Don’t Be Surprised If Bitcoin Price Corrects 30% from Here Says Crypto Analyst

While the cryptoland goes all hunky-dory about the Bitcoin (BTC) price surge, popular crypto analyst Josh Rager asks to maintain caution. After a strong monthly-closing for Bitcoin on its 12th birthday on October 31st, Josh Rager said that he won’t be surprised if BTC “dips” from here. Citing historical performance, Rager also tweeted that BTC The post Don’t Be Surprised If Bitcoin Price Corrects 30% from Here Says Crypto Analyst appeared first on Coingape.

Nov 4, 2020 - 09:59

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Don’t Be Surprised If Bitcoin Price Corrects 30% from Here Says Crypto Analyst

While the cryptoland goes all hunky-dory about the Bitcoin (BTC) price surge, popular crypto analyst Josh Rager asks to maintain caution. After a strong monthly-closing for Bitcoin on its 12th birthday on October 31st, Josh Rager said that he won’t be surprised if BTC “dips” from here.

Citing historical performance, Rager also tweeted that BTC can correct 30% from here. Meaning we can see Bitcoin slide up all the way back to $10,000 levels once again. However, Rager still remains bullish for Bitcoin (BTC) in the long run.

$BTC

Another strong weekly close on high time frame

With that said, let the "dips" come

It shouldn't surprise anyone who's been in this market when it happens

Bitcoin had 9+ pullbacks of at least 30% last bull market

But in the long run, we know where this is going (up)

— Josh Rager