Bitcoin price shot up massively to over $9k after the postive news came out from G20 Summit. However, the bull run could not gain volume as FUD from Japan about Binance dropped the price again. Will Bitcoin, the biggest cryptocurrency which has a massive effect on all altcoins, go back to the all time high's or could it drop back down to around $6k? Or will go the the moon? #lambo 馃槀馃槀馃槀
In todays video, we look at current breaking news and technical analysis for Bitcoin. Some of the breaking news of Bitcoin discussed here are Death Cross, MT Gox, Reward Halving, G20 Summit, Lightning Network and Japan's Binance FUD. And finally we look at Bitcoin Prediction analysis for 2018.
Summary
Death Cross If there is not enough volume and price increase soon, death cross could have a massive effect
MT Gox has had an effect. Some people questions whether it directly affected the BTC crash or not, but I think it has at least had an indirect effect
BTC Halving Will increase scarcity which could drive prices up
Lightning Network You would think this would have the biggest effect as this actually improves the technology and could potentially help solve some current world issue. But people seem to care more about speculation unforetunately
For price prdeiction, watch the video to find out :)
What are your thoughts on my Price Prediction for Bitcoin in 2018? Please leave your comments below, I would love to hear your thoughts? Hope you enjoyed the video. If you liked and learnt from it please like, share and subscribe for more awesome content like this video.
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My preferred exchange for altcoins is BINANCE. There are many exchanges that get hacked and do not have high trading volume, so please do your own research before transferring your money to the exchange. If you would like to join binance here is a link https://www.binance.com/?ref=21383919
If you have any questions, please comment below.
Regards,
Rocko
https://twitter.com/RockstarCryto
Disclaimer: I am not a licensed financial advisor! I have done extensive research and I have been investing and trading for a very long time but still this is not financial advise. Be safe, do your own research and dont invest what you can't afford to lose!
