Prediction time? OK - I will have a pop at it:
This dip seems pretty much right on time; mid January. It's been the lowest price point of the past four years, except for last year, which was coming down from the ATH, just like 2014 was.
Therefore, if history repeats itself the current few days (if not now, then no more than over the next three or four days) this will be the lowest Bitcoin price of this year. We are if anything a day or two ahead of schedule.
DYOR - but now is quite possibly the last chance to buy this low, this year.
And if we ARE in 2015 again... (nonsensical extrapolation warning) then:
Around 6,000 in early July, then dip in August to slightly sub 5K
Pushing over 11K in November
Then finishing the year a little lower, but over 9K - ready for the 2020 bull run from that base level.
Of course this is almost certainly wrong, but if this IS the January dip which has been uncannily in mid-Jan (12/12/14 in the past) rather too often, then it is indeed time to buy.
As of now I am scaling back in with everything the tax man isn't lifting from me, which isn't as bad as I feared, thankfully.
This dip seems pretty much right on time; mid January. It's been the lowest price point of the past four years, except for last year, which was coming down from the ATH, just like 2014 was.
Therefore, if history repeats itself the current few days (if not now, then no more than over the next three or four days) this will be the lowest Bitcoin price of this year. We are if anything a day or two ahead of schedule.
DYOR - but now is quite possibly the last chance to buy this low, this year.
And if we ARE in 2015 again... (nonsensical extrapolation warning) then:
Around 6,000 in early July, then dip in August to slightly sub 5K
Pushing over 11K in November
Then finishing the year a little lower, but over 9K - ready for the 2020 bull run from that base level.
Of course this is almost certainly wrong, but if this IS the January dip which has been uncannily in mid-Jan (12/12/14 in the past) rather too often, then it is indeed time to buy.
As of now I am scaling back in with everything the tax man isn't lifting from me, which isn't as bad as I feared, thankfully.
so LISTEN !!!
