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DavidBeckwith
Mar 8, 2018 8:46 PM

Not looking good for BTC in the next 6 months 

Bitcoin / DollarBitfinex

Description

I think the bearish sentiment will continue at least until July. The log(BTC) price isn't a straight line. It kind of curves in sort of a cup or shallow parabola. I'm guessing it will be bearish for another 3-6 months. We should watch this curve for a while until the trend at this scale looks more horizontal. Hopefully, it will level out in July.
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