tom411.92

End of Bear Market at 3K?

BITSTAMP:BTCUSD   Bitcoin
I believe a hard bounce from the 200 week MA down to the $3000 level will mark the end of the bear market. Looking at the 2014 correction after the first big sell off the price rallied up 100% follow by a 75% drop which was the end of the bear market, this year we also had a 100% rally after the first big sell off and a 75% drop puts us at the $3000 mark
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