Short bear BTC, new ATH early 2018
This is my BTC price prediction. Sold most of my btc end june with the thought a possible panic might occur end july, and less trading volume/more cashouts due to holidays and having flashbacks of the bubble in 2013.
ICOs might want to sell their ETH for fiat with the reason to prevent their development money doesn't go up in smoke. ETH going down fast isnt good for BTC imo, their marketshare is too big to neglect.
Enough support above 2000$, but anxiety/unrest can cause a big dump.
Looking to buy somewhere between 1300-1700.
I think we'll have a short bear market following a bull market to see new ATHs in the beginning of 2018. Like it did in 2013.
Time will tell if i was totally wrong. (I'm not a fibonacci expert, i just put them at lows/highs to see which level held during a specific bubble)
ICOs might want to sell their ETH for fiat with the reason to prevent their development money doesn't go up in smoke. ETH going down fast isnt good for BTC imo, their marketshare is too big to neglect.
Enough support above 2000$, but anxiety/unrest can cause a big dump.
Looking to buy somewhere between 1300-1700.
I think we'll have a short bear market following a bull market to see new ATHs in the beginning of 2018. Like it did in 2013.
Time will tell if i was totally wrong. (I'm not a fibonacci expert, i just put them at lows/highs to see which level held during a specific bubble)
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