Cryptocurrency Price Analysis - 06/08/17

Price analysis for the coming week (06/08/17-13/08/17)

Bitcoin

• Things looking bullish for Bitcoin.
• BCH money still flowing in
• Scaling issues soon to be resolved.
• Up 5-10%

Bitcoin Cash

• The sell off still continues.
• Expect more BCH to come to the market this week.
• Mining is still too hard to be profitable.
• Long term future unknown.
• Down 20-50%

Litecoin

• Steady as she goes for Litecoin.
• Will see a moderate gain on the back of BTC gains.
• Up 2-5%

Extra note: On the way down BTC will be oversold, if you can pick the bottom with any accuracy their will be some very easy money to be made, I personally don't think we will see the bottom until mining becomes profitable. I don't think this will happen this week.

As usual please feel free to comment below! Have a profitable week!

- WetWipe