Based on basic data such as historical price movement and moving averages I've my own 'short term' prediction on:
- February (slightly bullish): could go as high as $850-900
- March (bearish): could go as low as $500
- April (bullish): back to around $900 and we'll remain on that level for a few months.
Just rough estimates, my focus is on larger trends rather than minor (in BTC world) 10% or $20 movements here and there.
Also these estimates are based on a 'no significant news' scenario (either positive or negative). I regard the chance of receiving significant negative news to be high. E.g. Chinese trading halts completely, Chinese exchange goes bust, large selling volume from seized coins or simply a whale-galore.
Disclaimer: I've no speculative-trading track record other than simply investing in BTC, so don't place your bets based on this.
- February (slightly bullish): could go as high as $850-900
- March (bearish): could go as low as $500
- April (bullish): back to around $900 and we'll remain on that level for a few months.
Just rough estimates, my focus is on larger trends rather than minor (in BTC world) 10% or $20 movements here and there.
Also these estimates are based on a 'no significant news' scenario (either positive or negative). I regard the chance of receiving significant negative news to be high. E.g. Chinese trading halts completely, Chinese exchange goes bust, large selling volume from seized coins or simply a whale-galore.
Disclaimer: I've no speculative-trading track record other than simply investing in BTC, so don't place your bets based on this.