ChartArt

Bitcoin price doom analysis: Why Bitcoin might crash to $85-$110

Short
BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
BTC could go as low as $250 and even $85-$110 is possible. Here is why:

My original chart which I made one month ago had the title: "Bitcoin price doom analysis - Why Bitcoin might crash to $333"
Sadly BTC is falling even faster than anticipated. BTC is now below a two year moving average price ( EMA 720 - the red line) which was at $369! Therefore I'm lowering my most bearish target price from $333 to $100. Everything is possible now. But I hope that BTC bounces at $285-$320

P.S. When I published the chart the price was still higher and I originally wrote: "BTC could go as low as $300-$320"
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