RE: Where will Bitcoin pull back to?

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Where will Bitcoin pull back to?

in bitcoin •  5 years ago 

I also did some analysis of the trend, for me the charts and the data show a strong uptrend. Let's see if BTC does what the data says it will do :D

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bitcoin
5 years ago by

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      ·  5 years ago 

    What does your data say it will do?

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      ·  5 years ago 

    @jrcornel I think it will jump to maybe $8300 then drop a bit. The overall trend is growth, so it might grow to former glory. This is based on a short term analysis.

    What do you think ?

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        ·  5 years ago 

      I think over the coming weeks we drift down to $6500/$6k area... then it's off to the races again after that.

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        ·  5 years ago 

      Let us hope that it does have a drop, so we can buy a bit more of them :D Would be nice if it drops to 6.5k but I think the lower support line is a t 7k :D

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          ·  5 years ago 

        The fact that we are waiting for that means a lot of people probably are... which means it may not happen.

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