Not looking good for BTC in the next 6 months

8 Mar 2018

I think the bearish sentiment will continue at least until July. The log(BTC) price isn't a straight line. It kind of curves in sort of a cup or shallow parabola. I'm guessing it will be bearish for another 3-6 months. We should watch this curve for a while until the trend at this scale looks more horizontal. Hopefully, it will level out in July.