This is fantastic new if it pans out. Prices are expect to surge to all-time highs, but a 30% drop is expected right before. This could be the mother of all dips, and a great opportunity to maximize your holdings. Buy the dip! #bitcoin
Discussion
I don't think any drops anywhere near that significant occur.
People may sell off ETFs or the asset to buy MSTR, but that won't last long. And I mean maybe at bell open.
BTC and any related stocks or ETFs are going to surge into the New Year and the hitch that momentum onto inauguration. We are going to see a rapid surge up, though. I agree
We'll have to wait and see. I'll build up a cash reserve to be prepared to buy the dip if it happens. Better to plan and be disappointed than not plan, and be destroyed.
I'm not expecting a big draw down, either. UNLESS we see another planned calamity like a virus release and UN lockdowns, I think Bitcoin will mostly go up with minor corrections.