Bitcoin could technically soar to 100 Thousand, what next?
Those who talks about the next big move of Bitcoin to 100 Thousand US dollar đź’µ based on the analysis of its previous major moves, could be technically right. But this scenario has another bitter half that no one talks about.
Bitcoin has had 2 major bullish trend so far with 51000% and 11700% increase in in its price! But interestingly, both of them followed by a sharp decline of 85-86% in the following year!
So if we will see a 100000 target price in the next 2-3 years, it could technically fall to 15000 in the following year!
Bitcoin has had 2 major bullish trend so far with 51000% and 11700% increase in in its price! But interestingly, both of them followed by a sharp decline of 85-86% in the following year!
So if we will see a 100000 target price in the next 2-3 years, it could technically fall to 15000 in the following year!
