BTC - Q1 2018 price action prediction
My first post so feedback is much appreciated. Keeping it simple here and trying to interpret the market paired with a basic Technical Analysis,I dont think we're going to see a break out of this bear trend we've been in since the ATH [the orange tunnel]. Be patient and dont buy over 10gs. I'm of the belief that any price action in the past 90 days over 13k was "hype" money of people flooding the markets and saturating it thinking BTC was to jump to 100k and whatever else you hear on youtube/reddit etc. I think BTC major investors are trying to gain the public's confidence by reflecting a steady price action in general. Therefore the range is going to be between $8,000 & $13,500. I think we see the price action stay in this range through Q1 2018. More to come in March.
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