BITCOIN price movement has so far seen most of my forecasted price range of:
-Minimum Lows of 2100, achieved
-Minimum Highs of 2500-2700 achieved
But have yet to see the:
-Maximum lows of 2000
-Maximum highs of 2750
Could still see fruition as per the current price movements is indicative of a potential Churn Effect(All within the price forecast for 144hrs)
All factors affecting the Bitcoin movements included are:
- SEGWIT
- bip148
- Global demand/availability
- Global political and social economic growth/crisis factors
- Exchange's capacity/capabilities to meet/service the needs
Fear Of Missing Out (FOMO) & The gaining interest by both Major League Financial Corporate Establishment Controllers, as well as Gubrements seems to likely be the main reason for this unique circumstances.
I strongly foresee that the amounts of physical Fiat being exchanged into the Cryptoverse and being ended up in the Exchanges by the major institutional investors/to be the ***"snowflake that causes the avalanche" (both to the up/down side) to occur. As normal "average Joes and Janes" only have "X" amount of fiat to facilitate the conversions to "Play" and reap the higher returns of this New Transfer of Wealth asset game.
***Highly recommend that one puts in a steep measure of patience and prudence whilst considering the fact that this "is" a waiting game as a long term re-investment & NOT A GET RICH QUICK scheme
watch this space for further developments
preacherofstorms