With the current continuing rise of Bitcoin price, we expect a correction coming soon. Do you it can reach around 50%? Give us your thought and own prediction.
Yes, of course it can.
The last crash occurred back in 2014, we went from $1,000+ to just under $200 in a few months. And we stayed at $200 for longer than it took to get there.
We can absolutely have a 50% drop. All it takes is some bad news or another negative development. The market pundits are right, this is a bubble, what they don't have right is that they call it a bitcoin bubble. It's not a bitcoin bubble, it's a cryptocurrency bubble. Bitcoin will be one of the survivors.
The important thing is that you make a decision, for yourself, if you believe in the fundamentals of the future of Bitcoin (or any other coin). That's how you need to start your decision making.