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RE: Will this dip in BTC be a small blip or the start of a deeper 30% correction?

in LeoFinance3 years ago

Yeah, I'm thinking there are regular corrections, but at some point there will also be some much bigger economic problems, and if both occur together, at least 50% will happen.

Usually I'm right with these calls but tend to be way too early. Last month I said Feb, but now thinking first half of this year

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Tell me honestly

Would you buy btc today?

I wouldn't, I think it has about a 70% chance of dropping from the current price

I am not a buyer here today, no. However, $48k is a decent spot and anything below that starts to get interesting to me again yes.

So you are expecting sub 50?

Me too

Only way bitcoin falls by 50% from the highs is if there's a blackswan or if the cycle is over... which could be one in the same.