Post
Topic
Board Economics
Re: How low could Bitcoin go this time? after all good news is out
by
Baofeng
on 18/04/2021, 15:32:32 UTC
any idea?

No one has the crystal ball and see what the future brings. I guess this is just another dip in this bull cycle. FUD, negative news might affect the price short term, but with the way institutions and retail investors are pouring their money on bitcoin right now. I doubt that this correction will last long. We still have the $50k support, very big support. So most likely it will hold and at the start of the week, we might see some positive movement. So no need to panic and push that sell button.