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RE: The US Dollar Value Hits Multi-month Lows, as Bitcoin Nears $3000. By Gregory Mannarino

in #bitcoin7 years ago

Just about every major crypto market increase sees a decline. We have recovered from the 90 Billion to below 60 B drop and now have hit the 100 B mark. My guess is that fast increases with huge one or two day drops then quick recoveries will continue for the next few months. Bitcoin I believe will basically follow this same trend. My guess is $3300.00 will then see a drop to 2500.00 then up to the new base of 2800.00 and then on to 3500.00 with a drop to perhaps 28 then a new base of 3000.00 + .... and so on and so forth .... up a few hundred and then a drop and then new base. Just prior to August 1 we might see something crazy if the talk of a fork continues. Exciting :)