Post
Topic
Board Trading Discussion
Re: Long awaited Bitcoin correction(+)
by
Stedsm
on 23/12/2017, 18:37:49 UTC
The Bitcoin touched new max, the news about CBOE Futures - is Fact now. There is no new information about Tether huge cap. And loooks like double top on Bitcoin chart is drawing now.
My opinion is that correction will be achieved in the range 8-12 and then big daddys will open new long position with target 25-28 before new year.
What you say?
BTC

You're right that it was actually long-awaited and needed because we had been seeing constant rise in its value which was hazardous to its health itself. It corrected to 11k and then rebound happened where Bitcoin regained its credibility in the eyes of those who recently invested and thought they got cheated (by the markets). I believe patience is our best friend whenever a correction kicks in because a correction is like an examination, a test we need to clear by being calm till the red goes back green.