This is a drawing of the future flutuations of price of Bitcoin according to my opinion. It is based on fundamental analysis.
As I already said in previous IDEAS of mine which were censored, I project to drop in panic selling down to $10 in its extremest, then strong dip buying up to $250, and then slowly stabilize in between $70 and $100 range.
Why I think like that?
That is my fundamental reasoning: No new (fresh) buyers, only the old one FOMOS which has limited debit and access to crediting. BTC practical usage is evident, and the price will be shaped by the market cap for its needs.
As I already said in previous IDEAS of mine which were censored, I project to drop in panic selling down to $10 in its extremest, then strong dip buying up to $250, and then slowly stabilize in between $70 and $100 range.
Why I think like that?
That is my fundamental reasoning: No new (fresh) buyers, only the old one FOMOS which has limited debit and access to crediting. BTC practical usage is evident, and the price will be shaped by the market cap for its needs.