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RE: Bitcoin - What to expect if history repeats

in #bitcoin6 years ago

Good prediction, most analysis seem to show a bottom between 1300 and 3000$. This is a wide range but for sure a great entry point for the next bull run. I could ether see a rapid drop to 2500$ with a sharp V-shape rebound in short time or we could see a longer bear market until mid 2019 with long stretched downward movement to around 1300$.
I would prefer the faster route so the low should be in Q1 2019.

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I would prefer faster as well. Nothing currently has given me the indication that a quick recovery is in store. It's just been mostly a slow bleed lower.