Post
Topic
Board Trading Discussion
Re: Wait for the dump
by
Mpamaegbu
on 28/01/2021, 19:44:40 UTC
Bitcoin is dumping!! Is this going to a repeat of 2017? Remember what happened in March when covid hit? The second wave is here and btc has been pumping despite that. What do you guys think? $100k still happening this year?
I take into cognizance that your post came more than two weeks ago and that was even at a time Bitcoin was still soaring. So, I wonder why you felt it was dumping. Even with what's happening now, I still don't think Bitcoin is dumping. At best we can describe its movement as ranging. The market has a way of making its own correction from time to time. This is what is happening to Bitcoin ATM. It's too early talking about any Bitcoin dump right now for 2021 is a bullish year for Bitcoin. May be at the last quarters of this year Bitcoin can slow down on its rise. But certainly not this first quarters.