Bitcoin price analysis and prediction for next few months

in crypto •  7 years ago 

Next few weeks of price action is really crucial for the bitcoin. If we are not able to make the new highs seen last week, then short term price correction and reverting back to 200 day moving average(which right now is 4120), is very much possible.
This will be a healthy correction, with long term upward trend still intact.
More to follow on this in next few days
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Do your own due diligence and happy trading

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Even if it hits a big low , that will give small investors an opportunity to get in before the next rocket .😊

Agree with that.

interesting post!

I think somewhere between rolling average and current level for a few weeks!
bork! BORK!