Post
Topic
Board Trading Discussion
Re: Will there be correction?
by
JPMoron
on 26/11/2017, 11:51:10 UTC
It is common after rising the  a correction is happened,
Do you think correction  to Bitcoin will be happened soon & what is the limit?

I estimated from TA  that it might reach 8000 usd -8200 usd,
Just wondering and I am looking for better advise and discussion from expert here in this forum

Correction is always possible,
I dont think the correction would be soon.

It is so bullish
and this rising is under 4 billion usd volume (24 hours).

It is big and it is not easy to correct a big bullish market.

I would estimate for correction soon,
Big market may need to cash it.

I also agree that a rise was likely to form a downward to its previous support,
It may be at about 8100 usd