Post
Topic
Board Bitcoin Discussion
Re: BTC next target 😉
by
shoreno
on 24/12/2020, 18:30:27 UTC
Yes, 30k would be a great target, but I prefer not to lose 20k in the next 6 months
When the market rallied last time close to 20k and we had a major correction the price went down around $3500 and you should expect the same kind of correction after this rally. There are institutional investors investing heavily during this rally and you cannot expect them to hold for the long time and it all depends upon the global economic situation as well and they can always dump the coins and it might take the market down close to $10k.
we already get our share and its bad if we are going to be stingy for wanting the price like this to stay longer to be able to sell and profit more later on  . its time for the giant investors to do their part which is to sell and earn , this market is a mere give and take .

if they are happy doing this and if they are happy to what they are getting , we can expect that they will do this again and again . i like that better than seeing crypto having a boring price . we can target 30k or more after the said events happen .