RE: Is 40k BTC correction Still Possible?
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I like how you opened the post. ANYTHING is possible. Especially looking at the strong unchecked upward momentum we’ve seen in BTC recently, if a correction will come soon, chances are that the correction will be heavy as it will set the new support.
Honestly, every time we talk about alts and look at Hive’s performance relative to other alts, it gets more disappointing. Solana is what I like to describe as the hottest thing on the market right now. What is has done in the past month, even BTC hasn’t. Solana that people were loosing hope about when it touched $18. The imminent correction is the only reason I haven’t tried to day trade Solana. Just when you think it’s hit it’s peak before a correction, it does a mew unbelievable high. Damn.
As for hive, it's not it's fault. More people are choosing HBD, and also the sell pressure is high as well too. So it'll take a while, especially since it's one of those alts that blooms late. However, hive will eventually do it's magic, it'll take a while. As for the year ending, anything is possible.