Bitcoin: weakness, no buyers, and the wedge that is too obvious…

in #bitcoin6 years ago

Bitcoin went to the previous low of 3.2k – as we expected. Now the main question is when whales will decide that nobody would buy here anymore and it is time to go lower (in order to force everyone to sell again when price will fall to even lower level). Or: when whales will decide that everybody would agree to buy too low, and it is time to go high to leave all them out of the trade.
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i think it can be go more lower price like 2000-2500$ in this month...end of dec it can be Bullrun to 4000-5000$

Yeah, I see 2k or a bit sub-2k as a most likely bottom. But 4-5k in December – I wouldn't be that optimistic...

This post has received a 7.32 % upvote from @boomerang.

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