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Are we limping along until a bigger price correction?

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by COINS NEWS 32 Views

I know this is all speculation but is it a certainty that Bitcoin will correct or retrace? Especially since historically we have had a bit of a malaise period or even a correction after the halvening.

I've been trying my best to study the charts (fools errand) to speculate what most likely will happen. It seems to an extent it has gone lower from it's pre-halvening price. On the other hand there seems to be a lot more interest (in my opinion) in Bitcoin with a lot of big players who may not want Bitcoin to correct. We do have grayscale selling some of their holdings... Perhaps the 73k to 60k~ was the correction. Some other crypto are down 15-20% from just a month ago, will that be the extent or further consolidation?

Just interested in a discussion on what people think.

submitted by /u/Gcs1110
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