Does this current bullish cycle not worry anyone?
Most people that know how markets work know that healthy markets need to correct to continue growing.
The current bullish cycle is larger than the first and second one, where we saw some nasty corrections, meaning things could get real dirty, real soon.
Market cap has increased from $250B to $310B within 7 days.
I want to know what people think.
https://gyazo.com/d0acc37f197a677ac4752650c7e94e77
Most people that know how markets work know that healthy markets need to correct to continue growing.
The current bullish cycle is larger than the first and second one, where we saw some nasty corrections, meaning things could get real dirty, real soon.
Market cap has increased from $250B to $310B within 7 days.
I want to know what people think.
https://gyazo.com/d0acc37f197a677ac4752650c7e94e77
I agree that a big correction is about to come, but it is really hard to determine when it is going to happen.
You can never know if the correction is going to be happened when the bitcoin price will be already more then 15K$, or it's going to be tomorrow or in a hour.
I think that this mega bullish bitcoin market becomes very risky, and people who are not ready to take loses should not be investing at it at all.