Hello everyone!
Bitcoin I believe has potentially found its top.
The chart showed me some similarities from 2017 that make me find it compelling that Bitcoin could reach as low as $6000.00 again.
6k will be the new 3k, IMO. I think that the 10k region or thereabouts will act as strong support, and many will suspect it to be the bottom, but then - surprise, 6k ends up being the bottom. This puts it in the same ballpark as the percentage experienced from the 2017 downturn. With all of this being said, the 10k region could quite possibly be the bottom, too, but there are just too many hints that they want to go to 6k IMO. There are a lot of things in Bitcoin's price history that suggest that we don't go all the way down to 6k as well...but I am compelled to think that it is a strong possibility.
Thank you!
Bitcoin I believe has potentially found its top.
The chart showed me some similarities from 2017 that make me find it compelling that Bitcoin could reach as low as $6000.00 again.
6k will be the new 3k, IMO. I think that the 10k region or thereabouts will act as strong support, and many will suspect it to be the bottom, but then - surprise, 6k ends up being the bottom. This puts it in the same ballpark as the percentage experienced from the 2017 downturn. With all of this being said, the 10k region could quite possibly be the bottom, too, but there are just too many hints that they want to go to 6k IMO. There are a lot of things in Bitcoin's price history that suggest that we don't go all the way down to 6k as well...but I am compelled to think that it is a strong possibility.
Thank you!