DestinationMoonCrypto

Bitcoin Today: Bottom at $2500?

COINBASE:BTCUSD   Bitcoin
Price
Double-tasted during the weekends, $3000 – $3300 zone showed its supportive power and did not let the price pass. The week started at the $3500 level in a low-volatile manner. The rebound from the $3300 low did not manage to reach above the Bearish Trend Line, thus leaves the outlook bearish. Quiet news background causes little-no support for the price, therefore it is possible that bitcoin will try to renew the lows during the week.

Today forecast
Trading Bounds: $3300 – $4000. Breakthrough below $3300 will send the price to the $3000.

Latest
  • Bobbi Lee: bottom at $2500 and new rally to $333000 in 2020
    According to the founder of BTCC, cryptocurrency exchange, Bobby Lee, by 2021 Bitcoin will be able to show a spurt up to $333,000. This expert posted a series of tweets in which he predicted the dynamics of the main coin movement over the next few years.
    Bobby Lee believes that in January 2019, Bitcoin will show a fall to $2500, this mark will signal the achievement of the bottom. Then, by the end of next year, we will record a period of extremely low activity of holders of digital assets.
    The new rally will start at the end of 2020 and reach a peak in December 2021, when the main coin will overcome the $330,000 mark. We will see the rally peak at $333,000, but in January 2023, Bitcoin will again fall to $42,000.
    Such an explosive growth of the largest cryptocurrency will allow it to become more valuable than gold. At
    However, note that just a few weeks ago, when Bitcoin showed a fall, Bobby Lee, on the contrary, stated that the coin could collapse to $3,000.
    “If history repeats perfectly, then the current bear market for #Bitcoin would bottom out at $2,500 next month, in Jan 2019.
    And then the next rally would start in late 2020, peak out in Dec 2021 at $333,000, and then crash back down to $41,000 in Jan 2023.
    Something like that?” - @bobbyclee

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