If Bitcoin carries on its recent orm then expect 7000 to be breached before the fork on 25th October.
I am expecting a sell off after the fork and this money should be put back into the alt coins to make another profit opportunity in the Alt coin markets as they have taken a beating over the last few days.
Ultimately its my long term opinion that BTC will be the champion of cryptos and i even saw a report about bitcoin on sky news this morning. They are warning the general public of a bitcoin bubble but as in previous years btc can retrace up to 20/30% but usually makes new highs afterwards.
it is a fact that everyone that has ever invested in BTC to this date is Winning. Lets continue to win people!!!
I am expecting a sell off after the fork and this money should be put back into the alt coins to make another profit opportunity in the Alt coin markets as they have taken a beating over the last few days.
Ultimately its my long term opinion that BTC will be the champion of cryptos and i even saw a report about bitcoin on sky news this morning. They are warning the general public of a bitcoin bubble but as in previous years btc can retrace up to 20/30% but usually makes new highs afterwards.
it is a fact that everyone that has ever invested in BTC to this date is Winning. Lets continue to win people!!!
Comment:
with 12bn worth of volume left the market its clear we wont get to 7000 before the fork. i am expecting a sell of and btc could go back to $4500 by november.