The quote from Baron Rotschild is about another situation in a market.When there is "blood on the streets" all the asset prices go down and all the assets became undervalued,so it`s the best time to buy.The situation around the bitcoin market is completely different and it looks more like a bubble.The real question is:"Is bitcoin undervalued or it is overvalued?"I`m sure that a price correction will appear somewhere around 15th December,but everything will be OK,and btc will hit 10K after Christmass.
Right. I am not concerned though and I am expecting that there would be a correction.
However, we cannot really say much for now as most people and traders are thinking alike. Should I sell ? Should I buy ?
Is there going to be a correction? And moments like this can really be crazy which is making so many people to hold and then with the demand from FOMOs, it may really end up more than we actually expect for now.