Post
Topic
Board Bitcoin Discussion
Re: Bitcoin a deep pullback @40K?
by
CryptopreneurBrainboss
on 04/01/2021, 06:01:23 UTC
There is a saying that whatever goes up most come down. Some traders predicted a pullback @30K but got smashed. Can we see a pullback @40k?
Let have you thought on this...

This will totally depends on the energy in the market at that price, if the energy is still bullish I see no reason why a pull back will occur. It my attempt to cross that milestone numerous times like what happened with the $20k price but when it does cross it'll continue the upward movement and next stop would be the $50k trading price.

It's advisable to just hold through the bull run instead of wanting to outsmart the market as the possibility of getting smashed is high. We just cross the previous all time of almost 3years just few days ago.

Any pullback happening has to be in few weeks or even months to come and not not immediately, investors both institutional and retail investors are still buying it bitcoin due to the fomo currently in the community.