Should Bitcoin Traders Stay Bullish if BTC Price Corrects to $7,700?

[Tnoy30]

Bitcoin remains in good shape to retest $10K while a BTC price pullback to as low as $7Ks may provide a good opportunity for buyers.
The price of Bitcoin (BTC), the top-ranked cryptocurrency by market capitalization, is acting inside a narrowing range, still hovering around $9,000. Meanwhile, we’re also seeing a decrease in volume, alongside an increasingly shaky stock market, which is likely to impact Bitcoin as well (read the recent analysis here).

However, would a retrace towards $7,700 be a bad cause for the markets or is it crucial to sustain above $9,000 for any bullish momentum?
Read on: https://cointelegraph.com/news/should-bitcoin-traders-stay-bullish-if-btc-price-corrects-to-7-700

[MrSpasybo]

Bitcoin remains in good shape to retest $10K while a BTC price pullback to as low as $7Ks may provide a good opportunity for buyers.
The price of Bitcoin (BTC), the top-ranked cryptocurrency by market capitalization, is acting inside a narrowing range, still hovering around $9,000. Meanwhile, we’re also seeing a decrease in volume, alongside an increasingly shaky stock market, which is likely to impact Bitcoin as well (read the recent analysis here).

However, would a retrace towards $7,700 be a bad cause for the markets or is it crucial to sustain above $9,000 for any bullish momentum?
Read on: https://cointelegraph.com/news/should-bitcoin-traders-stay-bullish-if-btc-price-corrects-to-7-700

$7700? I believe that if the price of BTC drops below $8500, there will be an immediate buying trend so that Bull will not fall asleep and gain weight like Bear
The price of BTC will continue to fluctuate around $9000 & $10000 by the end of 2020, that's my opinion. In the next 6 months Bull & Bear will together take over the market trend.

[TomPluz]

Bitcoin remains in good shape to retest $10K while a BTC price pullback to as low as $7Ks may provide a good opportunity for buyers.
The price of Bitcoin (BTC), the top-ranked cryptocurrency by market capitalization, is acting inside a narrowing range, still hovering around $9,000. Meanwhile, we’re also seeing a decrease in volume, alongside an increasingly shaky stock market, which is likely to impact Bitcoin as well (read the recent analysis here).

However, would a retrace towards $7,700 be a bad cause for the markets or is it crucial to sustain above $9,000 for any bullish momentum?
Read on: https://cointelegraph.com/news/should-bitcoin-traders-stay-bullish-if-btc-price-corrects-to-7-700

$7700? I believe that if the price of BTC drops below $8500, there will be an immediate buying trend so that Bull will not fall asleep and gain weight like Bear
The price of BTC will continue to fluctuate around $9000 & $10000 by the end of 2020, that's my opinion. In the next 6 months Bull & Bear will together take over the market trend.

In case BTC can go back to the $8000 zone, I am sure that many buyers will have a frenzy and be buying more which can push the price to go up. This has been the cycle with Bitcoin for the past many months and I am sure that a dip is a signal for many to take the risks with the King of Cryptos.