BTC has a history of retracing it's breakout and i don't think this time will be any different. I expect around a 70% sell off to the 13k level at minimum.
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Please note i'm not saying bitcoin is going to swan dive tomorrow. This is just stepping back and looking at what bitcoin has typically done in the past.
Maybe retest around 40k but not 70%. That seems to radical.
Mausty
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@gunderss, How is it radical? Bitcoin was that price just a few months ago.
TangoWTF
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@Mausty, I'm not saying it can't happen. I might win a million dollars on a scratch off too but its unlikely. There is too much attention and buying of Bitcoin now. The bull market is here.
elkadro
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40k and everyone will buy lol!
EmpowerTrader
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WRONG! Please search "Bitcoin Cycle After Halving" You'll get it.
iebikepolo
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Welcome to your first Bitcoin bull run. lol... We're not remotely close to a correction that drastic.