Ugh, I would have laughed at anyone calling for these prices and here I am. I think we're about to get a massive flush in the Stock Market, Precious Metals and Bitcoin as much as that pains me to say. My reasoning is there are way too many bulls in the stock market, precious metals and BTC. I think the dollar is about to do a massive run before the inflation starts. It's last pump before it dies a horrible death. This will be a once in a lifetime to buy Bitcoin and precious metals at the extreme lows. The democrats and Republicans can't come to an agreement, the last time that happened in 2008 we got a massive dump before they agreed. I think this could happen now, massive selloff coming I'm starting to think but this will be an amazing buy opportunity in the 1600's-1800's for Bitcoin. Longterm I have no doubt Bitcoin will thrive but I think we're about to see some real pain before it changes, hope I'm wrong I'm still holding my longterm stash and maybe things will change but I have cash ready for this scenario.
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Actually maybe even $1200.
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Just noticed in 2015 it returned to the 2013 top, if it does it again it will return to $1140
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I was an idiot and let the permabears and emotion of the drop get to me instead of listening to my own charts originally which projected higher. Lesson learned my newer charts are much better and will hopefully help you :/ Trade idea closed.
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Don't speculate or listen to the news, it's all in the charts.