Bitcoin Garden Forum

Cryptocurrencies => Crypto Discussion => Topic started by: John_Kammy on January 21, 2021, 01:04:31 PM

Title: Bitcoin Price Plunge, a Healthy Correction or Stipulation of a Downtrend?
Post by: John_Kammy on January 21, 2021, 01:04:31 PM

Bitcoin is facing an amplified selling due to which the BTC price is shedding to the levels below $33,000. The bitcoin price rally tossed suddenly, the previous working day where-in the target of $50K appeared misty. The bitcoin bulls look exhausted at the time of writing as the rate at which the bulls fund the BTC network is pretty low. 

What do you term it a correction or a heavy plunge?

Title: Re: Bitcoin Price Plunge, a Healthy Correction or Stipulation of a Downtrend?
Post by: hair on January 21, 2021, 02:09:35 PM

In my opinion, this is the time of bitcoin correction, bitcoin price dump suddenly, it is normal. The bullish period is not over yet, I think in the next few days the price of bitcoin will increase again. I hope the positive trend of bitcoin continues

Title: Re: Bitcoin Price Plunge, a Healthy Correction or Stipulation of a Downtrend?
Post by: Steven_nevetSS on January 21, 2021, 06:26:36 PM

I knew it was coming because its been bullish for a long time.  And breaking ATH's.
Healthy correction.

Lets see how the month goes