Community post
Bitcoin Decision Time
https://www.bitcoin.com/wp-content/uploads/2017/06/usebitcoin-4096x2253.jpg
Bitcoin is going up again today, if it does not take out its previous high it could have a serious pull back. Its hard to know which way Bitcoin will go.
Personally i see it going down first then in its next move most likely taking out 10k. Futures trading should bring some big money in the short run but long term i see futures as being a problem to bitcoins growth as the elites use futures to suppress prices down, a good example being precious metals that are heavily manipulated.
Wishing you good health,wealth and prosperity.
Replies (3)
I think the price will continue to trend up, probably sharply up, as the coming influx of big money investors begin to pour money into the crypto space.
I hope you are right. Bitcoin higher seems to benefit all cryptos. Exciting times.
I've said the same in a few different places but I stick by it and that is, Bitcoin was created after the 2008 financial crises to protect against Wall Street and the big banks, now those very institutions are getting heavily involved. It won't end well.