AltCoin Update - Publica PBL listed on IDEX! KuCoin Sell Off! - The Crypt #39

I know you wanted to do some predictions, so I'll just post mine here in order to be publicly mocked at a later date:

I think we're in the process of bottoming right now. I'm softening a little on my bearish outlook, it seems like shorting is paying off less and looking increasingly shaky. Despite that, bearishness is still prevailing. Mostly I'm expecting relatively low volatility in BTC and some nervousness lasting for a couple of weeks. Things seem particularly uncertain at the moment for some reason and I don't think there can be any dramatic price movements (10%+/- in 24hrs) without news. This is perhaps the most uncertain I have been about the direction of the market within the last year or so.

I think bricriu's discord prediction might be right but I'm expecting the bullishness to be a bit disappointing. So disappointing that we'll probably end up churning sideways just a little higher than before.

More definite predictions (next 1-2 months):

• BTC very unlikely to drop below 6500 (certainly within the next few weeks, maybe ever)

• BTC will bounce pretty hard at least once if it ever drops into the 6k range

• Mostly moving sideways between 7.1k to 7.8kish, possibly rare pops through the 6k and 8k barrier which will last a matter of hours (maybe even minutes) only.

• BTC dominance trending upward, at least until the next round of SEC news.

• Things are likely to be boring and the global marketcap will reduce gradually. Primarily through slowly bleeding alts, which occasionally pump but fully bleed out again within a week.

• Comparatively high volatility in EOS compared to other alts.

• ARK going to fucking zero as a precursor to my first ever suicide attempt.