BACapitalManagement

Is the BTCUSD bottom in? Where could it go?

BITSTAMP:BTCUSD   비트코인
Historically, BTCUSD has corrected over 75% from its all time high on many occasions. After these corrections, BTCUSD has rallied anywhere between 1,600% and over 13,000% from its market bottom, according to this price chart. I believe BTCUSD could do the same again in the future.

How high will it go? That's challenging to determine. If history holds any merit at all, we could see prices rally over 13,000% from the recent market bottom.
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