Bitcoin has almost reached my 5000$ that i predicted 3 months ago: https://tradingbenchmark.weebly.com/trading-benchmark/bitcoin-might-have-peaked
Many Cryptocurrencies crashed hard, but some of the ones that i think are most important and which i watch closely have survived this crash quite well so far, without doing any major damage to their longer term uptrend. For Example Monero (XMR) so far touched exactly the last high as expected. NEO didnt even really correct all that much. Ether did a bit more damage to its chart possibly breaking some uptrend lines. Z-Cash is also holding its support wonderfully and just going sideways. Bitcoin of course crashed trough all support and both my numbers showing its really serious. If the correction has stopped now, many of the cryptos should make new alltimehighs by the second half of this year! For example NEO That forecast is nullified for those that develop new lower lows. In Bitcoin in particular i still suspect we could see new lows by May2018 but would accept that we finished the bear market upon achieving a weekly close above 14300$ Comments are closed.
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AuthorPascal |