(I'm all-in in Bitcoin for the record) I don't want to be a pessimist but I'm kinda going in to that direction.
We all know crypto bled quite bad the past week. Because of bunch of government issues, futures contacts, unconfirmed transactions and what not... We all also know that Bitcoin is neither the fastest nor the safest crpto currency out. The 3rd generation coins are way more in demand and people are in talks of the 4th generation. I'm wondering if BTC will ever see the light of day.
Tether deposited another 400 million USD to BTC, and it's said this is the reason BTC had an upward movement. However, my perspective is a bit blurred and I can't help myself but get more pessimistic about it.
When Bitcoin was around 18k, the only thing that was talked was whether it was the biggest bubble in history or not and (if it is) when it's going to burst. Now that it went up to 20k and went back down to 9k, it looks more of a bubble than not.
I'd like to hear what forum people say.
This is a further prospect of BTC price forecasts. January worked very well:
BTC is USD predictions for June 2018.
In the beginning price at 14448 Dollars. Maximum price $ 14448, minimum price $ 12437. The average for the month $ 13677. Bitcoin price forecast for the end of the month $ 13373, change for June -7.4%.
Bitcoin price prediction for July 2018.
In the beginning price at 13373 Dollars. Maximum price $ 16599, minimum price $ 13373. The average for the month $ 14715. Bitcoin price forecast at the end of the month $ 15513, change for July 16.0%.
BTC is USD predictions for August 2018.
In the beginning price at 15513 Dollars. Maximum price $ 19255, minimum price $ 15513. The average for the month $ 17069. Bitcoin price forecast for the end of the month $ 17995, change for August 16.0%.
Bitcoin price prediction for September 2018.
In the beginning price at 17995 Dollars. Maximum price $ 21265, minimum price $ 17995. The average for the month $ 19282. Bitcoin price forecast for the end of the month $ 19874, change for September 10.4%.
BTC is USD predictions for October 2018.
In the beginning price at 19874 Dollars. Maximum price $ 24668, minimum price $ 19874. The average for the month $ 21868. Bitcoin price forecast at the end of the month $ 23054, change for October 16.0%.