Post
Topic
Board Speculation
Re: Bitcoin bullrun and correction period
by
mirakal
on 27/11/2020, 22:55:52 UTC
The market correction of bitcoin along with the entire cryptocurrency has begun. In a days time the market has faced a very big drop in the value. Right now everyone were with the expectation of market reaching its new ath value. Right now Whales will tend to make a big buy targeting to bump the price in a short and profit out of it.

The market now is already in bloodbath, bitcoin is still at $17k which is still a good price but the way the market is moving looks like big investors are already selling off, after the bullish run, the bear market will slowly take over.
it is likely the market will recover again considering it is Friday (black friday) where all coins and altcoins have decreased. possibly Monday will recover

Not thinking of the black Friday or whatsoever, it's not significant anymore, the market has changed, it move when there's a big news as people just like to speculate, yes, this is just a correction and buying at dip is a great strategy, but hey! are we seeing a dip already or we will wait more?