BTC has gone too high without a proper correction, this downside move from 20k is really healthy and I wouldn't mind seeing BTC go even lower.
That said I am monitoring the price pattern as it pulls back to the 18k region.
It's possible we may see more downside as BCC founder manipulates the market, but keep in mind Bitcoin has developers working on integrating the lightning network which will remove any transaction concerns and fees.
That said I am monitoring the price pattern as it pulls back to the 18k region.
It's possible we may see more downside as BCC founder manipulates the market, but keep in mind Bitcoin has developers working on integrating the lightning network which will remove any transaction concerns and fees.
Comment:
As soon as LN gets implemented we will see investor confidence resume and BTC will continue to make ATH.
Comment:
Well, that was unexpected. I figured we'd at least see a small pullback before correcting down to 10k. At least we got our proper correction, you just can't keep going up no matter how good you feel about bitcoin.