It might seem impossible now, but in the long term prices always meet with the averages. It is very hard to predict from where a correction will start and you could be way off on your estimates. That said I think we are close to a correction which will not make the chart bearish on the long term timeframes, but it will bring the price closer tot he 50 and 200 week EMAs.
I know I will get a lot of flak for this post, but this is what I see compared to all the calls of $50 and $100k prices coming. They are coming eventually, but not in the next 3 months in my opinion.
I know I will get a lot of flak for this post, but this is what I see compared to all the calls of $50 and $100k prices coming. They are coming eventually, but not in the next 3 months in my opinion.
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An update
