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RE: Where is the BTC price going

in #btc6 years ago

At the start of the rally kind of like last summer, I called support at $1,200-1,500....From current rates, that's barely over a 50% pullback, which we've seen when it finally broke bearish from $6k. I don't think it's likely anytime soon, but that's support. There should also be huge support at $3k. Weekly RSI is now oversold which we've never seen. So, I think potentially lower. For the long term, I hope it keeps going down -- amazing buy opportunities here coming up soon.