I was looking about an Italian trader on youtube and he was talking about 2 alert zones (1 week ago)
1st 3000-3800$, if this range will be broken he thinks
2nd 1145$
Do you really think it can go so low?
I won't completely rule anything out, but I suspect that we'll never drop below $2k. While we're likely to touch $3k, I think that anything below $3k is upwardly-unstable.
In the absence of some underlying catastrophe, the absolute floor IMO is $700, which is where we were 1.5 years ago. But many of the gains since then were real & fundamental.