BTC – I can see 50% retracement, and an ugly one – sharp and merciless.
But the problem is there is no enough data to support anything…
Problem with BTC is that people are seeing it as a currency , but it is really a merchandise of a kind…useless in my opinion- but who am I to judge it….millions of people are buying it like there is no tomorrow…without thinking that it is a Profit game and not lifelong investment.
Plus it is an open ended game , without firm rules and real backup of it’s value.
Someone makes and will make huge profits on it, but not the small fish…