EuroMotif

Crazy EW idea: $8500 by mid-Nov fork, $12k by end of Jan 2018

Long
COINBASE:BTCUSD   Bitcoin
This is my most optimistic view currently (also working on a pessimistic view next).

I am expecting continued buying into the mid-Nov fork.
Additional motivation from CME announcing BTC futures to be traded by end of year.
Through end of 2017 and into early 2018, I expect the CFTC to announce rules regarding BTC as a commodity.
Then the SEC will be able to approve ETF's based on the BTC futures, now a regulated commodity.

2018 will be BTC's biggest year yet!
There is a lot of money waiting to get in, but has not been allowed thus far.
Once the gov moves, Hedge Funds, Pension Funds, and 401k's, will be able to invest in BTC.
This is the BIG money - people sending X% of their weekly paychecks into Crypto, forever.
Even 1% of retirement funds would bring like $100 Billion a year globally into BTC.
That has been the driving force in the stock markets for decades now (talk about a bubble).

Thought: AMZN and AAPL are worth nearly $1 Trillion each. Cypto right now is about 0.1 Trillion.
There is no reason Cypto market cap can not hit $1 Trillion within a year or two at most.

We ain't seen nothin' yet :)



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