I saw this one a bit late , but theres a triple Doji on the 7 hour candle letting us know that in the next 5 hours theres going to be string movement in one direction. This is about a $1500 move and look to be a downward movement . This movement it will drop BTC to about 86xx.
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Note this is a 7 hour candle so it can change direction and move upwards past the Dojis in the next 5 hours also also which will take it to 11465. BTC has no intention of making this easy . It wants to keep us on our feet.
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the triple dojis kick-in on the 7 hour candle in 30 mins time. 11450 may be the next target ,
No $1300 this year- that's my analysis- not saying it won't occur next year, but around 3k, give or take is THE bottom for 2018 and WILL see a bounce after- how much? Can't say. The consensus seems to be anywhere from $4700 to 6k. After that, big drop, then consolidation, and then the possibility for $1300 begins to enter the picture again- That said, I'm in the camp that says we don't hit that far down. THIS could be "THE BOTTOM" coming up here. We are now duplicating the % drop from previous bear-market pull-backs and there are not only a ton of buy orders for 3k, but you've got Bakkt droppin' in January (24th), Nasdaq gettin in in February, and final decision on VanEcks ETF around same time which could help propel the market from these "depths of hell", ;-). This is of course just my analysis after my own exhaustive research, and truth is, as we all know, the crypto market is full o' surprises. Be well bud.
PreciousMetalsForecast
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@jeremy.jacques79, btc could be at 20k in 3months time and many people would not be surprised...