if you say "we are on the verge of a correction" every day, eventually you will be right. i think if it's going to happen, it'll be a small one. it won't drop off by 50% based on panic selling alone. if we ever see it drop below $300-$400 again, i think it will be due to weakening technological infrastructure (ie someone creates a new way to exploit/ruin the value of BTC)
You can review all my posts.
Every time I called a correction it happened within days.
Hear me now believe me later, we are within days of the next correction. I do suspect china will surprise us all with how high they push it. But this momentum cannot continue without a correction.
How do I know? You would know to if you just read the charts.
BTW if you hear me mention 50% correction, I'm referring to a 50% correction of it's last major move, (that has not yet made a 50% retrace).
