Post
Topic
Board Speculation
Re: Easter 2018 correction is NORMAL - if it stays above 5800
by
jmlona
on 31/03/2018, 09:28:26 UTC
So far, we are repeating 2014 very closely.

A dead cat bounce to 11k starting in April off the 6kish area and ending by the beginning of June would fit this perfectly.



If we are following 2014 then it's not a dead-cat bounce because bitcoin survived that and recovered to new highs in the recent times. If we fend off 6k for the rest of the weekend then some sort of a recovery seems likely, then it will be interesting to see later in the year if there's a further dip down or if the price can stay up.