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RE: Bitcoin Price Mini T.A. 12/4/2018

in #bitcoin6 years ago

BITCOIN is still moving between the range of $4,450 and $3,760. If BTC were to drop below $3,760, might head to the next potential support at $3,000. $3,000 being the potential support . This might prove as a make or break moment for BTC . However, if BTC heads to $4,450, it might return back to $6,000 range. Have to monitor what happens over the next few days.

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Well it is going to get worse before it gets better because of the loss of miners and capitulation. I forsee a further drop before the market starts to recover again but that is only because of the cost of production.