LibertyCrypto

Two most likely scenarios for BTC. Both are bearish.

Singkat
BITSTAMP:BTCUSD   Bitcoin
Going by the historical log curve and what Bitcoin has always done following a 40%+ retracement from the previous high (which is to retrace an average of 82% in total), we are looking at a minimum of $5300, which is roughly 63% from the previous high of $13.9k. If $BTC decides to go the full Monty and repeat what it has done time and time again, I would eye $2400. This would, imo, drastically alter the future of Bitcoin. But then again, there are no definites in anything. With a halving coming up, the price of BTC needs to outweigh the price it costs to mine it......or miners turn off. Helmet on.

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