The Dragon pays back
Last few days we were hearing of an action called "Dragon Slayer", which initially showed in this video:
Then forums were time to time enlivened by some rumors. It was/is supposed to act against Bitcoin, called as a Dragon and elect the new king of cryptocurrencies: Bitcoin Cash. In addition, in last years Black Friday was also Black Day for BTC. Last, but not last asspect was the minnig difficulty.
It all gave us signs that something may change. First hours were saying:
https://twitter.com/WolfOfPoloniex/status/933461305616470017
But... not for now. Bitcoin just made new ATH. BCH is going down. Is it the end of "Dragon Slayer"? Some scenarios says, BTC first goes to 10k than drop on $1k, will it happen?
What are your thoughs?
With or without dragonslayer, I think that we are at quite an extreme ath. I was already amazed when btc hit usd 4K and that’s only a few months ago. Happy to hear more thoughts!