Bitcoin Value Forecast: A Brief Simple Short Term Analysis

in #bitcoin7 years ago (edited)

In my opinion it is the beginning era of a good time to get into bitcoin, but not necessarily at this very moment. There will be some dips in the short term, possibly even a crash or two in its value in the near future. If you have a strong conviction in the actual long term value there will be many buying opportunities as no investment that is available to the masses goes straight up in value without any hiccups. Landing your portfolio you choose to invest in this speculative idea would do you best in my personal opinion to buy the dips, or if at all nervous about the investment, wait for a real crash, and re-evaluate your conviction at a real crisis moment. If you are still totally convinced in its value start picking it up in blocks, but not all at once. Institutional investment is going to play games with its value and do everything they can to short sell it's value because it truly horrifies the crap out of them that their days of being the financial king makers of the world may soon be over. The bet is not on just the currency, but the sentiment of people across the globe that want a currency not based on indebtedness but rather a currency free of cost, easily portable, and most importantly a currency not linked to international government cronyism but FREE WILL of the people that make up the marketplace.
Your thoughts?
Is this the correct short term forecast, after five days here are my thoughts...

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Great post bud very informative , i actually did an analysis as well .Feel free to check it out might be something you can relate to https://steemit.com/bitcoin/@jsonkidd/btc-technical-analysis.

Good stuff took a look, left a comment and vote.

This is it!! Now is the time. You are the one you have been waiting for. The SBD payout on this post is much higher than the displayed price. Using Steemstats I see this post is worth approximately $1.2582 USD in SteemDollars!

@cryptkeeper I also see that you have voted 64 times in the last 24 hours and are down to 9% voting power!! You need to recharge haha

Wow, really. How did you find that and the vote count. I have actually been contemplating a power up but not quite sure how I want to go about it. Any thoughts. Thanks again for great commentary you have a ton of great stuff as well.

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