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RE: Bitcoin succumbs or starts a new consolidation range?

in Project HOPE3 years ago

Greetings friend @lupafilotaxia, what you reflect is very likely what is happening, and I consider it as the healthiest thing for the cryptocurrency market, since a sharp correction by BTC would end up being a bloodbath that can leave out many blockchain projects, which do not have a price yet consolidated in the market.

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Hi @chucho27

If you ask me, I do not believe that Bitcoin will make a wider correction or lose the 40K support, I estimate that it is highly probable that we will hold the 50K zone before restarting the new bounce to the upside.

Best regards, you are well.