ghose12

BTC may go for 80% correction overall..

BITSTAMP:BTCUSD   Bitcoin / Dollar
read description..i am neutral right now..dont know whether bear is dead or hidden..if 8k fails 4k now..
I'm expecting a fall from where we are, but I think it will stop short of breaking the previous low based upon a few factors, such as some major alts having bounced up 80-100% from the recent low, market cap doing a full V-shaped bounce, etc. For now I'm expecting a drop to $6,900-7,500. I'm not ruling anything out though. We could drop all the way to the $4K range or BTC could surprise us all and rocket up after hanging at $8K all night.
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