Will Death Cross make Bitcoin Crash? - Bitcoin Price Prediction 2018steemCreated with Sketch.

in #bitcoin7 years ago

Bitcoin Price Prediction

Bitcoin price shot up massively to over $9k after the postive news came out from G20 Summit. However, the bull run could not gain volume as FUD from Japan about Binance dropped the price again. Will Bitcoin, the biggest cryptocurrency which has a massive effect on all altcoins, go back to the all time high's or could it drop back down to around $6k? Or will go the the moon? #lambo 😂😂😂

Summary

  • Death Cross
    If there is not enough volume and price increase soon, death cross could have a massive effect

  • MT Gox
    MT Gox has had an effect. Some people questions whether it directly affected the BTC crash or not, but I think it has at least had an indirect effect

  • BTC Halving
    Will increase scarcity which could drive prices up

  • Lightning Network
    You would think this would have the biggest effect as this actually improves the technology and could potentially help solve some current world issue. But people seem to care more about speculation unforetunately

For the price prdeiction, watch the video to find out :)

In todays video, we look at current breaking news and technical analysis for Bitcoin. Some of the breaking news of Bitcoin discussed here are Death Cross, MT Gox, Reward Halving, G20 Summit, Lightning Network and Japan's Binance FUD. And finally we look at Bitcoin Prediction analysis for 2018. What are your thoughts on my Price Prediction for Bitcoin in 2018?

Please leave your comments below, I would love to hear your thoughts?

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Regards,
Rocko
https://twitter.com/RockstarCryto

Disclaimer: I am not a licensed financial advisor! I have done extensive research and I have been investing and trading for a very long time but still this is not financial advise. Be safe, do your own research and dont invest what you can't afford to lose!