I'm following btc for a real long time and I'm autistic so I can predict the price. We are going to shoot up to 600, bounce back to sub 400 and then go to 4k to get dumped to 1k. After that ETF will get launched and all bears will get burned because we will shoot up to 10k.
Take it or leave it.
I LOL'ed at username and statement, however I do not think too far off mark in way it might go.
here are my thoughts, the 2 year bear market has been hard and ridiculously low, pushed down deliberately and lots of hoarding
the news is coming in waves, there has been a heck of a lot of good news, for a long time if we're honest.
I think $600 plus can happen by christmas , maybe before
we may well drop to mid 450+ levels, then 'when' the inevitable moonshot happens , it could be a stairway to heaven, there are a lot more traders involved now, plus professionals, not neckbeards & basement dwellers like half of bitcointalk lol
they are much more ruthless, plus they want to be aking money all the time, not just on epic pumps, daytraders, pro kind
there is also a ton of chinese money going in
to try and put exact dates and prices is like putting a tail on a donkey so i guess no-one can try to be too exact, however when the moonshot comes, I have had this gut feeling that the pattern to $1k, 1200 like last time may look same and many/most from that same period may dump everything as got so badly burned with the epic crashes for past 2 years, falling further and further down just when you can't believe falls lower, goes lower again
touch wood there is no mtgox, willybot scenario this time, but it might be because many will dump out leaving mainly big holder sleft, it catapults after a crash after 1000+ price to moon territory, 2.5k +. new territory
dunno, maybe had too much time to think about this past couple years lol. but I do know this rise is the start of something, it's not a blip, and it may well be there is some VERY big news we do not know about that a select few do. someone huge adopting or accepting, like ebay or google or something. or china coming round and letting banks let customers fund btc purchases or something
one other thing the chinese really are using it to get round capital controls and getting coin out of the country so big buys and sells will be a constant theme
24 hour trading volume for bitcoin in china passed half a billion! other day