Quote from: richardsNY on June 12, 2017, 07:11:14 PM

Quote from: ultimatesky on June 12, 2017, 07:39:48 AM

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.

Even if it does fall all the way down to 2k, that would be a support level for me and a perfect opportunity to get in - I have yet to buy any but will be in a position to do so soon so this will be timely. If it does't and hold as you think it will, still a good time for a correction. I have to say no one can be unhappy with the way it's going now.