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RE: Bitcoin Price Forecast 1/25/2018
Agree it looks better, but i think the real relief will come after the future expiration. Lets hope we stay above 11k and onwards and upwards from there!
Agree it looks better, but i think the real relief will come after the future expiration. Lets hope we stay above 11k and onwards and upwards from there!
Hey man long time no see :) Yes I believe you are correct, this COULD be one final shake-out before the next round of contracts expires tomorrow (on the 26th of Jan). After that time there is nothing major holding Bitcoin back until we hit some resistance with government regulations.
Right now the powers that be are trying to stand in the way of Bitcoin. The majority of them being banks and local government. The US has been relatively quiet on the regulation front, letting the SEC do the majority of the work.
Yeah its been a while, very busy with work and trading in the spare time i had. Will start writing some more blog posts again. being here again i think i missed it.
With regards to the powers that be, yes they are standing in the way of BTC, but it also might be just to get in on it cheaper. Many of the negative media coverage is just being orchestrated i believe. Soon new highs mate (at least i hope haha)