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RE: Bitcoin likely to pullback soon, be ready to buy the dip!

in #bitcoin5 years ago

I'd like to see a pullback but I'm not expecting it to. There might be too much summer momentum for it to fall that far at the moment. Might have to wait for august or september before things start to cool off. Retail makes profit hand over foot during this time of year.

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Could be. In 2017 when the parabolic move got started, we pulled back for most of June after a big April and May. I am thinking we might see something like that again before the uptrend resumes in July/August. Though, the sentiment is extremely strong right now so you may be right and we may not even get a dip in the near term at all.

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