Those who talks about the next big move of Bitcoin to 100 Thousand US dollar 💵 based on the analysis of its previous major moves, could be technically right. But this scenario has another bitter half that no one talks about.
Bitcoin has had 2 major bullish trend so far with 51000% and 11700% increase in in its price! But interestingly, both of them followed by a sharp decline of 85-86% in the following year!
So if we will see a 100000 target price in the next 2-3 years, it could technically fall to 15000 in the following year!
Bitcoin has had 2 major bullish trend so far with 51000% and 11700% increase in in its price! But interestingly, both of them followed by a sharp decline of 85-86% in the following year!
So if we will see a 100000 target price in the next 2-3 years, it could technically fall to 15000 in the following year!
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Use the following link to access trading ideas: patreon.com/SniperTraderStocks?utm_medium=unknown&utm_source=join_link&utm_campaign=creatorshare_creator&utm_content=copyLink
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.