Bitcoin Due to Dump!
An experienced trader and chart analyst thinks bitcoin is due to come down by at-leats $1000, before or just after hitting the $2500 mark.
Josh O'hagan, an expert in gold, silver and currency trading says he believes due to the anticipation of Segwit, it is swaying the market into Btc favor right now and this is only a bubble as when Segwit is not activated it will actually sway the favour into the rest of the Altcoins.
I think Bitcoin will continue its trend upwards with some occasionally dip. But hopefully will do so without too big of gains or losses.
Yes i do feel bitcoin should continue its trend and will onwards towards the $10,000 mark. although this major dip is going to happen.
I think a swing downwards is bound to happen, and soon of course.. however to call it a "bubble" is a little bit err, well, it's not the best wording one could use. It's a bubble once like 20x more people start buying into bitcoins, as in everybody you know. Right now it's just gaining some normal traction with a little bit of underlying pumps here and there.
by "bubble" I just mean temporary increase in value that is just floating in the air and ready to be popped by a major decision. This major decrease will obviously sway in bitcoins favor regardless as it is the most popular of most coins and the majority of new people who would like get involved and buy in think the price is too high right now. Also current investors will think this is a brilliant opportunity.