Quote from: rodskee on Today at 05:14:40 AM

Quote from: jemimah_f3 on November 17, 2020, 01:03:04 PM

As strong bitcoin rally continues and we may see ATH soon do you think there will be a massive retracement as well? I think current rally is different from 2017, bitcoin became more mature with support of big and smart money so I don't anticipate major price rop.

This time is far different from the past Bull because now investors are mature and we are seeing real people inside not like last 2017 that almost looks like a Bubble.

Now PayPal is merging in crypto,Some richest man in their country are investing inside this market.

Small investors are looking for legit coins to buy in and not those Pump and dump currencies.

So i think This Pump won't have massive DUmp but correction i believe.

The market is currently pausing near the ATH where it may considered as correction if tomorrow's candle will still be red and have a volume but this price pausing is a sign of bullish because the price is still holding at 23.6 Fibonacci retracement. I also expect that the price will consolidate in this time because if the price beat the ATH without prior consolidation then it may consider as bubble where there is a high possibility that a massive dump will occur. If there will be a consolidation I prefer to people to collect and acquire bitcoin as they can to anticipate the nearing breakout to its current ATH.