There is a correction that's happening. Bitcoin is likely to go back to $17k although it's recent price drop did $18,300.
Its likely to go back to 12-14k. Current pump is insacne. +76% in 45 days ... +391% in 253 days... Fear/gread indeks is super high:
Yep but it's amazing to see that it's remaining to $18k despite of those gains that it had made. Ethereum is soaring high as bitcoin remains itself to $18k line.
Just the usual trend, if bitcoin's up, everything follows.
And when bitcoin goes down, everyone follows,
Of course we shouldn't fell relax at this point, we need to see at least bitcoin goes to it's previous all time high and ETH as well. That will be a big test, big mental test for everyone to see if there will be massive sell off or if the price can hold and sustain and goes even further in 2021.
Love the greed index though, damn 94%, and then we have FOMO as well driving the price up. Next year will be very exciting again, just like 2017.