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RE: We are going to see big sell off on bitcoin (I believe)

in #vincentb6 years ago

I think that it may sit and stabilize and may possibly rise a bit up to February 14th but might drop again on that date as the second closure of futures contracts expire with CBOE futures contracts close. Once that occurs, it might be another week of resettling. So I expect that from the 21st ( but I personally believe, from the 1st march) we will see a huge recovery and a major increase in the cryptomarket. So I will be buying as much as I can to improve my position on the coins that I believe in. I also hope by that time Tether and Bitfinex have both been removed by the US Government regulators from the Crypto space and that all the other coin exchanges have tighten up their security procedures to prevent future hacks (over $350 million as been stolen from several exchanges in the last 6 months). This also one of the other reasons the market have taken a dive. I think one of the exchanges last week was hacked to the tune of $50 million. Once this is all cleared up, the prices made return to all time highs! At least this is what I am expecting?