Quote from: serjent05 on Today at 01:19:34 PM

Quote from: Phantom Investor on December 26, 2020, 06:54:35 PM

Is it weird that there still has not been a price correction for bitcoin? What does it depend on?

Price correction had already happened though it is not that big correction. If you look at the market, there is some small dip after a certain uptrend. Just like when BTC reaches $25k, there is some minor correction that made it goes back to $22k-$23k range before bridging 25k and rally to $27k. After the $27k was reached, it was corrected down to 26k+ for some hours then goes back to $27k today.

It seems so, and the uptrend against Bitcoin made the correction less pronounced although there were a few minor corrections that caused bitcoin price to drop a little and eventually bounce back.
and now the bitccoin price has returned above 27k which is likely to be 28k or 30k in the near future and even though there is a correction in my opinion it is impossible to pass 20k and we will see what bitcoin moves next.