So, I have observed many people with there representations of what will happen next in the bitcoin frendzy. They subject they're followers to believe it will touch the moon by the end of the year. That being said, I hate to break it to you...It wont happen. You guys need to go off the pure facts, not believing the media and their blind analysis. So for the people out there, I hope you have a plan and an investment strategy.
So, based on technical analysis, BTC/USD will find support around the 4500 area. Before we hit that, we will consolidate around 5500. From there if there is no energy, 4500 here we come. Hopefully we regain energy to create a genuine bull run.
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