Hi all,
Are we expecting a drop in price since China is going to ban crytpo by end of this month?
As of the moment, bitcoin value is slowly rising up. I think bitcoins are not affected with China banning ICO's. Maybe Altcons are shacking now because of the China banning ICO's. I'm excepting bitcoins will hit 5k by the end of October (Hopefully). Maybe bitcoins will drop less but for sure I will bloom more than what you think. I decided to buy a few bitcoins and see what will happen with my experiment.
I can't call it slot but the movements are fair since it gain more price for just even a week of being stayed at 3000$ and now it is getting back again for 4000$ price and this one will be more great on next following days it will touch to 5000$ and that will be one of the fastest growth happened on the history.
The price moves at present is a form of stability gain. Same as that the price staggering within limits within $4000 now too it makes a move between $4000 - $4300 for a short time period. This will once again move further reaching. $4500 and in this manner gradual growth happens until large scale price pumping.