Post
Topic
Board Speculation
Re: Slow gains and stability
by
Silberman
on 02/07/2017, 19:40:48 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!
Momentum is going to be gained when segwit is finally activated but if the threat of the miners of trying a hard fork materializes then all the momentum could be lost and we could even see a decrease in price, however I think the hard fork to get bigger blocks is not going to pass and it is going to be eventually abandoned and with that the price of bitcoin will grow up even further.