Home Coins & Tokens Bitcoin Did Bitcoin Top? If so, here is how low it could go. Technical Analysis & Forecasts

Did Bitcoin Top? If so, here is how low it could go. Technical Analysis & Forecasts

0
0

Bitcoin went to just about $2800 today before suddenly dropping off sharply. Many have already called the top so we take a look at how low bitcoin could drop if this is a top.

To be clear, I think bitcoin will ultimately go higher but it could be possible that bitcoin is setting up for some corrective action here. At best, bitcoin is due for some rest from it’s recent run up.

We’ll take an in-depth look at some support levels and also look at the other popular cryptocurrencies. We also saw some quick panic selling in some of the other altcoins.

Selling is ultimately good for the market as it removes some of the froth and sets up bases for the next leg up.

Don’t panic, the cryptocurrency space is known for being very volatile. These low points could be good opportunities for those looking to get in.

Pick your date! What day will the cryptocurrency market cap hit $100 Billion? My guess – June 20th.

Appreciate the recent donations and show of support!

BTC: 1EPZo96znEUdTCncnu8Ca1VMjxiFUzxLRP

ETH: 0x986d487a6ff67eb1bc73d264496f9c1aea6e21b4

LTC: LN5ZZt5crZDq2kCb5rqrweuUGFiiqGyS4q

DASH: Xmt8Yk65aQZCSyDXi3BUB9yGMfXZCZLJ9a

Home

tags: