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
The strange thing is that bitcoin and etherum prices are going up at the same time.BTC went from 8100 to 9000 USD and ethereum went from 395$ to 470$.I thought that the correlation between the two currencies is opposite.When btc goes up,ethereum goes down,but this isn`t happening.Is someone (some big corporation,bank or some billionaire)buying lots of btc and ether at the same time?
If some big whale is buying,he will hold,so i don`t expect a price correction to happen soon.