I think we have reached the bottom for now. 4-5 days of sideways action. Maybe recovers a few hundred but stays under 10K
NEXT PREDICTION: By September 5th...bitcoin will be between 8200-8600 range. I know its a big range. But thats still a huge drop from here.
My feeling is that euphoria is over for now. We will see 8k, 7k, 6, maybe 5k. On our eventual way up to 60k
Again, Ive been in this game since 2014 and I can SENSE the general mood out there. People are getting a bit scared. Good buying opportunities are coming soon.
any change in heart now that price is in the $10400s? the market's already regained all the losses from last week's dump.
it's painting a bullish engulfing on the weekly chart---though the candle won't close until next sunday so there's still time for bears to show their teeth. i'm still a bit skeptical we're reversing to a bull market already. after 2 months of trolling, we need more evidence. but i will say, this last move up was unexpectedly strong.