Post
Topic
Board Bitcoin Discussion
Re: Bitcoin a deep pullback @40K?
by
pooya87
on 04/01/2021, 04:53:48 UTC
There is a saying that whatever goes up most come down.
If that were true then bitcoin price should have never surpassed $1 and remained around $0.01 forever!

Quote
Some traders predicted a pullback @30K but got smashed. Can we see a pullback @40k?
Let have you thought on this...
We never see pullbacks, we see corrections or crashes.
Since there is no reason for a crash in a bull market while the adoption is growing fast, there can only be corrections and there has been at least 3 major corrections from $20k to $30k. Anybody expecting more doesn't understand how market works.