i reckon a run up to about $4K over the next month
i wish i felt pressure to sell when the price was high, not low.
that said, i've hodl since 2012.
i've seen some shit.
What do you think the high of 2017 will be? Do you think $4K will be it, or do you think higher? This is the first time I experienced it getting close to an ATH so I'm out of my depth.
i've experienced all of them since $31.
given the history of bitcoin's price movements my hunch is that it'll run up to fairly close to $10k and then crash back down to the $3500-$5500 range for a while.
after that it's unlikely to crash again like the past 2 bubbles. there isn't the potential for disaster that there once was that would trigger these things.
so i imagine that after that another brief period will follow of not much movement and then another run up past $10k and suddenly flying all the way up to silly money in the hundreds of thousands and millions.
segwit becoming activated will make me more optimistic and committed to this guess. but even without any scaling attempt at all bitcoin's future is guaranteed and therefore it's appeal as a store of value is too.
This is Gentlemen.