Why BTC might crash 1950-1980$ before heading towards 4000$ ?

in #cryptocurrency7 years ago (edited)

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I think history repeats itself for any coin that is out there. Be it the king of crypto: BTC. That is why I think BTC gonna crash soon. The crash would probably be because of FUD because of the soft/hard fork.

Here are the charts which support the analysis, you can see the fibonacci retracements on them:

Screenshot_12.png

But we don't have to worry much because our king bitcoin is set to skyrocket after this fall :D
:

Screenshot_14.png

Update(5th july 2017): Goldman sachs says it could reach 1915$ before rising!
http://uk.businessinsider.com/bitcoin-price-goldman-sachs-2017-7?r=US&IR=T

Today is 5th of July 2017. I think we could see 1950$ in 3 days that is on 8th july. Current btc price: 2515$ and we have a bad news that can take it down: http://thehackernews.com/2017/07/bitcoin-ethereum-cryptocurrency-exchange.html

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