You are viewing a single comment's thread from:

RE: Market Analysis: Bitcoin, Tesla and the Power of Narratives.

in #cryptocurrency6 years ago

Good analysis Tradealert. With this squeeze, I’m expecting a much larger move in the next 3-4 weeks. Fundamentally you’d expect price to skyrocket, but without new money entering the market, I’m afraid a collapse to new 2018 lows is still on the table. Should be an interesting few weeks. I’m almost hoping for a drop below $5,000. I think that’d be enough to spark some interest and hopefully bring in fresh capital. We’ll see.

Sort:  

Fair points Workin, I agree it's unfortunately all in the hands of whales at this point.