Post
Topic
Board Speculation
Re: IS BITCOIN GOING BACK DOWN?
by
richardsNY
on 12/06/2017, 19:11:14 UTC
A major correction is coming, be it this month or next month but I am sure it will happen.
Hopefully it won't be as harsh as we have seen in the period 2014-2015. That seemed like a decade to me.

It's already some sort of a correction. It all fits in how the market is trying to find a suitable range to settle in. Strictly speaking, there are traders with sub $2000, and even sub $1000 coins that are looking to cash out profits. In this case I don't think it will fall all the way to sub $2000 levels, but this correction is similar to how we have gone down from +$2700 to sub $1800 levels not that long ago.