Post
Topic
Board Trading Discussion
Re: TA gods, need your advice
by
XZERO1
on 10/12/2020, 14:10:14 UTC
I've heard repeatedly that Q1 is historically a bad one for BTC. Do y'all see the same scenario playing out in 2021?

I think so, Bitcoin already had enough increase in price without almost any correction, it can still get another leg up till the end of the year or in the first or second month of 2021 but that got to be it and it has to go down for a while at some point.

I believe there would be no dump or crash or anything like that though, just some correction maybe to about $13k-$14k, and from then it would depend on many other factors including how is the situation with pandemic and SPX/USD, over all to keep it short I think Bitcoin will stay up as long as the pandemic is not totally over and SPX is up like now.