Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
I believe BTC is going to go down hard, together with ETH.
Possible 3000$ in my view or even to 2800$.
Possible 3000$ in my view or even to 2800$.
What is going to spark this supposed additional crash? Didn't we already have a crash? Sure, I believe that there is always a possibility of a double bottom; however, are you predicting "crash" based on the fact that you sold (or shorted) below $3300 that is going to cause this? hahahaha
Good luck with getting your coins back.
I'd rather be asking what has caused the latest price rally? And was it justified?
Sure segwit got activated ,but that is not worth 25 billion $, and the lightning stuff is still far away in my view.
It's not that a crash is going to happen in my view, but rather that the unjustified earlier price rally is about to get normalized.
Bitcoin at 2500$ is a decent valuation given it's current status (still many backlog transactions) but it's not worth 5000$ now , no way.