The signal came in. Bitcoin is going below $7000

in #bitcoin7 years ago (edited)

Don’t buy till we are under $7100
I’m gonna wait till $5000 but just a warning it’s def going lower at least another $500 plus
But probably more. The selling has been too strong and with most hodl already there aren’t buyers at same level of volume they just aren’t there. Again this is a short term prediction. I’m not saying bitcoin is dead at all. But for the next few months to a year we are back in a bear market and going lower still DB9B5CF5-9706-43CA-AAE3-2A9C602A9B54.png

My low prediction is $3500 later this year.
My definitely number is $5700
My number to def wait till if u don’t think I’m right at least wait another $500-$700 till we hit $7100 or so to buy more . But we will go lower later this year.

Again I’m not making a bitcoin is dead prediction but it is in a beat market and this will be like 2014-2015 correction
So 85% from $19,800 makes sense but at least $5700 we will see again

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For future viewers: price of bitcoin at the moment of posting is 7741.00USD

Next hour or so it will begin with a $75

And wow I was right

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