Post
Topic
Board Speculation
Re: My prediction
by
Kemarit
on 31/07/2018, 09:33:36 UTC
I predict that even though the current bull run appears to be over, that BTC will not be down significantly below $6000.

We are not moving forward and it seems the price is stagnant at around $8000-$8200. Which led me to believed that there's no bull run that happen but just a bounce from the last bottom.

This prediction is just based on looking at price variations in 2018. $6000 appears to have support.

Again, support will always be there and we can call it strong until it was psychologically broken down. So there's a possibility that we might see another bottom if the VanEck SolidX ETF application would be rejected by SEC. So we can't rule out that possibility.

Note: Don't anyone trust my prediction. I'm just learning more about price movements and making predictions to see to what degree I'm able to predict the market. Or not.

Noted. And that's what makes this market really exciting, other's have their own prediction, but at the end of the day the final decision will be up to you and can't blame anyone for your failure or success.