Quote from: Debonaire217 on Today at 07:48:42 AM

Looking at the chart of Bitcoin right now, there's no indication of a big correction by looking at 1m time up to 1HR time RSI. But when we are going to look at the 4HR time and longer, it already state an overbought indication and it implies that the Bitcoin market might fall anytime soon. When the correction happens, people will not really anticipate to short or sell their Bitcoins, thus, they might think of it as an opportunity to acquire more Bitcoins in hoping that it could increase further. But we don't have any assurance of what will happen exactly to the market. What is important for us to think is that, every good price increase, there's always a possibility of a big drop, so its better for us to stay alert to avoid our profits getting lost by the market decline.

I agree, that at what we have seen so far were some small corrections but now BTC has yet reached another ATH.

This could be the trend we will be heading towards for a while: small corrections followed by new ATH. But when the bull run stops for bTC, that's when we will see the large correction, but who knows when that will be...