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.
Well valuing $19,200?i think if there are some dump this will because others are selling specially those who had been trapped since 2018.
Or maybe there is a correction coming but of course that would be for short period before the price skyrocket.
Whenever there is a dump signifies the power of the selling market be stronger than the power of the buying or holdings. Basically those who where trapped in 2018 will definitely like to take their profit before any other advances toward this recent market. The correction which many thought to be a dump actually took place and this was for the purpose of Bitcoin to be corrected for further price rising.