Re: Bitcoin's Next Direction 2017 Predictions

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.

it will rise as $2000 i think, as per demand of the people, it will more, its value will increase too. more and more people are interested therefore they will make bitcoin as their investment the supply will increase too, bitcoin needed to circulates in order for it to gain its value and to lived more longer, but so far I see that bitcoin will be the most well known cryptocurrency coin and will be the highest in terms of value among all,

It is not logical if it continues to go up all the time. They ll dump it to collect and raise it again. Imo summer will be dump season. They ll collect for a while. then maybe in sptember they ll start to pump again till 2000 USD

We can already see weak hands around the $1,800 range, we had broke it before but the rest of the market is now somewhat nervous and it hasn't really been able to crack it since we crossed it initially. I'm kind of comfortable with it already, but if it keeps going up then I have no complaints. Might as well just keep on trucking and see what happens. Seems good right now.