You are viewing a single comment's thread from:
RE: Bitcoin update: probably one last scenario before we go bullish again
Thanks for this analysis. Isn't there an opportunity that BTC falls to around 5000$, as predicted elsewhere? Just to get an idea what will be the best time to buy positions. I will wait till there is a clear bullish trend lasting for more than three days...
There is no reason for $5000 at this point so personally I think we will form a double bottom and according to this analyse this would be around 6600-6800$, maybe a little lower but I don't take that risk. 6800$ is for me a great price, at the end I'm a long term holder. If you want to wait for $5000 you take the risk of being caught up in the FOMO so be carefully. Besides 29th march can be that turning point when futures expires again