The general prediction for BTC is to go below 6000 USD levels and may even test sub 5000 USD in the short-term. For ETH the prediction is to touch sub 300 USD levels in the short-term.
These are not my predictions! These are the predictions of the technical analysts. See this article below which is a sample of several such predictions.
https://www.dailyfx.com/forex/market_alert/2018/08/08/Bitcoin-Ethereum-Ripple-Analysis-Prices-Slump-amid-Market-Rout.html
It is very possible that against all these predictions BTC can go up in value, but the probability is very less.
Based on this the advice to all our SWAT Coin community members is to possibly shift to USD/EURO or other stable FIAT currencies till the time there is more stability and may be buy back at lower prices when the uptrend starts again.
Be cautious every one!
Trading the Crypto Currency market is highly risky and timing it right is even more difficult.
Please remember this simple rule! (Though I have mentioned it several times, it is always good to repeat this advice!)
Don't ever invest your emergency funds and life time savings in Crypto Currencies or similar speculative investments. You should only put your entertainment money into Cryptos or Stocks or any other similar speculative instruments!
Entertainment money is the money which you have with you, to spend on throwing a party, travelling to a tourist spot for fun or any such entertainment activity. It is that money which even if you do not have, will not affect your normal life!
it is right , because ETF Bitcoin Delay or not approve i think,
but im optimism that bitcoin fly high in last year,
SWATCOIN will follow , and fly high and high
Wayne, SWAT can fly higher even now if some investors book their profits in other coins during this downtrend and invest just 10% of the profits in SWAT!