Siacoin- A Golden Opportunity

Siacoin has been a cryptocurrency I have watched and actively invested in since 2017. The premise of this coin is that users of the application will share their unused computer space for others to store information. The stored information is broken up into pieces and can safely be reconstructed when needed.

Siacoin peaked at $.09 in January of 2018 before the bear market began. It touched $.01 and has doubled to $.025. It's a coin with a big future, a big marketcap (#31) $889,926,184 USD and a lot to offer.

Price Predictions
Checking the chart on Coinmarket cap we can see that Siacoin is in the top 50 coins by market cap. It's lesser know that many of the popular coins in this space. Currently it sits at $.025 and has experienced a bit of retracement from it's recent high of around $.03. I predict a bullish upswing in the following days that could easily push Siacoin back to $.03. It's current resistance level is at $.02 and any bullish movement in Bitcoin will move the needle on this coin.

Partnerships and catalysts
Siacoin is essentially decentralized cloud storage. Partnerships could arise with any company needing to store information and those that can offer these services to widespread audiences. Microsoft, Cisco and Dropbox all come to mind.

Actions to take
Siacoin is technically in the buyzone until $.03. At it's current standing of $.025 and with the predicted swing of Bitcoin (which carries the market) to $10500, we are looking at a short-term target price of $.035. Accumulate is the action to take. A long-term target price taking into account Bitcoin target price of $16000 is $.06 by year end 2018.