There are two possible scenarios for BTC. The market may go down under 12K USD to turn up there or it may go up immediately from the current level. The best value for setting the profit target is around 19.8k USD (current ATH). We can expect the slowdown in the market at 16.5k USD resistance level.
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Hi Martin, do you think the forecasted price will be impacted based on the news from SKorea and Israel regarding stricter regulations?
MartinKysela
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@maxali80, hello! I don't expect that because there are just a few soft regulations for new accounts, but not important changes for the market itself. I don't think there will be any mass effect.
maxali80
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@MartinKysela, Thanks for the feedback. Lets see how things go over the next week.