Quote from: Sled on Today at 10:13:54 PM

Quote from: LUCKMCFLY on Today at 10:00:52 PM

Quote from: jemimah_f3 on November 17, 2020, 01:03:04 PM

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.

So it means that these investors are seeing Bitcoin will grow from what it has today. I'm not supposed to believe these but that something we need to find out how these words will play in this volatile market coz I know how influential are they.
$25k, $50k, and possibly $100k as many say's. Even though they are having such a statement, we are still being cautious in our actions because not all have come into reality.

We didn't eve expect for the price to reach out 24k and that's why we shouldn't really expect nor hope too much on what would happen in talks of future prices.
Some did even hope or presume that price might cling up up to 300k to 1M which it isn't really realistic at all and I don't know on why the hell they do came out
into these kind of speculation where it do turns out that they do look too much positivity towards bitcoin.It isn't bad though but it is stressful into your part
when you do saw that the price isn't really going on that way.When it comes to dumps or corrections then it anytime can happen that's why you should be
wise on when to take profits.