Viewing a response to: @rollandthomas/cryptoanalysisreport12-30-18hasbitcoinbottomed-7xgjkkpe0l
I just did a quick review of some of the big names in this space and out of 9 there were only 3 so far that think we have already bottomed. Many are calling for the end of 2019 and even 2020 til the bull run happens again.
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author | hotsauceislethal |
permlink | re-rollandthomas-cryptoanalysisreport12-30-18hasbitcoinbottomed-7xgjkkpe0l-20181230t201050781z |
category | cryptocurrencies |
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It will be interesting to see how the equity market plunge affects the crypto space. What level are they calling the bottom at?
post_id | 68,142,773 |
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author | rollandthomas |
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Bobby Lee says $2,500. Tone Vays thinks we could drop as low as $1,500 or so but more likely in the $2,000 area. Anthony Pompliano says it will only bottom after we drop below $3K. Jeff Berwick however called the future bottom at $3,500 back when BTC was at $20K so they put in buy alerts to their subs at that level... I honestly think we are pretty much as low as the market wants it to go but could always re-test the low $3K range if there is some sort of major announcement from the SEC or Justice Dept, IRS, etc. The market is extremely fragile right now and anything can either break it down or pump it back up right now.
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