BTC is at a major crossroads right now, and we're in for a ride, but where?
The technical analysis is looking bearish to me right now, but not in a sense that the bull market is over. Only in a sense that we're going to take one more major hit and trade sideways at the price range of $27 000 and $32 000 before the bull run starts back in mid-late july, possibly...
Predictions
- I think BTC is going to a low of 25000 and that is the lowest point we will see this bull run
- This is mostly due to one long term upwards fibonacci retracement which you can see a little bit on the left side. This is showing 27 000 USD on the 0.3832 which is a little bit bearish, but we'll be alright in a few months so you can trade in the meantime...
