RE: Bitcoin $17,000 Target Update & SegWit2x Returns
Interesting post. What do you think about the possibility that a correction is still on the way ? I'm new to chart analysis but maybe the consolidation we see at the moment is just a 'pause' before another 'crash' till like 10k$ or 8k$ ? Do you think it will be a good buying opportunity ? BTC have huge variance and I won't be surprised if january bring us to 8k$ then to 20-30k$ then back to 15k$ again ...the real question in the coming 2 months will be have I to hodl or trade this dime lol
Anyway the forks are coming and bitcoin will have to change in a way or another, the more obvious that have to be implemented are lightning network + bigger blocks(to fight BCH). Then smart contracts to fight ETH of course and maybe some SegWit if there is time for that. I'm not a BTC fanboy, just realistic in the way BTC has to change to stay number 1, my favorite coins that I use and hodl is still LTC :-). All these forks will bring huge variance in the prices, and also make a lot of news, even in the mainstream media, that will also take a lot of money so variance in the prices. 2018 will be a crazy year for cryptos.