This is Bitcoin...
This chart is quite close to the movements of the last year
The main driver of all cryptos is back to the level of end Oktober.
In between now and then there is that massive spike, that enormous mountain that made people rich and others just rich for a bit until they lost it all again and even more others just worse of then they had been before.
All these people here on steem and on Dtube and Youtube that give advice on crypto.
they do not know. You can make some technical analysis to try to gain some insight but you never know for sure.
so here is my question to you steemians:
will lady Bitcoin go further down or have we hit the bottom??
- what do you think?
- if you do not mind sharing, why do you think what you think?
- what is your opinion based on?
I am curious to know.
The whole messages from the general public seem to be mixed now, lots of bulls and just as many bears.
I will start this of and hope we can get some more answers here.
I personally think that Bitcoin needs to go a bit lower then it is right now. My guess would be 5000 - 5200.
Why? As far as I can tell this is the pain limit for the big institutional money to come into the scene. Then the market will go back up and beat previous highs but hopefully not as fast as last time.
eager to hear from you