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RE: Does History Repeat Itself??

in #bitcoin7 years ago

Personally I believe that Bitcoin will hit the lower low and go to somewhere around $5,000. That will be a 75% retracement from the highs and last time was 85% so I feel like it at least needs to do that and people will sort of have that indicator that we are around the bottom. I would rather it just happen fast so we can get it over with and start building again.

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Yeah I definitely agree that Bitcoin will hit lower. I just think that it will be low for the next 1-2 years though.

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