OK, full disclosure, I don't actually own a crystal ball.
The headline of my post is meant to underscore a very important phenomenon in all markets:
Before the market moves up, it will quite often see a large, FALSE move in the opposite direction.
This traps the most people on the 'wrong side' of the move.
Anyone remember what happened after China banned crypto-currency trading and Jamie Dimon called bitcoin a fraud?
Biggest leg up ever followed shortly after, catching most people other than the hardcore religious HODL-zealots completely off guard.
My point is, this doesn't feel like a normal correction. Feels more like the headfake move before the rocket takes off.
Obviously, I may be completely wrong but I'm definitely not selling anything in my portfolio..
Fileiro.
You're on to something. There is a lot of people on here that expected the price to go up immediately after Christmas, there is also a lot of Altcoins getting dumped now. The people that are holding Bitcoin will get their money later though the people that sold their coins will just get left out.
Honestly, I think that the some Governments are trying to purchase Bitcoin on the low.
