I am bought in bitcoin back into the 61.8 fibonacci level. Seeing a huge sell off in Bitcoin and the manipulation going on with Bitcoin cash will put the market in uncertainty. This will probably cause Bitcoin to be delayed in its progress to higher price. I still believe Bitcoin is not affected by Bitcoin Cash that much as many are making it seems. It is holding its price quite well and only seem to be in a corrective phase. Like I keep mentioning, I am expecting Bitcoin to go to 5k min and 3k maximum. From there, we will not visit 4 digits for quite some time. What are your thoughts?
I'm not expecting 10k by end of year... It's possible, but currently the total cryptocurrency Market Cap has not grown much since August. Money seems to be shifting around coins.
However, Phil Potter might have some more tricks up his sleeves. =) $$$
AbdorhmanThi
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@mightytrader, yea I agree. I am just going to follow whatever the setup gives.
However, Phil Potter might have some more tricks up his sleeves. =) $$$