At what Price do you Foresee a BitCoin Pullback?

in bitcoin •  7 years ago  (edited)

Seem pretty obvious that BTC will surpass $10k in short order, perhaps even today.

What I'm wondering is, what price do you think a pull back is likely?

There have been a couple of small corrections recently, in particular the so-called BCH attack two weeks ago, but does anyone see a large correction in the works?

I think $10k is a psychological price that will likely be defended once it's reached, so maybe around $12k the $10k bottom will be tested?

I'm trying to plan out speculative buys and sells...

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do some technical analysis then...

A lot of people will exit around $11.5k, will be a week of FUD follow by people getting back in.

I don't see any pull backs. Bitcoin is going to continue its steady growth. Who knows how high. Maybe $500K. Maybe $1M.

$10k IS a psychological price .. A pullback will come shortly after that.

Its all psychological. I don't see a usecase for bitcoin. Alts with use-cases are undervalued.