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RE: End of the correction?

in #cryptocurrency7 years ago (edited)
  1. I'm not an expert and please don't treat this is as a financial advice.
  2. Personally I see two options playing out: If this is really like the 2013 market crash, the bear cycle will last for months (It was year long bear cycle in 2013). If it's faster version of the 2013 crash, either we'll break out in May or August. The lowest I think it would probably go is anywhere between 5k to 4k.
  3. There's one theory that Bitcoin price is being artificially suppressed. According to that theory the lowest Bitcoin would go is towards 1k. I'm still undecided whether I believe it or not. I do keep an open mind. You can read it here: https://steemit.com/bitcoin/@supercrypto1/4th-dimension-bitcoin-manipulation-cartel-price-suppression-is-the-goal
  4. Trade carefully, don't trust everything you read and trade purely based on info from anonymous account, Including me. Especially so if you're new. We're all learning and even if some may not be malicious, we can be misinformed. Hard to tell them apart.

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