Bitcoin is now in its correction at Christmas time. Do you think BTC will rise again after this time?
Let me ask one question too? When will stupidity stop being a characteristic of humans? See mate,there are various support levels strongly built,one at 12,200;11,700;10,500 if in case bitcoin crashes more. Consequently if bitcoin goes above the price of 17,200 we can see another all time high before new year. There's need for a lot of blood in the markets though.
The price seems to be hovering over $15,000 for the past 1 day. An ATH before the new year seems doubtful, given that the momentum has been lost. Support levels have been built, but I doubt if the technical analysis based support levels are any good in the cryptoworld. Bitcoin certainly did not respect any resistance levels during its run from $900 to $20,000 in 2017.
