Are we seeing the beginning of the end? Could this be it? Could bitcoin actually go to $1000 USD? What do you think of the current scenario? Are things looking positive or negative? Tells us why.
I see negatives right now, like this thing could fall some more. For one, because the feud between VER and Wright.
Switzerland just approved the world's first ETFs but their Market has only 1.3 trillion U.S dollars, nothing compared to Wall Street.
Check out the article below on what the SEC might do with the upcoming ETFs review. They will probably deny or postpone.
https://cryptocannibal.com/2018/11/14/why-the-future-of-a-bitcoin-btc-etf-is-uncertain-with-the-current-bch-hash-war/
Another factor that may cause BTC to crash right now, is slowing global economic growth. Oh, and lets not forget the fear index.
https://alternative.me/crypto/fear-and-greed-index/
Retail investors are very uncertain about bitcoin right now.
What are your thoughts?
IMO , based on study of past drops
Odds Bitcoin drops to $4000 within 3 months , 80%
Odds Bitcoin drops to $3000 within 5 months , 70%
Odds Bitcoin drops to <$2000 within 1 year , 60%
Litecoin drops below $20 within 3 months , 80%
Whole Market is entering a 3 year or longer Crypto Winter similar to the 2013 to 2016 bear markets
We are going to see a Mass Extinction Event for Weak Coins.
Bye Bye to Ethereum and all of their tokens.
