Quote from: pawanjain on Today at 01:42:08 PM

Quote from: BitcoinerExpert73 on November 26, 2020, 12:23:12 PM

It was always going to be a bull run once we hit $10.5K.
I expected us to continue the rhythm of small pumps and slightly smaller dumps while breaking the ATH.
However, bitcoin dumped hard today.
What's your thought on the bears still having considerable leverage in market prices?

Refer to: https://www.youtube.com/watch?v=_PXU0thDHCU

It was indeed expected that a major increase in bitcoin's price is prospective but what also was expected is the minor correction before another pump in price takes place.
Every asset that pump's rapidly in price also faces a minor dump and hence this correction we are facing now is the result of the recent pump in bitcoin's price.
Though the market is going a little sideways now we shouldn't be worried about it because the support level is good enough to bounce it back to ATH soon.
I expect BTC to reach ATH before the end of this year.

I think the current sideways for bitcoin is just a minor correction just like what happened last 2017 before it had reached its ATH. If the history only repeats itself, then there's nothing to worry because in the long run, bitcoin will have its new all time high. I have also high hopes that this year bitcoin will probably continue to surges high after a correction seeing the support level is strong enough and may even reach higher than what we all expect.