Quote from: Slow death on Today at 11:51:05 AM

Quote from: K21000 on February 23, 2021, 06:14:38 PM

Sell your coins while you can, price is almost certain to correct downwards by at least 50% over next few months.

for that to happen the price would have to break the huge support that is in the $29,000 something that until now is very difficult.

Never seen in my life that something has a correction of "at least 50%". I dont know what should happen in cryptocurrency community for price go down so much. I've heard lots of people mentioning support levels. For sure, they will save from such drop, but would they save from panic sale?

Luckily, it is hard to start a panic sale right now. Recently Must tweeted that bitcoins price is rather high, which was followed by instant price drop for few thousands, but right now everything is recovered. As Tesla invested in bitcoin when it price was above $40k, I dont think they and other market player will let price to go lower than this level, for a long time.