The road is long and winding
...But, I think we'll see 10k pretty soon so I created this forecast based on BTC performance history (even though past performance does not indicate future results BTC has been following a pretty consistent pattern: it respects major channels, fibs and and supports wave theory without fail... yet) and though there may be some more way down to go, as I believe BTC is still in correction mode, it is very possible we may see at least 9k in January. Obviously this is still within the realm of speculation so even I take my own word with a grain of salt because this rate of growth is pretty insane and not very sustainable but at the same time this is the exact sentiment that has burned many who were bearish since 2k, 3k, 5k, and yet here were are.
I think the only fair conclusion is that the market doesn't give a damn what you think. Play both sides of the market and just make sure you don't get burned.
PS: several trend lines, fibs, drawing tools etc. have been omitted for the sake of clarity.
...But, I think we'll see 10k pretty soon so I created this forecast based on BTC performance history (even though past performance does not indicate future results BTC has been following a pretty consistent pattern: it respects major channels, fibs and and supports wave theory without fail... yet) and though there may be some more way down to go, as I believe BTC is still in correction mode, it is very possible we may see at least 9k in January. Obviously this is still within the realm of speculation so even I take my own word with a grain of salt because this rate of growth is pretty insane and not very sustainable but at the same time this is the exact sentiment that has burned many who were bearish since 2k, 3k, 5k, and yet here were are.
I think the only fair conclusion is that the market doesn't give a damn what you think. Play both sides of the market and just make sure you don't get burned.
PS: several trend lines, fibs, drawing tools etc. have been omitted for the sake of clarity.