It takes a lot of optimism to make bullish prediction at the moment like this , but if it's a relatively long term prognosis for growth, preceded by a short term one for further drop , then it does sound like SAFE BET.
TODD GORDON, founder of tradinganalysis.com is one of the those analysts who believes the bottom line is that the bitcoin will eventually recover, by early 2019 to be precise.
I did except BITCOIN to drop, I thought for a long time we're going to drop below $5000
Gordon told CNBC, He actually expects BTC to decrease little more than that but he also positive that market will turn somewhere in the $3000 to $4000 range.
I think by the time this contest is over in February, we'll be well back above $10000 and in a pretty good shape.
