Post
Topic
Board Speculation
Re: Interference movement due to market exploration on the new incremental slope
by
206 bones
on 30/01/2020, 09:40:43 UTC
there is a nice momentum building up and it is only going to increase in size. i don't see ups and downs, all i could predict is ups and ups and ups and down. meaning much bigger rises and tiny corrections. and soon enough as price started showing signs of breaking $10k there could easily be a big FOMO that can put bitcoin on a constant rising mode for at least a while until price goes up about 20 to 40% then see a correction.

Its possible, but for me unlikely. At this time I think this type of belief is what make whales profit. When I predicted the price would drop in the past rally, it was the same thought that was going on circulating the internet, & the correction was harmful. Some top traders got cought in the FOMO. Regardless, of this I think what you are saying will become a reality, but not now. We are stil 100 days from halving. Not near enough.

Will see...