Is this the end of Crypto lol, Bitcoin
So today there are a lot of cons falling over all this looks like a correction.. How do I know this.. lets look at the chart:
u can see we are near the 2253, which bounced beautifully. U can see the last tough had been already similar territory. So there is plenty supply at 2253 also if you look at the range for the last few weeks its cycling between:
2100 and 2700
so we are in a band .. I think this band will retest 2700 later next week. I think it may take 4 to 5 weeks to break the 2700 this is a big psychological barrier price and once we move past will see very quick gains. Definite 5k is doable.
What does everyone else think?
go btc
And now, the end is near
And so I face the final curtain
My friend, I'll say it clear
I'll state my case of which I'm certain
I've lived a life that's full
I traveled each and ev'ry highway
And more, much more than this,
I did it my way...
no it's not the end
Oh no my friend bitcoin is getting ready to jump even higher
I see the psychological barrier at 3000, once we pass that and get to about 3200 it will shoot fast, but the rumors about Aug 1 possible fork are making buyers hesitant so we may have to wait till after we see how things turn out then. Bottom line the price needs to continue to rise or miners will stop mining it. Also this recent drop in total market cap is because of ETH getting jammed with ICOs. We found support, tomorrow will be better, just another day in crypto.
I dont think so , I also wrote: the free fall in all cryptos today? see https://steemit.com/cryptocurrency/@charles1/the-fears-in-crypto-currencies-big-losses-in-steem-etherium-bitcoin-et-al
better diversify before its late
I think some of the air left today, but we can still recover, there are a lot of positive developments every day, and you just need a big positive news story to break and all will be forgotten from a weak Monday. Cheers
BTC lives. This is by no means the end.
yep with ya