New record highs! How soon for the lows and how low will it go!?

in #bitcoin7 years ago

Greetings fellow steemrollers and supersteemers! OGC.KING back to talk what else but..... BITCOIN BABY!!

how great was it to wake up this morning to see a 700$ jump from the day before and hitting a new high of over 7250! The rapid increase in the amount that bitcoin goes up is nothing short of incredible to see and be apart of. There is no hitter time to be alive than right now and be apart of the greatest equal opportunity investment that is cryptocurrency. So what's next to finish out the year? Will bitcoin continue to 8k Or more before we see a significant sell off? Or does it fall sooner than 7500 and and under 5k before it hits a support line. And what will happen as we begin the new year and head into tax season?

My opinion is that it will most likely push to right under 8k, something like 7849-7959 and then we will see a sell off which will create the typical panic fudding and will get bitcoin down to around 5300-5400 before leveling add and start to climb steady towards 10k, hitting over 8k but under 9k before the years end and into January.

Anyone's guess is as good as mine so let's hear your thoughts and opinions about the topic. The only thing I know for sure is that when it does fall, be sure to buy buy buy all the btc you can afford! Comment your thoughts and upvote! Let's get this discussion started! G

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