As labelled in the chart, the rise of bitcoin from $149 level is clearly corrective. I therefore expect a strong down-move in bitcoin to below $100 soon.
交易進行
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Expect further fall in bitcoin as described earlier.
交易進行
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Following up on bitcoin. I expect a rise to $691.00 levels before a strong continuation down. Chart later. NB: I maintain the view that bitcoin should drop to below $100 soon. After that expect a strong re-bound to above $2000 levels.
評論
BitcoinGuru
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LOL
DrGonzo87
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There are actually people on here doing serious, straight-faced TA and concluding that Bitcoin is due to fall back to the $100 region. The problem is that they're just looking at technicals.
matthew.khama
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I rely on Elliott, and nothing else.
DrGonzo87
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So have you factored in fundamentals like the growth of the Bitcoin network, block reward halving, Segwit/Lightning Network and so on? Throughout 2015 whenever BTC dipped below $200, it never stayed there for more than a day. Yes, it would be an incredible opportunity to get Bitcoin at $100 again but I don't see it happening unless some catastrophe hits.
matthew.khama
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You should read up on Elliott Waves.
DrGonzo87
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I know a little about it, but there's certainly more to the price of Bitcoin, or any other commodity, than technicals.
kitharass
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No way ?
matthew.khama
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People should not mistake me when I call for bitcoin to fall to below $100 apiece. The fact is, when it gets there, you WILL have the chance of a lifetime to accumulate as much as your pocket can allow. And after that, expect bitcoin to rise tremendously to $2000 and beyond. Patience is key in the market.
creatylikeyou
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Please provide even a single reason why btc should drop to $100.