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RE: Bitcoin (BTC) Mid-Day Update: Corrective Wave B of ABC Nearing Completion

in #bitcoin7 years ago

It could really go as low as 3k$, hoping for a bounce to 13-16k$ first and some chart patterns that could help predict if it will happens or not ... it's the 5 3 5 hypothesies where we are at the end of the B of the 3. Taking account of the whole history of bitcoin it makes a lot of sense, but I will be optimistic about the price at the end of this year, it could really reach 30$k if not 50k$, BTC is really sensible to news, and lightning network, atomic swap and any other upgrade could bring a bull rull never seen before. Again I'm hoping we will see it coming on the charts ...

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Do you think the same even if it does drop down to as low as 3K? will your prediction of the $30K at the end of this year change because of the current drop? such as roughly bottom at $7-8K or $3K?