Bitcoin will hit $5,000 After August 1st
I have made bold claims before and to some extent I've been right... Like 0.01% of the time but this time i have a gut feeling I'm right and bitcoin will rally to $5,000 after this segwit business and stuff is over.
My analysis comes after the recent behavior in price for bitcoin which tells me that people have money and they are just waiting to jump on bitcoin if segwit is a success. Personally i am converting most of my altcoins to bitcoin awaiting this gold rush and i know i will double if not triple my money.
Ethereum and the Future
Ethereum is a darling to many and most otheraltcoins have been based upon it but i lost hope of it overthrowing bitcoin to become the biggest cryptocurrency by market capitalization. I still have hopes for it though but with segwit, bitcoin will be strengthening it's position at the top of the chart.
XRP and Segwit Ripple Effect
One of the biggest gainers will be ripple. xrp has alot of support from the corporate world and they do love to milk a good opportunity when they see one and segwit gold rush won't be different. Currently at $0.17 i can see it rising by 10X or more and for those really looking to make a killing then ripple is your altcoin.
Cryptocurrency Market Capitalization Reaches $250 Billion
Come the first week of August this will be the headlines everywhere and boy will we make some money!! I can't wait for this to happen, I'm very optimistic about incase you can't tell. What do you think will happen? Let me know in the comments.