RE: Bitcoin Update (Current Price $9,141)

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Bitcoin Update (Current Price $9,141)

in bitcoin •  6 years ago 

It just feels bearish, so I think those who buy right now will miss some better opportunities in the next few weeks/months. Long term it might be OK, but in my opinion April, or May is the first time the trend might change this year. Alternatively, the correction might last much longer (I hope it doesn't). This is one biiig correction and it doesn't feel as if it is done yet. I agree, volume is low and there are more negative than positive news on the bitcoin horizon - mainly regulations. I expect the price to go below 8K within a week, or two. It's just my opinion, it is not a financial advice.

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