Bitcoin will pretend until ...

in bitcoin •  7 years ago 

As most of you already know...the volatility Cryptocurrency market can be extremely difficult to predict but those who have been following closely will probably have learned a couple of lessons...

LESSON 1: Anytime there is a BIG high there will be a BIG low

LESSON 2: Anytime there is certainty, the deposit box weighs more

LESSON 3: Anytime there is uncertainty, the deposit box WILL definitely weigh less

The list goes on and on and on....

Bitcoin: The uncertainty of the August 1 SegWit etc will hold bitcoin back from crossing deep into the $3000s. I suspect we will be dealing with a back and forth between the $3000 and the low $2200s or ever lower as the date approaches.

This back and forth is a GREAT profit window !!!

If however, Bitcoin survives and comes out of the August 1st 2017 'Judgement Day' uninjured then get ready for $4000 there about and depending on the many other factors could determine where it goes from there.

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