Post
Topic
Board Trading Discussion
Re: Do you think that a new ATH is coming or a crash?
by
exstasie
on 16/01/2021, 23:08:33 UTC
The price is 37200 right now.

Short term, I expect the correction to continue. It may stay sideways for a couple weeks in the $30-40K range. Alternatively, there may be a second leg down to the $25-28K zone, if the market mimics what it did in June-July 2017, during the last bubble.

In the medium term, I am extremely bullish. I expect new ATHs in a matter of weeks. If a crash happens in the short term, I would avoid selling into it. Buy the dip; do not sell it.