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Author Topic: Bitcoin bullrun and correction period  (Read 929 times)
suzanne5223
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November 30, 2020, 11:56:43 AM
 #121

i will advise waiting till it like Tuesday before we know the trend the market real posed.

What's so significant about this day mate? I'm just curious because I hear about Friday's , weekends in trading but not "Tuesday", this doesn't ring a bell.
The things thats important about those days (especially the weekend) is that the market at some point experience low demand when it weekend because some day traders and arbitrage skip it to spend time with their family or do some other important activities. Besides, this is the reason most long time unconfirmed transaction usually get confirmed during these days.

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November 30, 2020, 04:23:14 PM
 #122

This has been a great bull run so far and I think we are not done yet, we are going to surely see something better in the future but I am not entirely sure when, it is looking like we are going to see it this December or January of 2021, because many people assumed it would have been $20k already with the way it was increasing, which means it is going to be higher at a later date, but do we really see a big bear run starting at any time soon after ATH?

We really can't say because remember last time we peaked we literally dropped to hell and came back only years later, so we should be very very careful about this one, it is going to be very dangerous to continue dropping and it would be very risky, but if we start going back up, that means this was nothing but a speed bump.

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November 30, 2020, 05:08:50 PM
 #123

why will they panic and sell when its not yet time for the correction because the price will continue to rise  . the price dump last time but that might not be caused by a correction but it can be caused of the panic sellers . on the current time id say that correction has happen because i havent seen a reason why people will panic . people have matured now and they still hodl because price was not dumping hard  . bull run have happened but it was postponed for a while and may resume again by december .
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