Starting with the fundamentals we can see a huge drive behind the current prices caused by the upcoming Segwit2X fork (15th-16th November). The fork will airdrop S2X coins worth around $1000+ at the moment. This is a tasty bait for everyone who knows about it. Then the CME Group made the announcement of the year stating that they are planning to launch BTC futures contracts by the end of the year. This means the beginning of mass adoption and will very likely open the floodgates of money.
BTC is already in a parabolic trend and propelled by the recent events. The Fib levels have been working out nicely to predict supports and resistances so keep an eye on them. It would be nice to grab some cheaper coins after a minor correction after the S2X fork around the Ichimoku cloud levels. Then in December we can expect another run for $10k once the CME opens the futures to the public. It will also be around the Christmas season so we may see a maniacal bull run in a vertical direction (it's gonna get Jenga-risky).
BTC is already in a parabolic trend and propelled by the recent events. The Fib levels have been working out nicely to predict supports and resistances so keep an eye on them. It would be nice to grab some cheaper coins after a minor correction after the S2X fork around the Ichimoku cloud levels. Then in December we can expect another run for $10k once the CME opens the futures to the public. It will also be around the Christmas season so we may see a maniacal bull run in a vertical direction (it's gonna get Jenga-risky).
评论:
Then again, I wouldn't be surprised if we only reached the ~$7400 and didn't get all the way up to ~$8200. Believe it or not, last Sunday I had a dream that Bitcoin went up to $7400. Could it be the top? We're gonna see, it seems that it touched this level on some exchanges and may go higher. Either way, the $6180 support looks solid to me.
评论:
Another actual thing that we may need to take into account is the fact that the Segwit2x fork doesn't have a replay protection implemented, meaning that the original chain and the S2X chain may become entangled and cross-fuck each other up. Some investors seem to be switching to BCC for this reason. At the moment 84,9% of blocks are signalling S2X support. What a crazy period.
评论:
BTW notice how the CME Groups stock price wen't up today. They're gonna swell in December.
评论:
Remember the Fibonacci sequence? 1,1,2,3,5,8 ;)