So the Hardfork is getting closer and closer. BTC will likely drop, but where will it find support? If you look at the trend since July, You'll maybe say that it will find support at about 5000. that's the bottom limit for the long term trend.
One more thing that might argue the opposite: BTC will rise right after the Hardfork -> People will maybe trade the new SegWit2x coin for BTC, driving up the price of BTC.
As you can see I'm still confused. I want to go long on BTC, but am confused for what is the right time.
Let me know what you think!
One more thing that might argue the opposite: BTC will rise right after the Hardfork -> People will maybe trade the new SegWit2x coin for BTC, driving up the price of BTC.
As you can see I'm still confused. I want to go long on BTC, but am confused for what is the right time.
Let me know what you think!