Will BTC cross 6000$ mark in October 2017steemCreated with Sketch.

in #bitcoin7 years ago (edited)

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Well BTC is currently taking a rest on it's key support level which is $5000 at present and there is lighter to heavier possibilities if it will break $5200 in next 2 or 3 days then it will go below$5000 again.

$5000 is a psychological support level if not sustained in few days and will break with a heavier volume can be witnessed a steep correction in BTC price which will tried to touch 3850$ mark another key support level of several months.

While in other scenario if BTC tried to touch and cross $6000 mark it will get support from $5200 level and may seen some consolidation over there and on the back of segwit fork 2 it will ride towards $6000 mark with in next 10 to 15 days, means Bitcoin can close above 6000$ mark on October, or it will break 5000$ mark in October also.

October will play a make or break situation for the BTC as we witnessed it's most ambitious segwit fork 2 outcome at the end of October.

So let's ready for a 1500$ to 2000$ movement from now till October end.

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In my opinion Bitcoin will be between $6000-$6500 before October 25.

Yes Dear I am agree with you @substance11

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