You are viewing a single comment's thread from:

RE: BTC - Consolidation Time

in #bitcoin6 years ago

After seeing BTC's strong surge, a healthy correction is expected, and I think the pessimism from certain circles is a exaggeration. There's more to come soon, and the recent pullback will give traders and investors some time to breathe before embarking on their next run-up :D

Sort:  

Yea I am not sure how anyone could be pessimistic at this point. We have broken above just about every moving average. The charts are clearly flipping. Plus we have the halving right around the corner. Short term corrections sure, but they likely need to be bought instead of sold.