Quote from: Boov on Today at 09:05:39 PM

Quote from: kentrolla on November 25, 2021, 07:59:13 PM

Bitcoin has made good progress today compared to last three days today Bitcoin almost touched $60k ($59,390) as a result we have seen decent progress in other altcoins as well. Either this is a breakout point wherein bitcoin will proceed towards new ATH or a bull trap but I don't think it would be a bull trap as market just went through correction phase. What's your opinion on bitcoin at the moment?

Bitcoin comes back at small price after it went to recovery towards $60k, and as you can see corrections was still uncertain because it might touch down below $50k of it doesn't show good pumps. Many traders and long term investor would probably take their profit as long as they determine an advanced along the way. We just need to take some more patience before we embrace more successful gains.

Be more patient in waiting for a dip as it could drop below $50k, and on the other hand, it could also recover easily, so buying at the price now is an opportunity already. In the past few weeks, the price movement of bitcoin is not as bullish as it was compared to the previous month, so this tells a bit that bear run is just around the corner and the hype is over because whales had already taken profit.