Bitcoin will hit $5,000 After August 1st

in #bitcoin7 years ago (edited)

I have made bold claims before and to some extent I've been right... Like 0.01% of the time but this time i have a gut feeling I'm right and bitcoin will rally to $5,000 after this segwit business and stuff is over.

My analysis comes after the recent behavior in price for bitcoin which tells me that people have money and they are just waiting to jump on bitcoin if segwit is a success. Personally i am converting most of my altcoins to bitcoin awaiting this gold rush and i know i will double if not triple my money.

Ethereum and the Future

Ethereum is a darling to many and most otheraltcoins have been based upon it but i lost hope of it overthrowing bitcoin to become the biggest cryptocurrency by market capitalization. I still have hopes for it though but with segwit, bitcoin will be strengthening it's position at the top of the chart.

XRP and Segwit Ripple Effect

One of the biggest gainers will be ripple. xrp has alot of support from the corporate world and they do love to milk a good opportunity when they see one and segwit gold rush won't be different. Currently at $0.17 i can see it rising by 10X or more and for those really looking to make a killing then ripple is your altcoin.

Cryptocurrency Market Capitalization Reaches $250 Billion
Come the first week of August this will be the headlines everywhere and boy will we make some money!! I can't wait for this to happen, I'm very optimistic about incase you can't tell. What do you think will happen? Let me know in the comments.

image

Sort:  

Wouldn't it be safer to play Litecoin? If SegWit doesn't work, Litecoin will be up big. If Bitcoin rises Litecoin will likely rise with it.

How much btc should I buy? Lol? As much as I can afford
I like what you say about ripple I've got a good few of those

Man i love this kind of predictions!, fingers crossed!

It will happen and when it does i will rich! I've already started window shopping stuff i will buy

LOL!, man you are getting me all excited! hehe... Yes i believe BTC will reach 5k, but how soon is unknown to me :D

We will be filthy rich i tell yah!

I don't think it will go up to 5k, maybe 3k for this year, BTC will probably reach 5k in 2018

Not going to lie, this would be PRETTY Awesome! Thanks for the post! I would love a 250 Billion Market Cap ;)

$250 billion market capitalization is inevitable man!

Bitcoin rose so high only at the expense of Ethereum and ico, do not forget about it. Who wants rase of 10% in a month when ico give you 100%?

Prior to the release of the ETH on the market in January, bitcoin cost only $ 1000. Did you see a connection with the growth of bitcoin and the appearance of the ether in the markets?

Right now BTC may be rising by 10% but after August expect 200% to 300% gains!

Your mind will be like ...

Congratulations @erickjongo! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

Award for the number of upvotes received

Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here

If you no longer want to receive notifications, reply to this comment with the word STOP

By upvoting this notification, you can help all Steemit users. Learn how here!

Congratulations @erickjongo! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

Award for the number of comments

Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here

If you no longer want to receive notifications, reply to this comment with the word STOP

By upvoting this notification, you can help all Steemit users. Learn how here!

Coin Marketplace

STEEM 0.21
TRX 0.20
JST 0.033
BTC 94693.28
ETH 3119.47
USDT 1.00
SBD 3.05