I'm looking for a good re-entry point and thought I'd canvass the group to see where you think the bottom is before she starts her climb back up through 42K and beyond?
I am thinking around 20K.
Any guesses? If so, why (sentiment, support levels, etc)?
Thank you.
Happy 2021 and good luck to you all!
considering the drastic drop of Bitcoin within the last 7 days, I don't see Bitcoin surpassing $41k to $45k or $50k. The highest market value I see Bitcoin obtaining will be it's initial $41k. Bitcoin can potentially drop to $25k and rotate between $30k to $35k. In as much that the Bitcoin market is full of unpredicted expectations, I don't really see Bitcoin market value hitting above $45k.