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RE: Bitcoin (BTC) Evening Update: New Target $20,698...My Analysis Explains in detail!

in #bitcoin7 years ago

WOW!!! Just found your content. Fascinating. I think I know what you are doing. What about a bigger BTC retracement? Wasn't BTC supposed to correct back to around 7-8k?

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The fact that we're just now entering the phases of serious institutional money coming in AND normie mass adoption has delayed the correction that would otherwise be well overdue.

Yeah I agree with you, correction was delayed. But not sure if it is a good or bad thing. I think the earlier a correction comes the better. It would effect the whole market less if we get over it quickly.