Great Analysis!
Have you checked out Clif High's Alta Report? He is uncanny with his bit coin predictions. He has said (roughly) a high now a few hundred dollar pullback and then a jump to the $2300 range
You are viewing a single comment's thread from:
Yes I have. I do follow Clif's work. He has said that bitcoin may get to $2300, and then go back possibly to $1400-1500. This will be its low, and then it will start a big move upwards towards $13000 next year. I suspect that this has to be linked in though to significant moves in precious metals as well.
problem is that so many people are waiting for a dip to get on the train, tat once it happens there will be enough demand to mitigate.. at least that's what I think. If we get a dip I would be surprised to see 1400 again.
$13000 next year..wow
I bet on that scenario too