RE: BTC - UPDATE - 5400$ touched as foreseen - What can we expect now ?
I totally agree that we are gonna see 10K, but I am pretty convinced that the timeframe is a bit longer than what most bulls expect. Too much uncertaincy right now...nobody really knows what the fork will do to BTC price..at least in the near future..What if it fails, what if Russia bans exchanges and other countries get the same idea??
I know that maybe technicals are pointing up, but I believe fundamentals are pointing down...at least till we confirm a succesful fork, and till we see what happens with Russia....
Then again...what if China begins to hand out licenses, and exchanges start operating again??
What to be now...bear or bull??
Of course I am a BULL.....we ARE gonna se 10K...but it will take time until we reach the right level of mass adoption
This is what I am thinking. I also think a lot of this bubble is new noobs who will be shaken out once they realize BTG is a scam and many details of the upcoming fork are still up in the air.
It may only lose 15% but with so many strong altcoin projects listing at 3-4 month lows looking at big advancements (the first real decentralized markets and exchanges are right around the corner) I'm taking my BCH, BTC and LTC profits back to alts asap.