BiduMadeMeRich

BTC Bitcoin Hypothetical floor levels and possible reversal.

BITSTAMP:BTCUSD   Bitcoin
I just wanted to get this out there. FOLLOW the GRAY line indicating probable price movement I drew 3 weeks ago. It's just my opinion based on sentiment and cycle. I think we will eventually wick down to $24-27K and immediately retrace to form new highs by mid-late summer. Below $20K is possible but not probable because I think cheap money will come back. Fed hasn't taper just yet thus this bearish tone is still speculative in nature. IMO we should break $30K to release the hope of newbie owners and punish the latecomers. The market will do what it's expected but not in our timeline or expected ways.

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