Post
Topic
Board Speculation
Re: Bitcoin bullrun and correction period
by
buwaytress
on 28/11/2020, 22:05:12 UTC
I see that the fall in prices in the market has stopped.  For the third day in a row, Bitcoin is at over $ 17,000, and ethereum is at over $ 500.  Holders of the cryptocurrency are in no hurry to sell it, so far those who could not stand their nerves and who urgently needed money did it.  It seems that the price correction will not last long and the bullish run may continue in early December.

Nah, too soon to tell. It's the weekend and yes, we're almost back above $17k for 12 hours now but we haven't put behind volatility in the past 24 hours. Also, the bulls and bears do love a Sunday, so they could just be prepping up some targets for intense selling pressure below $17k. The wall already crumbled several times there, only natural they'll want to go a notch lower.