Post
Topic
Board Speculation
Re: Its not as bad as it looks
by
pitham1
on 06/01/2017, 17:03:53 UTC
I went to https://bitcoinwisdom.com/markets/bitfinex/btcusd and looked at the chart for the 1w time interval and this drop looks like a healthy pullback. What do you think?

Yes, it is a healthy pull back. I would have worried if the rally continued.
If we get into bubble territory and then people burn their fingers, they will blame Bitcoin.