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RE: With Stablecoin Balances at all time highs any dip in Bitcoin will likely be short lived...

in LeoFinance3 years ago

I actually have the next target at 120k and a correction to about 70k, before going to 200k and beyond... as you often said, corrections of about 20-30% are completely normal and perhaps newcomers find these corrections terrifying and wrongly make the decision to sell.

https://peakd.com/hive-167922/@tobetada/crypto-analysis-or-one-decision-changed-everything

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My next target is a lot lower than that before our next 30% correction actually. I am looking in the $60k-$70k range for our next local top before the next significant correction. The price has tended to go up at least 100% from the pullback lows before next correction, and with the last dip to $29k the next target should be somewhere north of $58k, though not that much north. :)