Where do you think BTC will go from here. Predictions for next week? Anyone?
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Where do you think BTC will go from here. Predictions for next week? Anyone?
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Well I have some BTC but I feel like it will drop back towards 40k or so. If there is still enough buyers, then I think we can reach 60k or 65k. However if it loses 40k, I can see us dropping back to 35k or 30k. Depends on how many buyers are there at the support levels because miners only have so much stock available to dump.
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I'd be happy to see that happen, honestly. Don't know how much chance there's for that to happen, I guess we wait and see.
That would be even better.
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I think that so many people are turning bearish that it just may shock everyone and go straight back towards $60,000. Eth on the other hand is looking bad to me, it took a while but I think the fees are going to crush it!
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Ethereum is certaily a head scratcher. Who know what is going to keep that one up. It has not performed well the last week but it could be temporary.
I wonder if the larger buyers are still looking at it as an alternative to Bitcoin. There is no reason for them to be concerned with transaction fees since they tend to identify with the large buyers.
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My main vehicle in BTC right now is GBTC.
I see it dropping this week. Not only is Bitcoin pulling back but the premium on GBTC is now negative.
It will continue to do so for a while.
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