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JoeNez
Sep 28, 2018 8:16 AM

Bounce before longterm correction? 

Bitcoin / U.S. dollarBitstamp

Description

I have some good news, and I got some bad news...

Good news first:
We have seen quite some strong bullish signals in the last 10 days, which indicate a bounce.

Bad news:
It made me reconsider my longterm view to an even longer bear market.

As we see, I compare it to 2014 again. We have just completet the first 70% decline and might bounce. Maybe we even challenge high Nr 3 at around 9500$.

But after that we are likely gonna bleed another 70%, down to around the famous 3000$

Good luck people!
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