Post
Topic
Board Trading Discussion
Re: How do you know if current prices are corrected or going to correct?
by
DoublerHunter
on 04/12/2021, 21:25:38 UTC
The current prices at any given time, how do you know if they are going to correct or are already corrected?

Like the prices atm.
^ You cannot predict what will happen in the future because the price is unpredictable, but knowing the fact that we are in a correcting status because if you compared the previous price vs the actual price if the price was down too much sounds like 10%-15%, expecting that it was a correction that will surely be backed anytime soon. At this moment we saw that there is resistance after the correction, it seems BTC was trying to recover in just a matter of hours. And if you are going to ask me about it is a time to invest, yes anytime is a good time as long as the purpose is a long term holding.