Chris Vermeulen joins Greg Dickerson from Dickerson International for the first time to discuss the historical price action of bitcoin and what we can expect in the future. It may seem like the correction is over with bitcoin dropping 54% in a matter of weeks but when you look at its history, having a 70 to a 90% correction is completely normal. That is why we still see a strong possibility of a downside move to $16,000-$20,000. But are traders in denial and expect instead to get rich quick and go to the moon? Watch to learn more.
CLICK ON THE IMAGE BELOW TO WATCH THE INTERVIEW
GET YOUR VIDEO MARKET UPDATE AND HOTLIST OF THE BEST ASSETS TO TRADE DELIVERED TO YOUR INBOX EVERY MORNING WITH BAN TRADER PRO
- Japanese yen shows volatility amid speculation of intervention Apr 29, 2024
- COT Bonds Charts: Speculator Weekly Changes led by 5-Year & 10-Year Bonds Apr 28, 2024
- COT Stock Market Charts: Speculator Bets led by VIX & Russell-Mini Apr 28, 2024
- COT Soft Commodities Charts: Speculator Bets led by Corn & Soybean Meal Apr 28, 2024
- Today, investors’ focus is on the PCE Price Index inflation report Apr 26, 2024
- Gold price recovers amid uncertain US economic outlook Apr 26, 2024
- This “Bullish Buzz” Reaches Highest Level in 53 Years Apr 26, 2024
- FastSpring and EBANX Forge Partnership to Expand Pix Payments for Digital Products in Brazil Apr 25, 2024
- Target Thursdays: NAS100, Robusta Coffee, USDCHF Apr 25, 2024
- QCOM wants to create competition in the AI chip market. Hong Kong index hits five-month high Apr 25, 2024