Based on xxxx123abcxxxx's chart, we've probably still got one more brutal leg down coming.
Yeah, we just might--and I'm not even basing that on a chart but on the downward momentum that I see looking at the changing preev price. Right now bitcoin is below $8k, which I didn't think was going to happen. Not the first time I've been wrong about price predictions, though. Bitcoin never fails to surprise me.
Down to $7K was always potentially on the menu.
Ick. I'm hoping it doesn't drop that far. Then again, I'm hopeful that it'll rebound back to where it was and then perhaps move higher. I won't be silly enough to actually make any predictions, though.
There is no sign of bouncing back this soon because some experts says we are going below $6,000 before taking the floor and bounced back as bull will finally starts before the year ends
Sure, now that bitcoin is getting hammered people are making all sorts of bearish calls. It's not hard to do when it's had a few days of decreases--it's just like predicting the weather. Sunny today, probably sunny tomorrow. But hey, even if bitcoin does crash to $6k, it's still higher than it was for pretty much all of last year.