Bitcoin (BTC) : Worst and Best possible scenario analyzed
Bitcoin (BTC) currently trades above $9200 and is well on its way as far as our bullish scenario is concerned. I’ll start with the best case Bitcoin (BTC) scenario first because that is also the most likely one. As you can see the trend, Bitcoin (BTC) is currently following a similar price action to that of late 2013. This means that we could continue to see some accumulation over the next few weeks followed by a very exuberant bull run in the form of big long candles just like we did back in 2013. The charts look extremely similar and Bitcoin (BTC) seems to have found support at the yellow trend line. It also shows how Bitcoin (BTC) bounced off resistance line in early 2018 just like it did in early 2013. All of these similarities point to a pending bull run for 2018 that would push the price up to $100,000 to $150,000 in the best case scenario. Analysts have come up with a wide range of Bitcoin (BTC) predictions for 2018. The modest ones are near $25,000 whereas the bullish ones