Quote from: Distinctin on Today at 02:39:23 PM

Quote from: lonelygrimm on Today at 06:18:13 AM

Quote from: Paycheck on January 08, 2021, 03:39:41 AM

What do you think of the recent price gains and if the prices will stay up or crash out?

This is just my opinion, but looking from the graph, bitcoin price will still continue to go up, if it go down, its maybe stop at $35k. but this price increase is very high, far than the price in 2017. There is still the possibility to decline and be stable.

I think bitcoin at the moment has still big supporting wall which keeps its growing its price but nevertheless, it will still experience some price correction that will make its price to go down deeper. This is already expected by everybody here and once it will happen, lot of investors will finally take advantage of its price to buy bitcoin and hold them for another future profits.

When the price drops to 32k, I think that is when investors buy and hodl. So right now, we are waiting for it to surpass the ath and see if another correction would happen after that. If another correction happens, I don't think that it will go lesser than 30k. So in my opinion generally, btc has now a safe haven of 30k and that would be my predicted lowest price for the months of January and february.