My Forecast for Bitcoin ( 6 months -1 year ): We will finish completing this fractal around the beginning of September. The next price ranges for the next few months will be around 600-680 followed by a 680-770 range. Around December to January we will start the next phase of this cycle, which is the Spike Phase and start to see new highs. This will continue...
For more info and a comparison of the 5 mayor cryptocurrencies of this moment, please see steemit.com And go long. Very long. :)
Good chance bitcoin price can go up/sideways from here. Price crossed resistance from 4000CNY top earlier today and thoroughly tested new support. With the last 30min candle price even crossed a minor resistance up. TRIX and RSI also crossed the resistance line from 4000CNY top.
Based on my experience, bitcoin market very often pumps and then corrects itself. Usually there are moves in like 20-40 USD and then correction half the way. I see the price rise for last few days, I expect it to reach like 425, maybe 430 and then I expect correction to like 410-400 range. I think this cycle will happen until sunday/monday. You should prepare...