Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
So zooming out to 1d on the chart, from 5/24, bitcoin is just looking like your typical PnD bubble that we've seen so many times before. A blow off top, followed by long legs down.
Looks like it could eventually deflate all the way back to ~450.
Looks like it could eventually deflate all the way back to ~450.
So Dafar, still mocking me thus far?
About deflating all the way back to ~$450? Yes
Of course you used the word "could", and in that case I'd agree with you since anything could happen... but I'm still bullish for the rest of this year and next year