I read a lot of posts talking about expected price of BTC next few months, there are those who are expected to rise by the end of this year, but many expect Bitcoin to decline, as I read at least 6000 what you think?
I'm looking at a few possible scenarios.
1) Intermediate bounce into the $9,000s (at least) followed by a trip to the low-mid $6,000s. Pretty well approximated by
the first scenario in this post.2) More bearish sideways in this range before a capitulation wick down to the mid-upper $6,000s
like this chart.3) A selloff to the 0.786 fib in the $5,400s is possible but the least likely of the three.
More or less same here.I had one more scenario that we will stay longer time in frame 7400-8500 and finally we will break out to higher levels with some next accumulation between 9300-8500 but for short time
Yesterday all was nice but price fail to pass 8400 even.Close below 8050 will open door to one more last low test