InvestorsHub Logo
Followers 0
Posts 13
Boards Moderated 0
Alias Born 10/27/2017

Re: Beerholder post# 1577

Monday, 04/02/2018 5:38:33 PM

Monday, April 02, 2018 5:38:33 PM

Post# of 6252
Long-term BTC log chart says crypto is in a freefall. Bottom still TBD, with the 5yr trend channel (lower red line) violated and now in play. Inside the 5yr channel, BTC could fall to as low as $2500 this year. Maybe that'll be the hard low (since it also coincides with current minimum mining cost); if not, look out below, all the way down to as low as $200 in all out fail mode.

https://tvc-invdn-com.akamaized.net/data/tvc_3edc41076b5bd1c00fd0c73162618371.png

When an asset without readily quantifiable fundamental value starts falling after a run-up like never before, the run-down could be just as spectacular.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y