Post
Topic
Board Speculation
Re: Price is increasing too fast, will there be a correction?
by
hangar18
on 12/08/2017, 11:51:59 UTC
Bitcoin moving so fast, I don't think there will be any corrections until it passed more than 4000$ and the correction seems like going to make Bitcoin fall down below 4000$ again, at first I thought Bitcoin will have correction when reach 3700$ but the value keep passing, but for sure there will be correction
I too believe that there won't be any price corrections that take place before it reaches $5000. Maybe this could take place crossing the particular value. The past price correction took place when the price was staggering around $2500 and fell down to $2000 within a very small time period.
If next time like your predict, next crash or correction price on market will be have many volatility, maybe the situation panic selling can happening.
Because after reached highest price and not have any correction price for every period very easy breakdown the bubble growth.