Analyzing the daily bitcoin chart we can see that our price is trending pretty nicely. Although it is hard to give merit to trends in Crypto, we can make some educated forecasts here.
We can see that our stochastic at low threshold, which sets the stage for a potential uptrend, we can also see that previously we saw some large gains at the 0.5 Fibb retracement in the first green box. I expect us to hit that 0.5 line again and once we do we should get some nice support that will help price cruise over $3000 for some ATH's. This is compounded by the fact that in the second green box (where I expect us to hit the 0.5 line and rise) we are also gaining support from our Gann line.
I expect our target to be around $3045 where we will test and likely see some dips after that.
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評論
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UASF aside this is the likely scenario if price remains neutral.
評論
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With successful split as support price is likely to soar to $4000+
@silmaril0875, I agree with you that if there is no disagreement as to segwit2x by this date.
mozartc
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In the weekly we still see the price going up and it should continue like this until we have a decision on the Segwit, until everything is resolved we must continue with much uncertainty in the market, the tip is not to operate this period and look for ways to protect itself.
We see the price losing bottom and now doing pullback, should probably continue falling, after this if you have not yet sold but want to sell, this would be a good time.
In this moment of uncertainty it is important to protect yourself, if you are not going to sell your bitcoins, put them in a secure wallet where you hold possession of your private keys (mycellium, ledger, paperwallet, electrum) and thus you can wait for this troubled period with security , If you sold it just wait for all the problems to go through and then repurchase.