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RE: Technical Analysis Of Bitcoin Still Showing Slightly Bullish Market

in #jarexxtrading7 years ago (edited)

Perhaps, but these things tend to be priced by the market ahead of the actual event. In other words, we'll all probably have a pretty good idea for how August 1 will go days before it.

This is a good post about Segwit 2x potentially activating by July 23. If that actually happens, August 1 may become a non-event, and the market will already decide how the Bitcoin price will go (probably way up).

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I agree with this. I actually feel like the market is showing signs of stabilizing. The Segwit debate may not have much more of a negative effect than it already has.

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