Post
Topic
Board Bitcoin Discussion
Re: No price correction for bitcoin? Did it already happen?
by
Google+
on 26/12/2020, 23:54:27 UTC
Is it weird that there still has not been a price correction for bitcoin? What does it depend on?

This years ATH is no similar to 2017 ATH. The year is not yet over and the price keeps pumping. Correction might happen after this year, there must be a correction since there were people who just go along with the pump. Its normal to see correction, this will show what value really Bitcoin has. Since bitcoin have gain credibility and publicity, its normal to see continuous spike. Still expect a sudden drop, whake can easily manipulate the price.
The history of the change from 2017 to 2018 made a lot of injuries to bitcoin traders because of the collapse in the price of bitcoin which made many people lose money, but I am sure that will not happen again to bitcoin because so far bitcoin has been known to many people and many companies have know bitcoin so that it will make an impact on bitcoin price movements that are happening at this time.