Hi guys! What do you think, will bitcoin fall to $ 3000 in the near future?
Bitcoin is close to hitting a price that could see a 47 percent correction, according to one analyst, following a huge rally for the cryptocurrency that has led it to record highs. We will see the bottom in start of January, that is when stock markets typically tend to have a correction as well.
I would not go by what a single analyst says. What is his/her reasoning for such a precise prediction? It's important to read what several analysts think, making sure that you pay attention to what both the bulls and the bears have to say. It's important to find balance so you can come to your own logical conclusions that are hopefully as unbiased as possible (though of course there will always be some bias).