Hey bitcointalk, i want to ask proffesional players in cryptocurrency world opinion about bitcoin correction, is it going at least to 4k$?
I can't imagine bitcoin $4K anytime soon, unless there are really bad news coming that will cause the price to this low. I agree that the Mt. Gox coins has something to do with the recent dump but it looks like we are bouncing back again because investors have realized now that there is no negatives news, although we have the Binance attack, it doesn't contributed to slide we see because they are quick in their actions.
Everything as settled down. And $4K will not be tested but another march to $12K and even higher at the end of the month.
$4k is too much for a price correction and it is not a price correction anymore, it is crashing already if that's happening but it will require some really really bad news. That people will end up panic selling every crypto they have and i already where it is coming but it's not happening yet so the price correction should be between the line of the previous price.