There are a lot of shorts to cover, let's see what happens in the next few weeks..
(1) Tim Draper predicts $250,000 bitcoin by 2022. (2) Mcafee predicts $1,000,000 bitcoin by 2020. Will they be right? We'll find out in the coming years..
As much as I love bitcoin and am 100% long term bullish in this space. We have to put things into perspective. Bitcoin has had an incredible 3 year bull run, and can still go further. However, the price currently sits under the 200 daily moving average. (The last time this happened was in the summer of 2014) Should the price of bitcoin rise above the 200dma and...
What will we do next? (1) Price breaks out of resistance and starts a mid-term bull run (2) Price gets rejected from resistance and returns to low $7000's for more accumulation (3) Price gets rejected from resistance and breaks down to $4000-$5000 level.
Target is 0.035 ETH/BTC - I'm expecting to be able to buy double the amount of Ethereum/Altcoins next month. Position: Holding BTC Target: 0.035 ETH/BTC Let's see if this plays out.
QASH has broken out of the previous triangle drawn, and reached the $2 target. QASH is currently going through more consolidation. I recommend to buy QASH in the $1.00-$1.50 price range. I expect QASH to reach the $4 target over the next few months. Though, in the long term I expect QASH to go much higher, and consider it a strong long-term hold. Read more...
I expect price to consolidate from now until late February ish. Then, I expect a continuation of the bullish trend and a breakout to the upside.
Long term chart on Bitcoin/USD (Bitstamp). Which path will we take to 100k? Only time will tell..
www.reddit.com www.reddit.com I expect QASH to hit $2+ soon. This coin has been under the radar for quite some time IMO. I think it will break out of this accumulation zone very soon.
medium.freecodecamp.org www.reddit.com I believe OmiseGo will have a great 2018. This is a solid project that is aiming to change this world for the better. Good luck to everyone!