Altcoins Talks - Cryptocurrency Forum

Crypto Discussion Forum => Cryptocurrency Trading => Cryptocurrency Price Speculations => Topic started by: benj91 on June 25, 2019, 06:02:01 PM

Title: Bitcoin Correction
Post by: benj91 on June 25, 2019, 06:02:01 PM

I think that we are overbought, do you think that we will have a great correction in the coming weeks?

I think so, that we will have a correction to $8500 area before going more up to 20K

Title: Re: Bitcoin Correction
Post by: Noverteno on June 25, 2019, 06:59:40 PM

Quote from: benj91 on June 25, 2019, 06:02:01 PM

I think that we are overbought, do you think that we will have a great correction in the coming weeks?

I think so, that we will have a correction to $8500 area before going more up to 20K

I think so too. Bitcoin can not grow in price for a long time without going for a correction. And this time the correction should be deeper than usual. After that, Bitcoin is unlikely to rise again as quickly. It is time for summer holidays and activity in all markets usually falls. The new growth will be in the autumn, but Bitcoin is unlikely to be able to rise to $ 20,000 this year. This is real for next year.