Block-Chain-Gang

How does this play out?

BITSTAMP:BTCUSD   比特幣
A correction is coming and this looks like the start of a bigger downtrend for a significant amount of time. A mini bear cycle for Bitcoin would actually be super bullish long term. I am confident that Bitcoin will hold at least the 21K level if the correction is that severe. My target is 26K as a Bearish target and 50K as my bullish target. Everyone is so bullish that a bearish perspective is healthy and probably much needed for the market not to reach a euphoric top and cut the bull cycle short. In crypto as a whole we need this bull cycle to really show everyone bitcoin is here to stay and it has more value than you could imagine. Trade accordingly and manage risk have a good night everyone.

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