BTC down until 2020 ?
This is my long-term guess about where COINBASE:BTCUSD is heading…
The graph is simple enough to speak for itself 🙂
Bitcoin saw a huge uptrend (x100) from September 2015 to December 2017. It only retraced 60% since its all-time high. It is now in a (red), which indicates the current downtrend should continue. My guess is that BTC will fall to the 78% retracement at around 3500-4500 before November 2019. Then, we should see a new massive uptrend !
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