As we are seeing a bull run from bitcoin there are some technicall realities for bitcoin price analyzes.
By the end of segwit2x integration then price will start to drop. We call this a "Correction" move .
Altcoin prices will gain from this drop. First drop will be around 6500$ then we will see a deeper correction to 5600$
If we get some more sells then we can face a deeper correction to 4500$ and this will be the end of correction move.
Ethereum price will be rise again 0.07 BTC while this happens.
And here we will start a new bull run which will possibly start around 14-December 2017.
This bull run will not stop until we hit 10.000$ and this will be the begining of huge rise.
After this we will see that bitcoin suppport line will place around 6500$
every correction move makes altcoin price rise.
Great post!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Congratulations @ccworld! You have completed some achievement on Steemit and have been rewarded with new badge(s) :
Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here
If you no longer want to receive notifications, reply to this comment with the word
STOPDownvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
The @OriginalWorks bot has determined this post by @ccworld to be original material and upvoted(1.5%) it!
To call @OriginalWorks, simply reply to any post with @originalworks or !originalworks in your message!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit