If we look the market in 2013, there is huge bull and bear market trend. I felt like things happened in 2013 will be the same in 2018. If we compare 2013 and 2018's Fibonacci Retracement, they look very similar to each other. After the bull market, will probably happen in 2018, I'm guessing the price of bitcoin will go down to 5-6k. However, I believe the price of bitcoin will go up to 100k in 2021. This is my opinion. Hope everybody makes some money!
Very very interesting. If this follows your idea, it might take months before its completion, so we'll enough time to adjust to the change happening
yeeit
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@fieradoc, yeah we all need to be patient. That's what I believe.
Nine_Five
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@yeeit, too many believers.... 10k is the new floor, welcome to the paradigm shift, no dips allowed. Why don't you do technical analysis with the log chart??
yeeit
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@Nine_Five, we will see but btc should go up and down slowly. We are on bullish market trend, waiting for bearish...
Superintendent
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I hope this shit will hit 13-14K before go down
yeeit
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@Superintendent, it looks it will hit, but definitely will go down.
mortonpeak
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didnt mt gox cause this collapse?
Cdglax1000316
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The CME and CBOE are going to ruin it folks. Hate to have to break it to you, but don't get used to these generous price swings, because the golden age of bitcoin is sadly coming to an end!