Bitcoin Price is down: Why

in #bitcoin7 years ago

Market has faced panic moves because of the NEWS of Segwit and Hard fork/Soft Fork

There are 90% Chances of Segwit being activated.

Date for Segwit Activation: Meetings starting on 14 July 2017 and it will be finalised on 1 August 2017.

Impact of Segwit: Bitcoin price can go up to $4,000 in coming 2 months.

Bitcoin Price Predication: It can go further down to ($2,000 to $2100).

If it goes further down , next stable point will be around ($1800).

Stay tuned for more updates.

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What are these predictions based off of?