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Bitcoin Forecast: BTC/USD -30% From Highs – When Will the Selling Stop?
Among the retail crowd, Bitcoin had its big moment back around Thanksgiving 2017, when the proverbial tech-savvy millennials pitched/annoyed their older family members by regaling them with the benefits of digital currencies as the cryptocurrency crossed $10K for the first time. Bitcoin is now trading about 9X higher than it was eight years ago, but this Thanksgiving, digital asset evangelists will be a bit quieter. Bitcoin is in the midst of a -30% correction off the intraday high, with little in the way of direct news driving the cryptocurrency lower. In a classic “be careful what you wish for” scenario, the ... (full story)
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