Quote from: worle1bm on Today at 01:02:23 PM

Quote from: TheBitcoineers on January 16, 2021, 03:26:51 PM

The price is 37200 right now.

This year btc prices have gone too high reaching ATH of nearly $40k which came in a row after huge investment in financial assest.At this time of writing this post the prices are approximately $32k so the market is currently under correction because they fell from $38k to $29k and stabilize there which was good indicator and now they are slowly rising once again after investment from the new big players in the market and standing at $32000 but we can't exactly say whether they will fall further or not as anything is unexcepted in btc market but they cannot go down from $20k this time even if whales try to create FUD and fomo for panic selling as market have stabilize and from now on they tend to rise so hope for the best.

In this situation right now, bitcoin was played at a range price of $30k to $34k in the market but at least we saw that the market was still healthy in condition. We are already reaching the new ATH and I think that's it, but instead of a huge drop just like what happened in year 2017, we have stabilized the movement of bitcoin. For me, it seems small investors as of now doubting and sell their bitcoin. While big players or whales trying to manipulate the price.