Long term BTC hopium

8 Jan 2019

Here is some hopium for you guys. Right now things are looking eerily similar to 2014. In 2014 we broke down below yearly support, and dropped about 49%. In 2018 we broke below yearly support and dropped about 45%. If it were to play out exactly like 2014, we would drop 49% to about 2900, which I think is definitely still possible. If BTC repeats the cycle, this would mean we would range in the 3k-6k area for the majority of 2019, until late in the year when we finally break up back over yearly support. Once we break back above yearly support...well you guys know what happens next. Moon mission time :)