Bitcoin Short/Target: 2016 7/9 months before bottom (or so)
New Years eve 2015 prediction for 2016
Through 2015 we experienced minor liftoff, but this has already ended and come to a standstill. We are now in a bigger correction/retracement of the little growth we sustained. Although time is an irrelevant factor, I'd say we have around 7 months to go before this corrective phase is over. I'm expecting a buy range in between $200-250, although we might have a little over correction that briefly shoots us under $200. I am planning on purchasing at $205 no matter what, if we are lucky enough to reach that. Good luck in the new year boys.
One hell of a ride is soon to be upon us!
Through 2015 we experienced minor liftoff, but this has already ended and come to a standstill. We are now in a bigger correction/retracement of the little growth we sustained. Although time is an irrelevant factor, I'd say we have around 7 months to go before this corrective phase is over. I'm expecting a buy range in between $200-250, although we might have a little over correction that briefly shoots us under $200. I am planning on purchasing at $205 no matter what, if we are lucky enough to reach that. Good luck in the new year boys.
One hell of a ride is soon to be upon us!