Many people bought Bitcoin to get free B2X coins from the hard fork.
This helped in making Bitcoin reach a new all time high of 7900.00 level.
Now after the cancellation of the hard fork, Traders are trying to short Bitcoin which will cause a dip.
But I don’t expect a massive sell off.
People will use the opportunity to get cheap altcoins.
During the latest Bitcoin rally the altcoins suffered badly, so basically the money is moving back to where it came from.
Now that the segwit2x menace is over,
Bitcoin will most likely take a run-up.
So far the dip isn’t that big as Bitcoin is holding really strong.
Dip around 5825.00 - 6500.00 level is expected then probably will move up to the next bigger resistance levels.
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