Hello everyone. I'm back, this time with my price prediction of BTC/USD for the end of 2018.
Before I say anything, I just want you to know that I'm a total beginner and the price of BTC might be far from my opinion. Always do your own research before investing in cryptocurrencies.
As you can see, BTC/USD has been in a massive since February. Although not perfect (Sorry) , this triangle might show us the future for BTC price, at least for the next month or two.
Although very unlikely if you ask me, price might fail to 5.2-5.4k level before bouncing off again. If that happens, I expect the price to reach at least $10k before end of the year since it will be a great opportunity for new investors to buy at that price level. I think it's very unlikely for BTC price to fall below 5k since there are tons of people who are just waiting for such a low price like this to buy some BTC .
Have in mind that this is just a newb's opinion and this idea can fail easily. Good luck to everyone and let's hope for a bullrun before new year. :)
If you agree with me, please rate this post up, and feel free to comment my price prediction and also tell me what you think where is price heading to before end of 2018. :)
Have in mind that we might also see some short-term bullish movement before going down exactly to mid 5k.