Re: Mark Yusko: Bitcoin can go up to $ 30,000 without correction

Mark Yusko said in an interview that Bitcoin price can go up to $ 30,000 without correction.

What's your take on this?

he thought wrongly, because now it is proven that the price of Bitcoin is down (correction) so that what Mark Yusko said was wrong and in my opinion it is impossible for Bitcoin prices to increase very high without making correction, because every coin price including Bitcoin will definitely be corrected when the price increases very high, so I don't believe what Mark Yusko said if the price of Bitcoin will increase to $ 30,000 without correction.

Of course, who would believed that the price will continue to grow overtime without any market correction. Technically we won't see the price going on parabolic rise so him saying that is just complete non-sense.

yeah well as we can see now many believe in such nonsense and even say it and many others believe in it too for some reason. I think some people are incapable of looking at the charts or maybe they see it but are incapable of interpreting them which would explain a lot if that is the case since it would show how they see the same trend but still expect a different result.