Quote from: mirakal on Today at 11:29:08 AM

Quote from: suzanne5223 on November 28, 2020, 10:49:38 PM

Quote from: Fredomago on November 28, 2020, 02:13:38 AM

Quote from: mirakal on November 27, 2020, 10:55:52 PM

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?

Hard question to give correct answer. There's no way we can trace whether we already into this deep or we can experienced more deeper, it will be between good analysis and traders who understand the flow. The situation will be more likely relied with speculations as investors are being move by news as what you have said.

Fud's and Fomo's still got influenced whether to what directions the trend may go, so far after that huge fall now it's moving forward again, for those who bought @ $16,526 can now enjoy selling as current value is now more than $17K.

It indeed a hard question to answer correctly due to the volatile in nature of the market but the vulnerable investors seems to have exit the market which is the reason why the market is somehow stable but it doesn't guarantee that the correction period is over. Having said that, the recent correction has nothing to do with investors moved by the news.

Just like what we are seeing now, bitcoin started an uptrend again, it's moving fast, already at $18k now, so it's really moving almost the same speed when it dump and pump, and with that, it's hard to predict the price, it could be a a real bull run or a bull trap, we never know until we verify it.

Even if we verify it hard to predict the markett price correctly but as I said the weak hands have exit the market and the chance for the market to make a quick come back whenever the corrections happen is positive but the market making it back to the pump stage again doesn't mean the bull run has started again and i will advise waiting till it like Tuesday before we know the trend the market real posed.