have my eye on Bitshares rising about that much or more.
Everyone has their favorites and personal reasons.
Mine are:
Significant developments and news to be announced imminently
Technical Analysis extremely bullish. I follow haejin and he’s right a lot more than he’s wrong.
Past history and current trajectory suggests matching to reach previous Satoshi highs of about 17K which is 4X+ from here.
Bitshares (BTS) Update: VERTICAL PRICE MOVE...IMMINENT!! By Haejin on Steemit
This is just one of the recent reports. If you read his blog you’ll find other excellent reports on BTS analysis. It’s going way higher.
Fundamentally I don’t invest just to find short term wins, I look for ideas and products that solve unique problems and are market makers.
Bitshares is just now starting to gain market adoption and it’s showing a significant increase. One example is this graph which represents pegged Chinese Yet asset in just the past 7 days.
Those assets are directly tied to Bitshares. Based on that trajectory you can guess where we might head from here. They aren’t a 1:1 correlation but for all the money locked up in BitAssets they hold up shares which can’t be bought or sold which reduces those shares in circulation which causes a jump in overall price.
Lather rinse repeat.