These numbers look like the OP pulled them straight out of his ass.
It's quite a conservative estimate too based on what other bears are suggesting. I don't know where the 180% profit came from, at this point maybe he thinks we'll just about break down to 5.5k-5k but that's not really stated...
At least it's comforting knowing there are still some bears out there.
I'm seeing about a 50/50 split with most people, other than the superbulls that'll never be bearish (the people I autmoatically class as hodlers).
The way I see it:
Short term: bullish (potentially $10-12k in the next few weeks)
Mid term: bearish (down to 3-6k)
Long term: bullish to 50-90k (inflation adjusted based on what's going on with the stock market - we might see a $300k bitcoin if enough retail sell a tiny proportion for risk)
(my mid term estimate has no fundamentals and the only analysis assumes a descending rectangle - it could be completely ignored)
i'll throw up a chart, prior trend forming a top in very short term price action. Just so happened todays action matches it and suggests bearish action is not ended. Could be invalid still, just think its quite funny how closely it matches something I drew ages ago. Still seems to be the case we presume a little too much the price continues upwards, to me it seems far too hesitant to give me confidence its now reliable in that direction and if market itself forms doubts the speculators will pull their money.
Hmmm so you think stagnation or even a small incline here is actually similiar to slow decline in price?
People are just going to start pulling out here and keep doing so if we don't move anywhere.
I just wakt for a movement after stagnation like this and hope i can catch it in a direction (or catch the move's complement/reversal later on)...