Post
Topic
Board Speculation
Re: How far can bitcoin price correction go?
by
rahmatrf331
on 18/09/2021, 14:30:37 UTC
Bitcoin is a more volatile cryptocurrency. It can grow much faster in a short period of time also can be corrected again. In my opinion it's price correction price would be 41k to 45k.
Investors were worried when the price of bitcoin fell but seeing the price rise again, everyone thinks the market will correct there is always instability in the crypto market so there is nothing to do but wait patiently. The price of bitcoin is above 45k it seems that it can go above 50k.
current market prices are no more like the local markets we have encountered in our cities. so don't worry about market conditions that often go up and down, because supply and demand have a level of balance. the bitcoin price has entered the healing phase now and is back at $48k, meaning bitcoin will break through again at the $50k mark the middle of this month.