Post
Topic
Board Speculation
Re: Is 50% correction on BTC possible?
by
mrcash02
on 08/12/2017, 02:50:58 UTC
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.

Even bitcoin has big fluctuations difference it won’t be that huge, the price now is 16800$ per bitcoin and if 50% is possible 8400$ approximately and that won’t happen but that just my opinion. It will hold up to 10000$ as the lowest but that just my opinion. I or anyone can be wrong but it always be subjective to oneself and what have he experienced so far from the movement of bitcoin in his presence.

Things are so extreme these days that I don't doubt anymore to see a big increasement in price like that. Usually when the year is ending BTC is rising. When you wrote this post BTC was pricing $16800, now it's back to $17878 again. The price keeps going up although the little dumps, let's see how farther BTC can reach on this nice sequence. I would say everything is possible now, so keep alert.  Cheesy