Just had a look at: https://coinmarketcap.com/charts/ and I when I look at the log scale over two years then I think it will wave its way back up. But at the end of the day anybody can be wrong or right in their speculation.
There is a relative low 24 trade volume, so I do not know what to make of that right now.
I'm following this account for some time now, the TA in his posts is pretty accurate so far...
Take a look, you might like it;
https://steemit.com/bitcoin/@ew-and-patterns/important-btc-update-21-09-17-why-you-should-hope-for-a-fast-freefall
Thanks for the link. The speculation is based purely on patterns, as I read it. Will just HODL for the time being.
Glad I did buy some zCash recently though. ;-)
Just had a look at: https://coinmarketcap.com/charts/ and I when I look at the log scale over two years then I think it will wave its way back up. But at the end of the day anybody can be wrong or right in their speculation.
There is a relative low 24 trade volume, so I do not know what to make of that right now.
So I HODL for the time being.
Holding is by far the best option for now for sure! But when we want to pick up some cheap coins, TA is usefull!