There is a possibility that we can get one more impulse to the upside before we'll see the big move to the downside. Don't get me wrong though, this is not the end of Bitcoin but we will see further downside because people are taking profit and we need to get new buyers. Remember that Bitcoin is not like real currencies, it's not backed up with anything except the Bitcoin investors money.
Remember my last post about Bitcoin? I predicted the price to about 3000 USD/BTC before the retracement to collect more buyers. Go check out that post, or you can find the picture below this picture..
This is the picture from the other post.
Kind Regards,
Crank420
