RE: Where will Bitcoin pull back to?

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Where will Bitcoin pull back to?

in bitcoin •  5 years ago 

What does your data say it will do?

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

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

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