Quote from: Dave1 on Today at 10:35:25 PM

Quote from: virasog on February 14, 2021, 11:35:41 AM

Quote from: Hippocrypto on February 11, 2021, 09:44:51 PM

Quote from: palle11 on February 01, 2021, 12:06:59 PM

I'm seeing with the way the waves has gone and the closing of last week and month, the price is going to drop taking off close to $4,000 from the current price. This maybe a major correction.
~snip~

The correction will tend to initiate this month but with minimal progression. As you see on the chart, dominance is more high compared with resistance so lets expect more demand to come. Traders who do short and quick trades would always benefit a good profit one its done in a right way. Avoiding wrong moves is a good action, because we need to hit the right path before success comes.

Many people predicating to see a dump in the market in February but contrary to that, bitcoin and altcoins are not dumping. I think we may see an extended bull market period without a significant correction. This is due to a lot of positive sentiments in the market and i think this time is different.

I wouldn't say or see this an extended rally, in fact if we hit $50k, then it could just be the start as for sure many will fomo on the market again because we are now looking at $100k at the next target for this bull run. But don't let be fool, just use our common sense, the price could go down anytime but it doesn't mean that we should sell, take that as an opportunity to get more BTC in our wallet and hold.

$100k will be for real, however, from $50k to $100k in this bull cycle? I think that is too much IMO. Anyway, some crazy stuffs are happening right now, even if I will think that it's unlikely to happen, I could still be wrong, so continue this bull run and let's see what's the ceiling and how hard the price will fall.