Hey guys,
Today we saw a momentary pullback on the market but it is recovering now, not completely but almost...
Do you think it will reach the previous highs and move upwards or are we still going to see a correction for the recent bull run?
What are your thoughts?
here we go again with this fcvkin correction thing. this correction thing has been discuss all the time and we cant still see it. so i guess theres no really correction that will happen to bitcoin because the value seems unpredictable and verry volatile, it keeps moving from time to time and the value is totally unstable.
ps: though im not really sure what does correction means.
Is there anything in the currency world that is not volatile ? Have you ever been into stocks trading ?
Even fiats in the Forex market are volatile; the only difference is that fiat is a controlled environment while bitcoin is an uncontrolled, decentralized environment.
Do not get too comfy bro, because there is nothing that goes up that does not at one point come back down to test support, and that is correction. You just have to get used to it.
This is the main reason why people pay attention to crypto markets as a shinny star of the economical order. The volatility plays an important role here. For bitcoin, I don't think the correction is totally finished. New one will come soon.