Post
Topic
Board Speculation
Re: Will Bitcoin dip during the Holidays?
by
1Referee
on 27/11/2017, 16:15:12 UTC
It will either fail to cross $10000 and we will get a dip for a next attempt, probably next year, or we will cross $10000 and then go straight to $11,000-$13,000 or something along the lines.
That. I just in case took profits at the moment Bitstamp has broken through the $9500 level, because I rather have a decent bunch of fiat aside that I can put into action in case the market doesn't break the $10,000 level and corrects. If the market is going up further, which may also happen, I have enough coins aside that I can sell at higher levels. That's the benefit of cashing out smaller fractions per time.

I think it would be better to correct before crossing $10,000, but the bull market is so strong that I think we are just going to the moon.
People have been waiting for a correction to happen for quite a while now, and it still has to come. I have never experienced this market in current strong bullish sentiment. Most of the things from the past don't apply anymore since we're dealing with various freshly contributing aspects. Happy holding people!