Post
Topic
Board Speculation
Re: Will there be a massive BTC dump?
by
LUCKMCFLY
on 20/12/2020, 22:00:52 UTC
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.

I think not, because the true bullish trend has not yet arrived, according to Wyckoff's theory as I have seen my analysis there is still a lot to come, many investors have bought at the prices of $ 20k, which means that they are not going to buy to earn little, they always buy low to sell high.