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RE: BTC Analysis. Will there be a massive correction?
Why try and guess when you don't know? Far too many factors involved so it's wisest to hold hands up in the air and say... look, the market could do anything if it experiences a sudden catalyst. SEC news? etc.. Without catalysts the market should begin to recover over the long-term . that's all.
Yes, that is true for every technical analysis. But from experience we see common patterns that occurs in specific circumstances. It is true that few whales or some news may force the price to do something really unexpectable. But the goal of this article is to present what is most likely to happen.
But I admit that we can never really know what is going to happen. Maybe Bitconnect Coin will surpass BTC, as just few whales are required :D