I think, a healthy retest of the downwards channel we are in before more up could result in a price target nearing $50k before March. Then, I would expect us to reach previous ATHs around the summer, and reach $100k EOY.
I think that if we are rejected again and break down, we will see $20k bitcoins soon and confirm that we are in a bear market.
Just to remind you, this is not financial advice I am just drawing colourful lines onto charts of internet money that could disappear at anytime. DYOR.
Please leave your ideas/thoughts below as we are all learning!
I think that if we are rejected again and break down, we will see $20k bitcoins soon and confirm that we are in a bear market.
Just to remind you, this is not financial advice I am just drawing colourful lines onto charts of internet money that could disappear at anytime. DYOR.
Please leave your ideas/thoughts below as we are all learning!