Notice the actual
green price has always overshot that
red projection on peaks.
Thus shouldn't we expect BTC to go significantly above $10,000 (perhaps as high as $25,000 - $40,000) within next weeks or months before crashing?
Note I'm not making a prediction. Yet this dip from $11k to $9k feels like not the start of bear market yet to me. The alts such as LTC still stuck below 0.01 BTC, either haven't made their final move yet w.r.t. to BTC (or already made it), being another clue that maybe BTC has not lost momentum yet.