Is Bitcoin overbought and due for another correction?

Dec 11, 2023 4:08 AM

What are your short term (say the week just strarted) expectations for the price of BTC?

What are your expectations if the time frame is increased to 6 months and/or to the end of 2024?

What do you think will happen first:  Drop below 38K or exceed 50K? 

38K was a resistance level that was broken in the last week of November 2023. Will it become the support level that BTC will stay above? 

Most of the people who have yet to start buying are still afraid to buy at the moment when the price is between 43K to 44K.

What price will it take for the fear to buy change to the fear of missing out?

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