Post
Topic
Board Speculation
Re: Short term forecast
by
NeoMyHero
on 29/11/2018, 04:58:49 UTC
After a long period of decline in Bitcoin, I would like to ask, if there is an increase of more than 5% next week, what is the strategy behind it?
I think there is no point of price going up right now. The Bakkt got delayed and until 29th of december SEC doesn't need to tell what they think about this which would probably only affect the price during the early days of 2019. So in the shortest term, 2018 will probably end like this unless some major stuff happen. Now don't forget that no one really knows what will happen in bitcoin world because it is always a shock when something new happens but the main point is this ; either we will stay like this if nothing changes, or someone will come up with some new huge thing and we will start making money. That's the whole gist of it to be honest. There are not a lot of bells and whistles on bitcoin news, whenever something huge happens either going up or down, it is quite easily explainable.