Quote from: TravelMug on Today at 04:04:22 AM

Quote from: Inspiron14 on March 03, 2021, 11:44:27 PM

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.

How do you know if a correction will occur? it is true that the history in March was terrible for cryptocurrencies, because corrections always come this month, but we will never know whether a correction is coming or not, if you say a 50% correction came I really don't believe it, we are in the zone bullish therefore there is no need to worry.

There was already a correction, but it's nowhere near 50%.

And we are not over the correction in the last couple of days. We have jump to $50k again, so I would say that this March will end up just the rest of 2021, still in a bullish phase. So it's going to be a pity for those who listed to the suggestion of the OP to sell. And we all know by now what is the reason behind his FUD. Because for obvious reasons, he wanted to buy cheap bitcoin again.

Resistance though is at $52k, if we break this one, I would say smooth sailing for the next two weeks again and we might break the $60k-$70k price barrier.

Bitcoin is now being perceived as an inflation-hedge and an asset with a potential to give mouth-watering returns quickly, analysts said so the correction is coming soon in economics level in bitcoin