So far so normal

Published by The King Of Crypto
On Aug 9th, 2019
BTC now: $8,132.81 (-31.38%)
BTC then: $11,852.81

We can sleep at this position $11,8k for serveral days more before hitting the base of the channel, so let's take a breath before the next rally. So far so normal

Breaking the support in at the base of the channel would definitely not be a good sign, but we have some days before worrying about that, unless things go crazy

In the long term, sentiment remains bullish:

Speaking in an interview with Yahoo! Finance on Aug. 9, the notoriously bullish Draper doubled down on his prediction that Bitcoin will hit $250,000 by 2023. Due to current trends, however, there might be a slight delay to the giant price tag becoming reality.

“It’s consolidated more than I thought it would,” he told the network.

Draper is well known for his Bitcoin price prediction, something he has repeated multiple times over the years. Now, he considers a likely time frame for the prophecy fulfilling itself as somewhere in the next four years.

“$250,000 by 2022, and I’m hedging a little, maybe Q1 2023,” he added.

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Published by Sweet Crypto
On Aug 30th, 2019
BTC now: $8,132.81 (-15.14%)
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On Aug 29th, 2019
BTC now: $8,132.81 (-14.32%)
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BTC now: $8,132.81 (-28.58%)
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