Quote from: wxa7115 on May 07, 2017, 04:36:46 PM

Quote from: baritus on January 04, 2017, 01:33:42 PM

Hello,

After successfully predicting BTC moves in 2016 here on the forum, I have a new set of 2017 predictions that I'm using to trade the current move.

1. Rise to $1,200-$1,300 (Current move)
2. Correction to $800-$900 level and range trading for a while
3. Rise to $1,500
4. Correction to $900-$1,000 and range trading for a while
5. Continued rise to $2,000 by end of year

tldr; BTC will double this year after making a couple of moves up and down.

You have gotten your predictions right to number 3, I do not know if we are going to go that low as you predict in your number four prediction, but the current price is unsustainable, the 2000 mark is far but there is a lot of time to reach that price especially since at the end of the year the price always goes up.

I agree with your 4th prediction that their will be sure some selling pressure and it may be due to ETF rejection and some other bad news also. because if someone short it for like 100 $ low then automatically their will be panic selling and it can stretch to any extent.