leopisbig

Long term Bitcoin view: the path to $100k

leopisbig Updated   
BNC:BLX   Bitcoin Liquid Index
I think Bitcoin will make a correction in the short run. The next target price can be $42k.

However I predict further gains in price in the mid run. The target of $100k may be achieved then. Though it is a far stretched number, I still expect a price move to that level.

If fail, we can expect a complex correction for the next 2-3 years. Final long term target will be above $100k.

#BTCUSDTP
Comment:

The price move still looks like a distribution though I expect the price can move up to $52k.

If the price reaches that level, the most important matter will be the volume.

If there will be a big volume (dump), then we can expect a further price fall through $42k.
Comment:

we are getting closer to a bottom formation but we still need some time. no rush.

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