Post
Topic
Board Speculation
Re: Will Bitcoin Reach $3,000 Next Week?
by
shinratensei_
on 26/07/2017, 23:55:50 UTC
I'm not sure about $3000 without any bigger news than uncertain chain split mention about bitcoin usability such as a country legalized bitcoin which could influence people to buy more bitcoin. Current price still persists at $2750 and barely not move to break $2800 point. I guess, people still waiting for August 1st and segwit2x consensus, whether miners will support segwit or segwit2x, but it will be segwit and I hope hard fork won't happen in order to increase blocksize. After all these matters are clear, then bitcoin price should rise again.

I think that nails it pretty good.  There were scare prior to July 21 and drop to 1800 but now things seem ok and we have this rebound.

After Aug 1, we may see another uptick.
Not for Aug 1.
http://www.cnbc.com/2017/07/26/reuters-america-greece-detains-russian-alexander-vinnik-for-bitcoin-fraud.html
Read it and give your impression.
Does it look good for you? a lot of the international mainstream media will be publishing it to the public. and it can be a bearish news for the bitcoin. So, another mtgox just appear.
Totally the more news related to the money laundering will be appearing as fast as possible.