The bulls are clearly back in charge, at least for today. I would be surprised if we made a new low today.
However, a dip bcack to $3750 is expected, possibly $3700. From there, the bulls may try to push it as far as $3950, but that would be difficult, I imagine sellers would come back in near $3900 too.
If we go back to $3750 or lower, I will buy again, assuming others buy too.
I think we will be going much lower in the next few days.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
i think it may take more than a few days to get down to $3500 or $3300 but i do agree we will go there soon
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
@ubiqbull Cool content, I have followed you please follow me back!
Also take a look at my analysis for where Bitcoin is heading in the near-term, still has some room to go lower! https://steemit.com/bitcoin/@nakedtrader/how-low-will-bitcoin-go-market-update-and-entry-levels-nakedtrader
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
already have you followed
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit