[Personal Opinion only]
The abnomal bull market that BTC have seen just right before the end of 2016 was quiet huge and unexpected. As mean-reversion shows, the derivative of the price in respect to time was going to high which requires a correction for sure.
Very Short-Term target price (1 week): 760-790 EUR/BTC
Short-Term target price (2-4 weeks) : 680-710 EUR/BTC
Mid-Term target price (2 months): 730 EUR/BTC
The abnomal bull market that BTC have seen just right before the end of 2016 was quiet huge and unexpected. As mean-reversion shows, the derivative of the price in respect to time was going to high which requires a correction for sure.
Very Short-Term target price (1 week): 760-790 EUR/BTC
Short-Term target price (2-4 weeks) : 680-710 EUR/BTC
Mid-Term target price (2 months): 730 EUR/BTC
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.