You are viewing a single comment's thread from:

RE: And there the daily correction came in the crypto market. Zoom out and look at the bigger picture

in #bitcoin7 years ago

I think there's enough new money coming in to at least keep any pullback orderly, but a correction certainly isn't out of the question. I was looking at older charts last night from 2011, and the current parabolic move looks very similar to the one in 2011. Of course there are more people in the market now, which should help smooth out volatility to some extent, but nothing goes up forever - or at least nothing has in history to this point.

Coin Marketplace

STEEM 0.19
TRX 0.14
JST 0.030
BTC 62893.52
ETH 3354.14
USDT 1.00
SBD 2.47