gamer456148

Bitcoin Speculation: Potential Price Drop + Retracement

Long
BITFINEX:BTCUSD   Bitcoin
I believe that even though there is starting to be institutional acceptance of $BTC with what is going on regarding Fidelity or the trends in the media, or even blockbuster films, Bitcoin is going to have some negative correlations soon. I been fairly bullish on $BTC for a while, and think it can potentially drop to $2500 somewhere between mid 2019, but still end past a $8000 price point by the end of the year. I am still HODL'ing all my $BTC as the poster child of the HODL community because I think the long term technological value has potential. Plus the higher the demand is, the more susceptible market growth will happen later on given $BTC is capped at 21 million coins.

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