Bitcoin is testing ATH right now. My forecast: it will be higher, but not now, it takes more time to consolidate before the breakthrough

in #trading7 years ago (edited)

This is my plan A:

I suppose the formation of the right shoulder in the inverted figure "head and shoulders". Formation will continue until about the beginning of September (2017). The growth from such a figure will be more stable and we will be able to reach 5000$+.

Of course, I think from my position, as I'm in the altcoins at 100% at the moment. I hope I can get out of the altcoins for this remaining week and be in bitcoin in his last move upstairs. Then we must escape in fiat, IMO.

Sort:  

I'm with you on the 5k soon! 10k before the year is over.

Take a look at these posts, you will understand why I also believe in the million dollar prices, maybe more if the dollar hyper-inflates due to the now overdue economic crisis and the typical keynesian response of governments to them.

https://steemit.com/bitcoin/@cryptoeagle/cryptocurrency-wallet-users-vs-facebook-users-where-are-we-now-making-the-case-for-the-million-dollar-coin

https://steemit.com/bitcoin/@cryptoeagle/crypto-is-siphoning-off-gold-s-market-cap-bitcoin-could-increase-50x-in-price-by-stealing-gold-s-thunder

https://steemit.com/bitcoin/@cryptoeagle/why-a-bitcoin-etf-may-soon-become-a-reality-video-by-bloomberg-business-it-s-happening-folks

regards

I'm with you on the 5k soon! 10k before the year is over.

After 5k I expect serious sales, and it is unlikely that 10k before the end of the year, rather, this is the goal for 2018, IMO. I'm starting to read your posts, although it's not easy for me))

I'm very optimistic as you can see. Why is it hard to read my posts?
Hope they bring value and optimism to you as well! regards

Because English is not my native language)) But I like to have practice here in English.

This is a great place to practice English and the many new words in the language of crypto such as segwit, fud, fomo, choyna, etc ;)

This post has received a 12.50 % upvote from @nettybot thanks to: @park.bom.

Send 0.100 SBD to @nettybot with a post link in the memo field to bid on the next vote.

Oh, and be sure to vote for my owner, @netuoso, as Steem Witness

Have a great day!

Coin Marketplace

STEEM 0.26
TRX 0.20
JST 0.039
BTC 95654.77
ETH 3579.91
USDT 1.00
SBD 3.84