Technical and fundamental bitcoin price analysis

Technical and fundamental bitcoin price analysis

This is my appreciation and something that may possibly happen

Let it down as in the chart up to $ 2170 dollars or up to $ 2115, but then it will be an exponential growth.

Reasons:

• Australia enters to use bitcoin
• India enters to use bitcoin

The fall is very consecutive these days due to speculation of segwit.

How can you protect yourself in the long run?

I recommend waiting until it rises to $ 2600 or $ 2700 and keep alternating currencies, which I recommend to keep are:

• Litecoin (very stable currency)
• Dash (coin that already has the segwit)

If you want to stay on the sidelines, do your analysis, but you have to be aware.

In the following days a strong rise is anticipated as well as several consecutive descents, will be constant until establishing a new cap that I think will have a support for over $ 3000 finally, it is believed will not lower of this value and there will be maintained between $ 3000 to $ 3300 and continue Its rise.

It is a decision of each as always.
A greeting, and I appreciate your reading.