The Bitcoin touched new max, the news about CBOE Futures - is Fact now. There is no new information about Tether huge cap. And loooks like double top on Bitcoin chart is drawing now.
My opinion is that correction will be achieved in the range 8-12 and then big daddys will open new long position with target 25-28 before new year.
What you say?
BTC
As of now it is impossible for bitcoin to reach 25-28 this year as it really drops 20-30% this month. But hopefully by 2018 it will reach that range and investors will come to make that happen.
I meant that before the new year there will be a purchases of btc, when the price becomes suitable, but you know, volatility of a coins can made and this scenario possible)
Talking about on the possible lowest price for this year cant be known since we do know how volatile is the price of bitcoin but regarding on accumulating it before the year end isnt really a bad idea though but in my case i would wait for a little longer on what would be the reaction of price in the new entry of year 2018. If i do see some potential on increasing then accumulating phase would begin and add up on my folio. Its just a matter mix of intuition and instincts.