Post
Topic
Board Speculation
Re: Mark Yusko: Bitcoin can go up to $ 30,000 without correction
by
The Pharmacist
on 22/07/2019, 13:01:02 UTC
Keyword: can
Of course it can, and anyone who was there for the bull market of 2017 can attest to that.  But we all know what happened then, and if bitcoin shoots up to $30k without a correction the market is going to be in trouble.

By the way, who the hell is Mark Yusko?

We are facing some correction right now  Grin
Eh, kind of.  Bitcoin dropping from $13k to $9500 sort of qualifies as normal volatility, and I'd classify it more as a dip than a correction--but that's just semantics.

There is a good chance that Bitcoin can go down to $ 1.000 if it doesn't hold the current level. What do you think of this?
Not likely.  There would have to be some seriously negative sentiment about bitcoin for that to happen, and dropping to $1000 wouldn't be a correction, it'd be a full-blown crash.