BITCOIN'S TRUE VALUE IS 2,000 USD

2018年9月3日

I am a big believer in RSI and we are stuck at the 618 golden fib line from all of bitcoin's gains. After numerous retests of the 618 bitcoin seems to be losing the fight to stay above the support line. RSI suggest that BTC is currently waiting for it's 1.272 drop which is sitting at 2,000 roughly. I believe we are in the infancy of the crypto era and are far from the asset being a consensus buy. Doesn't mean we wont ever see Bitcoin hit levels of 100k and more one day but just that as it stands right now considering the speed of how fast we met 20k and fell, we have more room to go.