Thanks for sharing your thoughts! 2,000 is definitely possible and an important psychological level. If my $3,150 level does not hold, the next test would be $3,000 which is another important psychological level. I see a lot of buying support between 3,000 and 3,150 so my plan is to accumulate in that range.
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Thats good opinion I think. What do you think about ethereum value? Would it go under 200?
They are highly correlated almost 1:1 since ETH made its big advance earlier this year. So my view is that ETH bottoms around the equivalent level as BTC. Bitcoin buy range of 3,000 - 3,150 implies an ETH buy range of about 200 - 217. I think 200 should hold based on the technicals and the importance of the 200 psychological level. Any dip below 200 is likely to be bought quickly.