According to my friend Ryan, ... "Bitcoin's gonna have to punch harder"!
What do you think? Do you agree with his Chart & Analysis?
Personally, I think BTC may drop to around $2,500 then climb up again.
And it's always a good time to buy BTC. You decide when you want to.
Happy Hodling!
IronBurst
Nothing goes up in a straight line. Does your friend want Bitcoin $500k in one single week?
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No, my friend is not John McAfee ... ( re: https://www.reddit.com/r/ethtrader/comments/6nv43b/so_john_mcafee_just_predicted_500000_a_bitcoin/ ) , the man himself on his prediction that Bitcoin will be worth 500k very soon?!
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This phase is a classic "bear trap" where people sell off seeing the price decline. In a few days the price may breach that $3,000 mark again :-D https://steemit.com/bitcoin/@hotsauceislethal/bitcoin-price-forecast-7-21-17
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Thanks for the input!
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