We just saw a double top test of the ATH around the $4,500 region. Volumes are declining and all technical indicators are pointing towards a selloff. I'm thinking if it can't hold then there will be a decline just like from June-July, where we'll find support at the previous ATH at the $3,000 level. Ultimately, that level will test to see if BTC can hold and recover, or continue down for the next several months into the Spring of 2018 down to the next big support which would be found in the $1,300 region.
Thoughts?
dont think its going to go down so fast, I would say its going to stay stable at the $3500 at the lowest, for now above $4000
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ultimately I do see the whole market correcting down to the $1,500 level over the next year. That's solely based off of previous support and history from the 2013 Rally into the 2014 correction where we finally hit a bottom in 2015. Might be too well known for that to happen again, but It's definitely waaaaay overblown.
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