

Anyone else?

I personalyl believe that for this dip we've already seen the bottom at around $14000 or less. I seriously doubt that you'll be able to find much better buying opportunities in the period of this week to next week, since BTC basically already lost 30% of its original value.

I don't see a reason for the rebound to not happen.

Bitcoin is still bitcoin, nothing has changed. It's just that the price has risen so high that people are taking their profits for the moment before reentering at a lower price, and that has caused a panic dump apparently.

vit05

hero member

Activity: 672

Merit: 526

12k. It is too expensive to move the coins. So some exchange will hit a floor really low. Lets see who is the lucky one that will buy on the botton.

breedingsuccess

newbie

Activity: 14

Merit: 0

This will be interesting to see where BTC's current correction stops. Using Coinbase's data chart, I'm calling the bottom of the correction: $11,400.

Anyone else?

Topic: Who can call the correct bottom for BTC's current correction? (Read 139 times)