Adam and Eve target (ATH test) would be the shorter term target.
Short term target is *bull trap high test sorry, 17-18k
Well the tethers news took us down breaking the adam and eve pattern. Did the market overreact to something that happened on december 6th? Some argue the fact that the subpoena was then and they have still printed more tether since is a good sign. Who knows, anyway we don't need to get into that...think there's a decent shot the lows hold here.
If not then anywhere as low as $7500 or so seems likely to me.
@ltc-joe, Hey Joe, yes they held quite well... but after Sept 15 it was like this: The alts who held well just went down while BTC went up (as /BTC trading pair), remember LTC and XMR for example? do you think this time it's different? BTC dominance is at 35%, I dont think the whales allows this to continue...