Post
Topic
Board Speculation
Re: Will Bitcoin Correct to $6,500?
by
LogitechMouse
on 05/02/2020, 13:17:54 UTC
Any thoughts?
Anything is possible in crypto world so I would say that Bitcoin go down to 6500 is still possible.

This is a game of probabilities and not certainties so the chances of this to happen is around 1-5% only. There are many indicators telling that we are in a bull run already and the momentum is shifting already from downwards to upwards indicating a bullish run. MACD is above 0 right now and the RSI is at the middle (in daily chart).

Take note that most of the investors right now are bullish on Bitcoin because of the halving that is happening in less than 100 days.