Bitcoin Forum

Economy => Speculation => Topic started by: HitTheLow on February 05, 2018, 09:59:18 AM



Title: Mostly like correction in 2013-14, what will be the bottom?
Post by: HitTheLow on February 05, 2018, 09:59:18 AM
Finally the big correction came and everybody is waiting for the low.

I was looking at the chart of 2013 correction, btc dropped from 1100$ to 200$ losing 80% of his value

https://i.imgur.com/bS3MN7s.jpg



Now the correction has just started, here the chart

https://i.imgur.com/vzTSvHl.jpg




What do you think will be the value of BTC for 2018? will the correction take more than 1 month? are we going for a down trend for months?

Is BTC going for a low like 2000-3000$ before recover a bit?

IMO, everything is possible, as a big low could come likewise BTC could fast recover. It will depend from how many new investors will come next months. Also if blockchain will take off with some revolutionary projects, the up trend will come.