Tony Caldaro on Bitcoin...
123 abc says:
September 15, 2018 at 1:58 pm
Bitcoin: Personally see five completed waves up to Dec-2017, and now a bear market towards sub $1000 by 2020 is underway; i.e. see below charts. Do you agree with this outlook, or is there an expectation of a return to $10,000 and the $20,000 all-time high?
tony caldaro says:
September 15, 2018 at 2:48 pm
Three waves up to December 2017 … could make new highs in a fifth
123 abc says:
September 15, 2018 at 3:19 pm
Thank you for the response Tony, very appreciated.
Quite surprised to hear your view on Bitcoin. Was personally under the impression that a massive parabolic bubble had burst, and price was set to collapse to zero, i.e. tulip mania.
If indeed you suspect a final fifth wave higher, either truncated or to new all-time highs, where do you see this current fourth wave ending?
tony caldaro says:
September 15, 2018 at 3:45 pm
The low so far for this crash is $5775. A little lower should do it.