 | So I seen the most recent pattern and it looked familiar. So I overlayed about the ATH (around Oct of last year) to roughly Jun/July time. While the overlay isn't a 1:1. I found it interesting that it does follow the pattern most of the time. Assuming this holds true, what it shows is we could be looking at the price going to the low $17k range. It should be noted this is only 1 bit of info. Things can change easily, and you should do more research into it before you use it to buy/sell anything. Big thing to note that I found to be interesting is this last drop matches up around the time the Federal Open Market Committee Meeting is. It most likely means nothing and just a coincidence. But I thought it should be noted. Anyways, what is your thoughts on this? Do you think it is realistic we could be seeing somewhere in the $15k-$18k range this year? If it does get that low, what is your plan? [link] [comments] |
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