BITCOIN: As Bitcoin heads toward the latest Hard Fork it retains its Long Term Bullish Trend. Current Price $2,772.81. BULLISH..!!

in bitcoin •  7 years ago 

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As Bitcoin heads toward the latest Hard Fork it retains its Long Term Bullish Trend.

With a current price of Bitcoin at $2,772.81 we have a LONG TERM BULLISH recommendation on BITCOIN.

Long Term Price Target = +$1,000,000.

Thanks again for reading.

Stephen

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I think the trend will continue for several months after the fork. As bitcoin transactions will be cheaper and maybe faster, bitcoin will hold its position of the reference crypto-currency. I would not be surprised to see a 6000 bitcoin by the end of the year.

Due to many ICO scams and news about regulation, people will seek refuge in mainstream currencies, which will have a huge impact on Bitcoin.

And let's not forget Bitcoin is one of the few crypto-currencies which is used in day to day life, it does not have only potential.

However, on the long run I'm not that bully. Bitcoin dev lead was taken(hijacked) by the nodes, exchanges and mining pools. It's not necessary bad, only the future will tell, but those entities are the banks of the blockchain. And people trust the blockchain just because it disrupts the banks.

Shared on LinkedIn. Stephen

exciting times ahead!

Yes, Bitcoin is preparing itself to take huge jump just after Aug 1st Hard Fork... Bitcoin Cash price will fell down to $20-$30....

nice post

Thank you. Stephen

Shared on twitter. Stephen

1,000,000$ would be absolutely amazing, when do you expect this to happen?

Within the next decade..!! Stephen

great :)
looking forward to it ;)

Definitely worth an upvote and a resteem :)

Bitcoin will stable?

when it will be a good decision to invest ??

Bitcoin is going to keep going up as people want to get their hand on some BCC.
I don't know what effect on the market it will have when everyone sells their Bitcoin Cash but let's hope BTC remains bullish.

Next week will be be very exciting and $3,000 is definitely in the headlights..!! Stephen

The hard fork is causing the price of other altcoin to start going down.I hope that the price of other altcoins like ripple and bitshare will start going up soon