After some heavy analysis and viewing multiple ideas, and looking at the general market sentiment, I believe BTC will go down to the buy zone of $7,500, and since the massive gain we had recently was so sudden and unexpected, there will probably be some BTC orders from people who missed that chance, and are waiting for a minor correction to the key level of $7,500, upon which these buy orders will cause a rebound of BTC back to its bullish reversal trend of $8,000 and beyond.
By May 2018, God Willing, BTC will return back strongly to its levels of $9,000 - $10,500.
Let's see how this plays out.
Remember, patience is paramount!
Peace.
By May 2018, God Willing, BTC will return back strongly to its levels of $9,000 - $10,500.
Let's see how this plays out.
Remember, patience is paramount!
Peace.
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Disclaimer
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.