Post
Topic
Board Bitcoin Discussion
Re: Why major correction happen in bitcoin
by
crytomusica
on 20/01/2018, 23:07:01 UTC
It's not certain that they'll reach new all time highs. The correction happened partly because of the futures expiring close to that day, and with all the FUD going on with South Korea and Asia. The market is still about $100 million short of what they were a month ago so we'll see what happens.
The price is going to get a whole bunch of pumps when the customers find that the price right now is nothing.

I'm not sure about that. Little recovery started already but correction may come a bit later maybe in a week or so. The reason is the major bitcoin holders are accumulating their position before the pump I believe.