RE: How Low Can You Go?
Is the Bitcoin bottom in? Big things for us ahead, the road forward is going to be a majestic one
“Absolute Lowest” Bitcoin Will Reach Is $4,000, BTC To Soon Leave Current Levels “Forever”
From Forbes, today
“Digital asset research firm Delphi Digital has released their monthly bitcoin price outlook report, and their research indicates the bitcoin price has reached a bottom for this market cycle.
Delphi Digital originally predicted the bitcoin price would reach a bottom by Q1 2019 in their State of Bitcoin report released in December.
This new report from Delphi Digital follows a somewhat similar paper recently released by Adamant Capital, which indicated that bitcoin has entered the final stages of a bear market and it may be a good time to accumulate some of the digital bearer asset.
Delphi Digital’s reasoning behind their most recent call is mostly based on blockchain analysis, macroeconomic trends, and various forms of technical analysis.”