Now is the time for BTC to fall.

wvm (54)in #bitcoin • 9 years ago (edited)

I believe this weekend we will see BTC drop to between 2100 and 1900.

BTC is very hard to predict, and the main reason is because it's used so much. I find Alt coins easier to predict (read here for my thoughts on ETH https://steemit.com/cryptocurrency/@wvm/i-am-the-only-one-15-days-ago-that-saw-ethereum-massive-price-drop-no-one-talked-about-it-at-all-when-i-saw-it-in-fact-people)

But BTC... not so much. It's definitely not easy to predict because it has such a strong base, so the main indicator for BTC is the news.

My guess for BTC is we are going to see some drastic lows soon. Because Bitcoin is the "go to" coin for almost all exchanges to purchase any alt coins and to convert alt to fiat, all roads lead through Bitcoin. That's what makes it so stable and strong. But the early adopters to cryptocurrency are cashing out now and this will lead to new lows for BTC soon before Aug 1st proposed fork which still has a great deal of uncertainty.

Do you hear that sound?

It's the sound of millions of investors clicking their keyboards to cash out.

I think this market is going to crash hard these next 15 days.

It's a glorious time.