Bitcoin at a possible support point...

in bitcoin •  8 years ago 

btcup8.png

If the support that we are currently at proves to be strong enough, we could see price go as high as 3750....If the support is not strong enough, we can see price as low as 1285

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Accurate forcast, I would say only up from here as mining difficulty requires a higher price to continue. I do not see it going to 1290 unless BRICS comes out with a new global reserve currency, even then people choose decentrality, anonymity and ease of use.

ye bitcoin seems kinda shaky right now, but still seems kinda bullish to me actually. followed ;)