Post
Topic
Board Speculation
Re: Critical Levels - EW analysis
by
chessnut
on 30/05/2015, 13:33:38 UTC
I would like to hear your feedback about the current crush and what do you think about the current situation ? Bullish ?

The current crush? crash? I think that the true bottom probably lies in the $80-150 area but weather we reach this year doesnt change that I think in terms of EW that bitcoin will likely see $400-$800 territory again without much trouble in the next year. I am bullish on bitcoin very long term, the larger counts can accommodate the theoretical market caps of 40-400bln and possibly more, although I think that is not up to EW to decide at this point.