Post
Topic
Board Bitcoin Discussion
Re: No price correction for bitcoin? Did it already happen?
by
Yaunfitda
on 26/12/2020, 23:13:53 UTC
Is it weird that there still has not been a price correction for bitcoin? What does it depend on?
There are no correction because obviously, no sellers in the market. I think we will have correction if there is a bad news, but so far all crypto related websites reported all positive that's why the price continue to go up and new all time high are going to be set before the end of the year.

And also, the bitcoin narrative has change a lot, still a speculative asset, but investors are getting smart because of the whole "companies investing and used bitcoin as an hedge". So these companies are not going to sell for a profit, they are going to be long term holders.