Post
Topic
Board Speculation
Re: Crash or Correction
by
mrjoy15
on 30/11/2017, 20:00:07 UTC
A crash is a drop of about 30% or more. That would take bitcoin to about $7700. The price is around $9700 right now - so it's a correction, and it's consolidating between $9000 and $10,000. Which is fine. It went up just too fast.
Exactly. And it take over shortly. BTC has a lot of support around $7900 area. I think we could see a correction to that level for a day or two and then rocket back up. Maybe I'm proved wrong, lets see what happens.