Hey, I think price will stay between 1120 and 864 for a while. I’d like to see this going lower around 720 than I’ll be thinking to buy.
I don’t believe there is a future in those cryptocurrencies and eventually all will crash much lower. I don’t think there is any value in them except “blind” confidence that they will go much much higher. Once this confidence is crushed the game will be over. But before this happens I believe that the price will go back to 1400 to trap more believers at the top as they would think that the price will break higher. I’m expecting nobody will be buying at 700 except institutions which will start selling once again at the top @1400. I suspect this is going to happen few times before total collapse of this crypto.