Where does Bitcoin go next?

in #bitcoin4 years ago (edited)

Are the lows in or do we head lower?

We dumped all the way down to $43k at the lows of the route the other day...

image.png

(Source: https://twitter.com/OnChainDigital/status/1436012874154053632/photo/1)

Was that the lows or do we go lower?

I think there is about a 60/40 chance that those were the lows.

On a personal note, I'd like to see it retest that level, and get to $42k so I can load the boat. But, that is more of me hoping than reading the charts.

Based on the price action and charts there is a possibility we revisit the lows, but the higher probability is that those were the lows and we grind higher from here.

What do you think?