What I expect to happen with BTC July 29-30steemCreated with Sketch.

in #bitcoin7 years ago

Bitcoin's price will continue to drop to ~$2550 until the early hours of July 30, when I expect it to break through the Mitsubishi cloud. If it breaks through the Michio Kaku cloud, I expect a steep drop to $2400. I am pulling those numbers out of my ass, of course. We could also see a new ATH around that time driven by greedy people who want to buy a BCC lottery ticket.

As FOMO kicks in, more and more greedy newfriends will try to buy Bitcoin to secure their free BCC lunch, not expecting fast whales to dump their BCC whale shit on them and bury them deep into the ocean floor.

Still dazzled by the ever-increasing price of Bitcoin due to the BCC-BTC selloff, our inexperienced friends will keep buying an artificially-sustained high, which will also be dumped on them by the whales who will cash out and wait for the inevitable crash.

wew.PNG

Sort:  

Hi. I am a volunteer bot for @resteembot that upvoted you.
Your post was chosen at random, as part of the advertisment campaign for @resteembot.
@resteembot is meant to help minnows get noticed by re-steeming their posts
Even better: If your reputation is lower than 28 re-steeming only costs 0.001 SBD!
If you want to learn more - read the introduction post of @resteembot.
If you want help spread the word - read the advertisment program post.

Congratulations @profit-prophet! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

Award for the number of upvotes

Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here

If you no longer want to receive notifications, reply to this comment with the word STOP

By upvoting this notification, you can help all Steemit users. Learn how here!

Coin Marketplace

STEEM 0.17
TRX 0.13
JST 0.029
BTC 55817.20
ETH 2966.98
USDT 1.00
SBD 2.17