According to the weekly MACD, we still have lots of upside and my price target for Bitcoin in the short to mid term is 30k. (Yellow line)
However, anything is possible with Bitcoin and we could see a 30-40% drop towards the green line in the coming weeks.
Would you buy the dip??
My price target for this Bitcoin cycle is 100k (red line)
More info about this Bitcoin log growth curve here.
![[2020 Updated]Bitcoin Logarithmic Growth Curves](https://static.tradingview.com/static/images/svg/idea-image-placeholder.svg)
However, anything is possible with Bitcoin and we could see a 30-40% drop towards the green line in the coming weeks.
Would you buy the dip??
My price target for this Bitcoin cycle is 100k (red line)
More info about this Bitcoin log growth curve here.
![[2020 Updated]Bitcoin Logarithmic Growth Curves](https://s3.tradingview.com/2/2HTjMg31_big.png)
