Quote from: mrjoy15 on November 30, 2017, 08:00:07 PM

Quote from: alyssa85 on November 30, 2017, 12:48:56 PM

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.

This certainly was just a correction and not a real crash. You need to keep in mind that bitcoin went from $5500 to $11,000 without a reasonably big correction so I think I would be more worried if bitcoin kept gaining momentum and thus going up.