zoomerjd

2018: Normalise 4 Figure Bitcoins

BITMEX:XBTUSD.P   Bitcoin
We will head back up over $13K and then sideways at $15K/$16K for some time, I will be selling everything I have here. Just when you think we are ready for a new all time high we will sharply fall back to $10K/$9K. The market then begins to understand that 5 figure coins is ridiculous for now, but goes into denial, trading the high 4 figures range for some time, but in a general downward market. A dip to $4K and high $3K's will mark the bottom, weak hands will be dead and old timers will return for the opportunity to buy cheap coins (including myself) - however the market will trend in the mid range 4 figures area for the rest of the year.

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