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RE: Bitcoin #BTCUSD 9th Feb 2018 Update : Limited Upside potential

in #bitcoin7 years ago

In the latest update you project a up, followed by a massive downtrend. Could you explain what gets you there?

Thanks

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@pale81, i could be wrong, but i think there is more downside potential first before we have the major bull run

Thanks for the reply.
I understand, but the question is, why do you think there is more downside potential and why do you think it will fall again.
The February dip, was because of to much (mostly untrue) FUD-News, do you think this will happen again?.

What let you think it will make this huge dip after the bullish run to 11k+?
Meanwhile I believe this will happen, too. But only because of so many people say that this would happen, without pointing out the reason of this predictions.

Hope you understand my question, not my native language : )

Regards

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