Bitcoin Forum

Crypto Analytics Rates BTC as a BUY!

Full Opinion and findings along with Target Price

http://cryptoanalytics.trade
http://cryptoanalytics.trade/btc/

It's good click-bate, but lame analysis. I mean ALL analysts are making things up, but at least it looks like they did some real maths to come up with the numbers they publish.

What was their prediction when BTC was struggling to stay above $400 and everyone was listening to China?
That "rating" might be a better indication of their trading skills.

They said target price 6 months, 850 usd, im sure that if the price goes to that point it will continue to much more, .

Not very exciting at all, but still serious profits if you are holding a good amount of BTC

That's +37% from current levels and 88 APR. I'm sure most conventional investors would be very happy with that.

doubling your money in less than a year? yeah, boring, you can get it practically anywhere. and that's a very bearish outlook ;)

I'm sure the rating is no surprise. I have been rating equities, and currencies for many years at my brick and mortar company.
I just started rating crypto currencies and made the website.
most of this thread is off subject making me the subject rather than the currencies.

BTC BUY
LTC SELL

Crypto Analytics

Here's the thing... 85% of the users here will say that it is the time to buy 100% of the time (no matter what the price is currently at)

It is. Anything below 1k is cheap. I have been saying that since we dropped below it and am sticking to my story. Additionally, anything below 1500 is a decent buy.

Could be, but that is a bit too ballsy for my blood. I'd say it is relatively cheap right now though and largely being held down by manipulators. I'm buying now... around $1,000 I'll reassess.

Cheap if you are looking at it long term obviously.  It is very possible that we don't see $1,000 for a good amount of time again...

Timeframe is irrelevant to me. I'm an investor, not a trader. I will start selling around 2k at the earliest using the SSS plan as a framework and I think 1500 is likely to be around the next bottom, so anything below that is acceptable. And in fact, the longer it takes the better.

i agree with both. and i agree the price is being held down artificially, i believe its being done so large players can better position themselves

Again? well bitcoin price has not been stagnant for more than one year historically, in fact for more than a few months, so we already seen alot of time since last rally.

I think it's definitely a time to buy.

Can you name any other investment with higher return?

Any penny stock...  Although the risk is way higher with the penny stock.

Only buy when there is blood on the street.

Everyone is hopeful and cheerful, may be it is good time to short.

That is not a very high price to be speculating. I think it's more like $4000-$6500

See here why:

https://bitcointalk.org/index.php?topic=686745.0 (https://bitcointalk.org/index.php?topic=686745.0)

If it is that easy to get up to 4k-5k value, everyone would be buying it right now and there won't be seller below that price.

BTC could reach $1000 but the end of year but 4.5k or more seems unlikely.

You would be surprised, but the world consists of mostly stupid people that always do stupid, irrational things. Try and change that.

Crypto Analytics reiterates its BUY rating for BTC

http://cryptoanalytics.trade/btc/
@cryptoanalytic