Post
Topic
Board Speculation
Re: Slow gains and stability
by
ktabb
on 10/06/2017, 14:54:26 UTC
The last couple weeks we have seen a relative stable price with slow upticks. Many prefer to see this rather than huge instant rises. I like the fact we have been holding in in the 2700 to 2800 range last several days. We know from past summer is a quiet period. If we stay at this range through summer I would be quite happy.
Get through August unscathed then gain some momentum heading into the latter half of the year!

It is strange that the price has stabilized when it was rocketing upward so quickly before. I don't think it is done rising, and I also think it is still very overvalued. It will become volatile again soon, and eventually it will most likely crash down below $2,000... probably before the end of 2017