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RE: TA: Bitcoin Correction Is Over, Price Projection 49225$ By May
Interesting analysis. I’ve read quite a few other projections that this correction will finish in the $8000 area before it’s over. Hodling until then when I might load up further. Look forward to seeing you at $49k my friend! Roll on the darling buds of May...
Even if the price goes to 8k I'd expect it to be just a short bounce and a retest. If you exited the market, I would strongly suggest using dollar cost averaging for entry, just to be safe.
Agreed - it should bounce from there so should produce a good buying opportunity
check this out though:
https://steemit.com/bitcoin/@drumsta/crypto-market-cap-forming-head-and-shoulders-pattern-are-the-markets-going-do-go-down-further