RE: Why I think Bitcoin is headed back to 2k.

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Why I think Bitcoin is headed back to 2k.

in crypto •  7 years ago 

I thought we were headed to 2,000 soon. Favorable U S legislation delayed it or countered it

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7 years ago by

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      ·  7 years ago 

    This bear cycle is definitely faster than the last, but hitting 2k is not making very good use of the height. There will be many pockets of liquidity unexplored. That is the purpose of the recoil back to 10k first before coming back down. (I don't think the bounce right now is going to be sustained, and overall we will see 4 more weeks of downside before the 10k rally).

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