Bitcoin (BTC/USD) - $36334 Long Term Prediction

The question we keep coming across is "What are Bitcoin's predictions for this year? How high or low will it go?"

Here's some long term targets for BTC which we might hit this year based on the 1 & 1.61 Fibonacci Extension levels:

Target 1: $24771
Target 2: $36334

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Short Term however, it's a different story - we might see a further dip in BTC before moving towards new highs.

We shall be posting predictions for BTC's movements for the shorter term.