BTC is going to continue to drop for the foreseeable future. We should be below $7,000 (realistically below $6000) by the end of next week, if not sooner. There will be very few slight upturns over the next few months. The increase will not be enough to consider day trading, the risk will not be worth the reward. If I were to sell, it would be immediately, because even if the price goes up for a day or week, it will be going down dramatically shortly after. It will continue to drop until July when the price will bottom out between $2500 - $3000. I have evidence that supports this, but I can't give it up. This is not meant to be taken as advice, it is strictly a prediction for the next 5 months.
FUD .... "I have evidence that supports this, but I can't give it up"
Regulater86
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@Crypto_wiz, It's a true statement. There is no reason to spread FUD in a bear market, shits crashing anyways. If I was spreading FUD I would make something up about why its going to crash. I'm just telling you for how long it will crash for. You should be thanking me for telling you how long it will last.
Blackcoin_
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@Regulater86, No...I don't agree. As soon as someone starts spreading "news" without any prove of truth, it is called FUD...
Just like the times websites start writing "Korea might be regulating Crypto" without real evidences, mostly they have "inside sources"....
your statement "going to continue to drop for the foreseeable future. We should be below $7,000 (realistically below $6000) by the end of next week, if not sooner." and the evidence ""I have evidence that supports this, but I can't give it up" classifies as FUD to me and probably a lot more people
just sayin
Regulater86
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@Crypto_wiz, I'm not spreading any news what so ever. I AM MAKING A PREDICTION what do you not understand about it? I'm creating a timeline. your participation is only necessary in July.
'
Blackcoin_
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@Regulater86, I don not understand that you don't understand the definition of FUD. But.. hey...don't worry. like I said.. "just saying"
Regulater86
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@Crypto_wiz, A prediction can't be FUD because its an opinion. I'm not trying to change anyone's opinions of anything. Not to mention, it is an opinion of a stranger on the internet. If you are dumb enough to take free advice from strangers on the internet, then more FUD to you
Blackcoin_
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@Regulater86, I do my own research, that's why I ran into this post. I'm actually waiting for a daily dip, because BTC has difficulties breaking the new resistance at 8700-8900. that is a fact. anyway.... let's see.. your prediction classifies as FUD, baeause
fear - People read " prediction of below 6000 dollar and much lower by July"
uncertainty - then " before the end of the week, if not sooner to 6k"
doubt - but "NO EVIDENCE"
you see? If you have a foundation for this post, you don't create FUD
but again...just saying.. me...stranger on the internet.
cryptothrice
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this is the definition of FUD.
Regulater86
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@cryptothrice, No its not. Its a prediction that you do not agree with. Even if it was FUD, it doesn't change that its going to happen.
Sniklefritz
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Well I have evidence bigfoot has a micro penis...but I can't give it up... that is basically equivalent to your post due to lack of any data, evidence, etc... :)