Guys, anyone who is trying to predict BTC right now is going to be on the hot seat! I think Alex did a great job charting BTC the other day and the possibilities of where it could go. One scenario we have, is that BTC has already corrected back to the $5500 levels, where we may see another run up to $10,000. However some would argue that the drop to those $5000 levels last week was a result of the BCH (Bitcoin Cash) run. If you were to ask me right now where I think BTC is going, I don’t think myself or anyone else could tell you. However, that doesn’t mean we don’t have indicators as to what behavior might take place. The market indicators are both positive and negative. On one hand there are indications we will reach the $10,000 range; and on the other we have some indicators that BTC may drop to the $5200 levels again, as predicted previously, essentially similar patterns to what we saw last week with the BCH run. Now, let’s take a look at why I feel BTC has the potential to ...