Based on Bitcoins history I believe we will see bitcoin at a lower price, I have no idea what will be the bottom but my best is that it wont go below $8,500 so that would be the best buying opportunity.
I don't think it is possible for us to be Bullish at all until we see price break the red trend lines, until that point I would not be be bullish.
We could either keep dropping now or have sideways price action for a while or even a small pump to $18,000 but that would be it, I think we will definitely see lower lows for bitcoin very soon.
I don't think it is possible for us to be Bullish at all until we see price break the red trend lines, until that point I would not be be bullish.
We could either keep dropping now or have sideways price action for a while or even a small pump to $18,000 but that would be it, I think we will definitely see lower lows for bitcoin very soon.
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