Christmas - wonderful time.Santa brings gifts,everyone is happy.These days all dreams come true.Will the main dream of all crypto traders come true - BTC for 20 00$?
"Bitcoin-rocket" is gaining speed
Rate is approaching to 17 000 $ with confidence.A few days ago it reached this price,but didn't stayed there.Will there be enough power to overcome 20 000$ by Christmas.Over the past few weeks BTC rise by 2 times (from 8000$ to 16 000$) and it creates a feeling that this is not the end.
The Creator of McAfee predicts the rise of bitcoin to $1 million by 2020. And if not - he will eat your dick. I'm not kidding.Check his Twitter.
What to do?
Buy and wait.BTC will overcome the 20 000$ and maybe it will be very soon. It's even possible that we celebrate it at this Christmas.Successful holidays!
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Considering that as bitcoin grows we are observing in last days
Increasing volatility (a lot of "weak hands" are entering into Bitcoin market: those people are trend-follower that increase price spikes
Higher fees (fees are calculated in bitcoin, not in fiat value, so if bitcoin value grows fees grow too)
I believe that using bitcoin as money will continue to became harder day by day. This is creating really big problem in bitcoin network (average fee for transation is over $20) and is giving a great advantage to greak competitors (for example, Litecoin and Bitcoin Cash).
This is a small example of consequences, situation is really worsening.
So, in my opinion, in the second half of december we will not see huge rally of bitcoin. Probably, we will see a great price increase in Litecoin and Bitcoin Cash before Christmas.
In your letter to Santa Klaus, i suggest to ask for these coins!