BlockPicture Update. Bitcoin is about to go to $3,000 soon. Then $7,000 in Dec-Jan

southerncrusher (38)in #segwit • 7 years ago (edited)

BIP91 is Signaled and Ready. We have 244 blocks togo and if we signal 80% of those blocks then it locks in.

WHAT DOES THAT MEAN FOR BITCOIN?

It means that all of the FUD that caused the selloff goes away and a big portion of that money comes back in. Also, it means that the scaling debate is resolved (except for the Hard Fork in November).

There is no reason not to expect a $3,000 Bitcoin price in the near future. After that, maybe another selloff, then after November's issues are resolved then a resume of the Fib curve upwards to $7,000

#bitcoin #ethereum #bip91 #crusher

7 years ago in #segwit by southerncrusher (38)

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BlockPicture Update. Bitcoin is about to go to $3,000 soon. Then $7,000 in Dec-Jan

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