Post
Topic
Board Speculation
Re: BTC Price Pullback
by
TTITA
on 26/04/2018, 21:11:14 UTC
Only the newbies and those who are week-old investors are wanting the price to rise unrelentingly. The rise from $6500 to $9600 in just over a week is surprising and at the same time, worrying. It could be a bull trap or some fake pump for all we know, but luckily the price held and has continued to do so for a couple days now. A much needed correction had already been expected by most traders. This is nothing new; it just resets the market for a bit before we take any direction from there, which is good. $20k is surely achievable, though I don't see it happening this month ir even the next ciming months.
Everything is only based on greedy only, I agree if this is like a fake pump, because if there is a fake pump then when there is correction will occur panic selling and make the market bleeding again.