Given bitcoin had 2 instances of dropping more than 80% in its history, I think it might be in its 3rd of such big move. A simple extrapolation indicates it might bottom around April 2022 with a price tag $12,000.
People see it differently and have different views and that is more than healthy and OK. Definitely I can be wrong but I personally will not touch bitcoin in the next 6 to 10 months as both technicals and price actions are horrible on the weekly chart as you can see.
People see it differently and have different views and that is more than healthy and OK. Definitely I can be wrong but I personally will not touch bitcoin in the next 6 to 10 months as both technicals and price actions are horrible on the weekly chart as you can see.