Post
Topic
Board Speculation
Re: Calling the bottom here. Currently at $3344
by
CerealKing
on 15/09/2017, 05:46:25 UTC
I call $1200 after Segwit2X resolution November.  If there is a fork it goes even lower. 


  • China will be selling until all the exchanges close, this will take a bit 
  • China won't be buying, so obviously you lose a ton of buyers
  • Prolonged uncertainty, HODL meme sheep will start capitulating
  • Will take a bit for people to get money out their trezors, etc 
  • Veteran buyers will be wary, new buyers will be scared off - Bitcoin headlines
  • Downward pressure miners who need to sell and lack of buyers, whales selling

Maybe a shorter period bear market than last time (months) before a more healthy slow build up. 


Someone logical for once. Agreed 100%