LOOKING AT THE BITCOIN CHART , THERE HAS BEEN LITTLE PRICE MOVEMENT AS IT RANGES FROM 47K TO 51K REGION. THIS MEANS IT HAS REFUSED TO DIP LOWER AS MANY ANALYST HAS SAID. THE WHALES AND INSTITUTIONAL INVESTORS ARE REALLY EAGER TO BUY CHEAPER WHICH IS WHY THE MARKET SEEMS TO BE IN THIS PHASE OF CORRECTION. I FEEL IF PRICE REFUSE TO DIP LOWER, THEY MIGHT BE FORCED TO BUY NOW AND THEN WE MOVE TO A NEW ATH.
WHATS YOUR TAKE ON THIS THOUGH GUYS?