I can see bitcoin going down to around 5,700$ and later on to 4,800$ in the near month or two, which is a key support level.
then we should see what's the market vibe, it might continue further down, but I believe a strong reversal will take place and the start of an uptrend which may take us past all time high, or near it.
It's important to pay attention to what people say and what's the vibe at different crypto community forums like in telegram, trading-view, outside of exchanges and even here... I also believe we are going through the depression stage right now, maybe just entering it, when people think it's all going to sh*t and selling for a significant loss, after that is when the market will turn around, in my view.
@surikowstepanuk, Are you referring to the bearish market?
I can see bitcoin going down to around 5,700$ and later on to 4,800$ in the near month or two, which is a key support level.
then we should see what's the market vibe, it might continue further down, but I believe a strong reversal will take place and the start of an uptrend which may take us past all time high, or near it.
It's important to pay attention to what people say and what's the vibe at different crypto community forums like in telegram, trading-view, outside of exchanges and even here... I also believe we are going through the depression stage right now, maybe just entering it, when people think it's all going to sh*t and selling for a significant loss, after that is when the market will turn around, in my view.
Heading toward despair, Yay! ٩(^ᴗ^)۶