RE: Bitcoin up 75% in past month, will it be a 100% increase later today?

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Bitcoin up 75% in past month, will it be a 100% increase later today?

in bitcoin •  7 years ago 

I think it's only a matter of time! Where do you see it heading before the fork? Surely it's going to crash down afterwards too! Time will tell!

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Firstly, we have to be sure that a fork is happening, which at the moment is hard to be 100% sure about, though I think it will happen. I think it will dip down a bit leading upto the fork as some people get cold feet and others panic finding out last minute about it all. At this rate of growth, it could also be price correcting nearer the time, rather than anything specifically fork related, as it's nearly due for another small price correct soon enough, maybe even a couple before the fork.
Then after, like after BCH fork, it will carry on as per usual, I find it hard to believe that it would correct after the fork, so it realistically must come beforehand. There's no way it can hold the current price until then imo.