As we approach August 1st deadline I am of the view Bitcoin will have turbulent times.
If we have a break below $2,600 I am forecasting to go Short for a handsome 4:1 Risk Reward
Hope this helps.
Kind regards, Sean Vengan
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Litecoin to 100 ? i think yes
Litecoin has had a huge selloff and its very popular so if Bitcoin does fall then Litecoin I expect to rise. BUT that will only be until Bitcoin gets its act together than Bitcoin will rocket in price.
Watch for http://www.btcforkmonitor.info/
Thx for this link - useful info.
The Exchanges know something we dont know (im sure they have inside info). Bittfinex for example have already created wallets for Bitcioin Core and Bitcoin Unlimited. And if you read some of the news the big exchanges are weary. I suspect the Exchanges will close trading Bitcoin for a few days with buyers and sellers being locked out. This will cause some panic, especially as people wil look for an alternative - I think they will jump ship to Litecoin, hence I feel that LTC could rise. If this support on Litecoin holds, now is a good time to buy as risk is very low.