No I don't expect it but who knows? They just look like the support levels on the weekly chart. We will build some more support levels on the way up - the slower we go the better - but we all know it won't be slow.
Hopefully the newbies are learning the hodl meme.
They definitely aren't. I'm seeing so many morons on my facebook feed who are now posting status updates about bitcoin and how "It's projected to go to $xxxxx by 2020". These people are buying into the hype and the massive gains we're seeing right now and they get elated, dump money in and think it will forever multiply every month. These people don't know much of anything about bitcoin/finance and when/if a correction comes they're going to panic sell and be angry that crypto fucked their savings up. Ultimately I'm bullish but these prices have me losing sleep because if I were to cash out I could buy a nice Ferrari. It's nice to think about but I think I'd rather go down with the rocket than miss out on it getting to the moon. However I will get a sick evil pleasure out of seeing these uninformed noobs panicking and getting rekt in the correction.