BITCOIN Possible BULLISH scenario in the next months.
I observe in the triangle formed in the bitcoin / usd pair that has been reducing which would lead us to a possible bullish scenario in the next 8 months, these would be my price predictions:
So here is one of my picks.
BTC/USD
Time of predictions: Next Eight Months
Objetives:
23000 $ 1
25000 $ 2
27000 $ 3
Very interesting, however there could be some black swans waiting in the midst. The intentional sabotage of the blockchain by some rather unsavory characters has proven to be a serious problem.
Also the implosion of a company such as Tether, and subsequently Bitfinex, would cause a SERIOUS collapse in the market. They are developing a site called Ethfinex which will run on the Ethereum network... The US govt is investigating them meanwhile and they have yet to provide a full audit of their reserve funds. If you ask me this is the biggest skeleton in the closet right now.
So I see for the march red numbers but how it will go in april I do not know
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