📉 Potential for a Further Dip: I think we will see another leg down. It may not be significant, perhaps just reaching the last low. The retracement hasn't been fast enough, and Mt. Gox, Germany, and the US are still selling.
📈 Long-term Outlook: I believe Bitcoin will eventually rise above 100k, but it will take some time. Yes, folks, we are still in a bull run, not a bear market!
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.