it's not a correction large buyers are selling out causing the price to tumble then they will buy back in at 30-50% less which the price jump even higher perhaps 20k, it does this all the time only difference was the coins were not as valuable but the % is always the same
it's going to keep on climbing, people shout bubble but don't say why, they just compare housing market etc... fact is we are in the age of tech and crypto currency is the future be it bitcoin or another
I think 13k will be touched then the New Year people start looking into their investment portfolios looking at returns.. i think there will be even more of a shift
Bitcoin is now one of my biggest payment sources, I have held since 2014 so have seen my savings increase massively, I still cash out enough to live every month .. my net worth has increased by x10 in a few years.. not bad eh?
Gambling has been illegal in china for years, yet they are the biggest gamblers on the globe.. same goes for the states.. all it does is drive things underground soon there will be points setup where you can buy coin with a suitcase full of money
Back up $4,200 I'm betting 5k in under 4 weeks even with the Chinese ban it means nothing, Chinese trading bitcoin won't stop they will just find an alternative route.. if any one can they can