Bitcoin Correction

[benj91]

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

[Noverteno]

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.