CryptographyCapital
Short

Could BTC head down towards $1500

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
As we start this new week, with fresh wave of sell offs, we are starting to realise that $3000 may not be the bottom for BTC . 3 Targets are stated in this chart, Red, Yellow and Pink. I do believe that Red and Yellow will be meet with ease, While the Pink target could be a lot harder to catch.
The question is not whether BTC could get to 1500 - as nothing prevents it from doing that. The more important issue is whether one can find the means to follow and exploit it to that level, for profit.
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DOUBT IT, possibly can hit 3k and reverse back.
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I agree, I follow a guy called Alfonso, he has been calling 1200 for previous 9mths with good TA.
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