So after gathering some information and talking too other crypto investors. There seems too be talks that when Bitcoin hits $6,888 it will have a 40% correction! Now this information came from the likes of Clif High and Jsnip4 (who most people will know from Webbot talks).
The issue with this is why no one is sure if it will drop by 40% is because technically it has already done it previously. Recently on Clif Highs twitter he said this "Ack! Working data now (remotely thru two hops!)! Reconciliation shows 40% drop in BTC language has manifested. Likely no repeat at 6888!"
Understand the LIKELY part though so this may be a word of caution if you want too pull out if it starts too drop or keep an eye if you want too invest on the drop. What are your views?
I guess we will find out shortly cause I think it will happen over this week.
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