Last week I predicted a bear market, and was instead hit with the mother of all short killers. I was a week ahead in my prediction, but that prediction still stands. The next week will be mild, but Bearish. We will be dropping between $6500 - $7,000 over the next 2 weeks. It will be followed by one more week long Bull Run, but that will be the highest the price...
This weeks prediction is looking bearish. Prices will be dropping in the $5,000's with a slight rebound, but it wont last. Stay away from day trading for the next week.
Last weeks prediction was right on. The prediction was that it would stay in the $8,000 - $9,000. Actual range was $8,149, briefly peaking at $9,200. Current price is $8,400. Unfortunately, its gonna another boring week. This time the range will be in the $7,500 - $8,500. Again, not worth attempting to day trade. It will be dropping into the $6,000's at the end of...
My last weeks prediction was that it would be in the $6,000 range, but it only made it down to $7,200. Close! But no cigar! I think we are going to see some sideways movement this week. Minor gains, probably stay right in the $8,000 - $9.000 range. Nothing worth attempting to day trade. More big drops ahead.
I think the price will be in the $6,000 range within the week. It will have a slight rebound for a week or two where it will go up and down negligible amounts. It will continue to drop after that. I hope whoever is holding, is in for the long haul. Because the next few months are lookin pretty bearish.
BTC is going to continue to drop for the foreseeable future. We should be below $7,000 (realistically below $6000) by the end of next week, if not sooner. There will be very few slight upturns over the next few months. The increase will not be enough to consider day trading, the risk will not be worth the reward. If I were to sell, it would be immediately, because...