For those of you who are unaware of Clif High, he uses a computer program to predict future trends in the market. He is not always right, but when it comes to Crypto Currencies he is usually spot on with his predictions. Below is an updated prediction on the Price surge in Crypto's.
Follow him on Twitter: https://twitter.com/clif_high
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bitcoin is for holding.. ride the waves...
If crypto continues to get adopted it will continue to rise. If some news enters the market it will drop. Its going to drop at some point at the rate it is going. If someone keeps adjusting their predictions often then its not accurate. If you are someone who likes to day/swing or any kind of trading it is good to have a strategy, other wise you are out to sea without a raft. Its not a great idea, in my opinion, to rely on this though. It will drop at some point. But for the time being it is likely to continue, in the long, to go up.
I really do not think that what he does is correct. I remember him saying that bitcoin will be at $ 14.000 at the end of the year. Right now it looks good, but given the chart here I don't think so.
Can you clarify what that means. Sometimes Clif's lingo is a bit hard for me to understand.
Basically there is a 38% of a price drop. In one of his reports he marked this as a higher potential but by the language is program is picking up it possibly might not happen
yeah i remember before the current report he said after 2000+ there will be a 500 pullback, but then in the new report it changed to after 1900 there will be a pullback of up to 500. I know his information changed so I just wanted to be sure. Plus he mentioned the pullback would be quick but never defined that definition. So was 1 day pullback quick? 3 days? Just trying to interpret correctly. I caught the pullback previously nonetheless. Thanks for the clarification!
It's a good thing it's a matter of forseeing the pullback in the first place. Not so much the length of time it takes to play out.
For all that those bots got wrong.... such a weird thing to actually be able to follow. We need to design a program and buy some time on the D-Wave.
So it isnt dropping by much, by his calculations?
Potentially. Granted things can change and 38% is still pretty big, but is looking like we might just get away with a price increase with no correction (a big one)
Well then. Place yourself right and its a wealth increase as well.
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Yeah, I've kinda got hooked on his stuff. Just checked his site but latest webbot report not out yet (just the more expensive crypto/money report)
I've just recently purchased a monthly report off Cliff, The report mainly focuses on these next coming months.
I'm now eagerly waiting, with baited breath to see how accurate his predictions will be. I'll give my analysis in a couple of months