Post
Topic
Board Trading Discussion
Re: Bottom of BTC descending channel is 3000$?
by
voztata
on 20/08/2018, 07:23:05 UTC
While most of the analysts are letting their wishful thinking of a trend reversal influencing their analysis, this top analyst on Tradingview (MagicPoopCannon) has been predicting the current price action of BTC already several months ago and he is setting 3000$ as a logical bottom. Click on the link below to read his analysis and see his chart. What do you think about it?

https://www.tradingview.com/chart/BTCUSD/GLtEEYfz-The-Downtrend-Continues-BITCOIN-BTC-D/
This year is already over,  we have just four months left and it’s over. I have seen someone predict five thousand dollars as the lowest the price is going to get for this year,  but I really don’t think so,  cause based on what I’m seeing I believe that the lowest bitcoin price is getting will be this six thousand dollars. But even if it does fall below that, I still know that it will rise again and get back above $6k and at least reach $10k.