The market really need to reassure the bulls that everything is okay...its going to do that by going to 6500 to get the bulls testosterone in high gear before collapsing... to new lows...
InvestingScope
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According to the 2014/ 2015 bear cycle the bottom is within 2600 - 2800. Right now the Channel Down is aiming at 2800:
AlexKuptsikevich
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As I said 12 days ago, we are rolling down to collapse by BTC)) Now I'm out of market... Because it is worth to pay attention to how the market players behave near $3500. Now I think like this:
Do you agree?
meomeo888
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Haha, really? The market need more time to recover. But I like your idea! :D
WealthHustler
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Everybody coming up with lowest worst price targets, market is weak too. You think buyers will push the price this high? Interesting it sounds though would love to hear your insight of your TA
WorkaholicTan
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@WealthHustler, would have to see how the market plays out for the next couple of days. no one will know till then.