Hello,
i see the chart is going up now, maybe for a short term and go back down, but do you think the new fresh money which can be reinvested from the beggining of Jan ( especially the chinese funds, as the banks release the holden stocks of private investors and companys ) will keep the price maybe back to 20k or even higher?
can you maybe tell me some reasons why it is going up for the future?
btw iam a long term holder ( 3+ years ) and iam not panic selling at all, i just wait for the right moment.
Jan is an unknown at this point. IMO, we werent supposed to get to this price point quite so early in the game, and the choas is reflecting this. I dont know what the fuck happened in 2017 to drive the price so much (we literally had like, 3 major forks that are actually viable LOL). Given how we behaved in 2017, the price increase was totally unjustified. Now we are correcting, to where no one really knows. I call at least a week under 10k, tbh i think it will go lower than that, slowly.
but I will say, will will obviously see far beyond 20k. cant wait for the future