My Bitcoin Bottom Target Price
7 years ago in #cryptocurrency by louisthomas (76)
$1.55
- Past Payouts $1.55
- - Author $1.21
- - Curators $0.34
63 votes
- nanzo-scoop: $0.57
- t-bot: $0.25
- louisthomas: $0.14
- forexbrokr: $0.12
- thorthur22: $0.08
- nonzerosum: $0.05
- fabianklauder: $0.04
- coinbitgold: $0.04
- markkujantunen: $0.02
- realestatecoach: $0.02
- bengiles: $0.02
- cryptosharon: $0.02
- yogidarshan: $0.02
- redwood419: $0.01
- fitat40: $0.01
- mathias240: $0.01
- macmaniac77: $0.01
- mafeeva: $0.01
- albertoyago: $0.01
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- and 43 more
I think is going down to 3000 . you should wait
Good on you @louisthomas for sticking with your guns and pulling out of the property deal to reinvest further into what your heart/ research/gut was telling you to do.
Good luck with it; will be interesting to see where the world of Crypto takes us.
I think that rather than a price it will be a price action where the price capitulates lower with heavy volume with a quick reversal. It could be around $4,000 in my opinion but the lack of a bounce right now has me thinking it could be lower.
Lol, I was just watching this on your Youtube. I was searching what you had to say about this super dump BTC took when it flashed into the 4.6k in a little while when I was out in a meeting. I bought a bit of BTC before I left and came back to see it devalued. So sad. At least I had earned a bit more scalping the ride up from the previous bottom, so I only lost $35. Are you buying today or will you wait for it to stabilise at a low price?
I think the logarithmic charts are the pretty good guide as to how low BTC can go in this bear market. Now is the time to keep your emotions in check like it was at the peak of the bull cycle. This is all about the psychology of the crowds.
Yeah me too it was the right time to buy more bitcoin
Who knows, I am inclined to think we will test $4,000 but at the same time I could see a huge rebound, you never know in this market which is the beauty of it.
Here's some info about the Mayer Multiple for Bitcoin if you or any other readers haven't already heard about it:
https://mayermultiple.info/
The Mayer Multiple is a good tool for measuring the relative strength of Bitcoin to help decide entry and exit points when trading it.