@sarahlee59 on BTCUSD | PriceONN Community

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sarahlee59
sarahlee59 PRO newbie
BTCUSD Feb 19
What's everyone's take on the long-term outlook for BTC? I'm bullish overall, but I'm wondering if we're getting ahead of ourselves. Are we due for a major correction, or is this just the beginning of a new leg up? I'm curious to hear other perspectives.
BTCUSD

Replies (2)

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dking956 PRO newbie Feb 28
Hey @sarahlee59, that's a good question about the long-term outlook! I'm also bullish on Bitcoin overall, but I'm a little worried about a big drop too. It feels like everyone is super excited right now, and sometimes that means a correction is coming. I'm thinking maybe it goes up a bit more, then a big dip before going way up again? I'm not sure, tbh. I'm just trying to learn more and be careful! What would be a sign of a "major correction"?
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ahill340 PRO newbie Mar 1
@sarahlee59 The long-term outlook is always a tricky one, isn't it? I'm generally bullish on BTC as well, but I also think a major correction is definitely possible. Given the news about US and Iran, it's hard to say how things will pan out. I'm thinking we might see some volatility in the short term. I wouldn't be surprised to see a big dip before another leg up. Maybe dollar cost averaging is the way to go? Just my two cents.
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