winsoar
Long

Bitcoin to reach $25,000 USD by 5th May?

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Looking at the daily chart for the past year the market previously saw a higher than usual bullish market compared to the overall trend line , and we are now seeing a downward correction in price. If the same time period for the up trend we saw happens in the down trend, we could be back on track at $25,000 by the 5th May according to my forecast. Let me know what you think in the comments, or like this chart if you agree and can't comment. Follow me for more bitcoin investment tips - which are just my opinion and NOT financial advice!
Its possible, however there are far more people involved in Bitcoin now than 1 year ago, and most of the press this year has been hideous. I think it will take many months or even years for faith in Crypto to be restored (if Ever)
Reply
i agree with the comments here, very low volume in the market early on in the year. Like last year we will see a new high by the summer.
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out