Hey Steemians,
Sorry for not being a good Steemian. I have been keeping up with my facebook page and twitter accounts but that is only because I can post VERY fast from my apps on my iPhone.
I just need to let you all know that I believe we are in for an approx 60ish% drop in BTC (to 1200-1600) to over the next 6 months or more.
I also think this recent rally is what traders call a "bear trap". Meaning many will get back in and get caught in the next drop. I can see another one of these traps happening the week of JULY 21st and then another around AUGUST 1st (this will be the biggest one that tricks the most people). Finally, I think we will see one in SEPTEMBER followed by the finally doomsday crash between OCTOBER and NOVEMBER sometime (this is when the HARD FORK will happen).
I recommend that all users evaluate their holdings, determine their risk tolerance, and plan accordingly.
We can all buy back in on the Bitcoin of our choosing when this all stabilizes and we are ready to build Lightning on Segwit (which will be both chains ironically...why? because the real reason for all of this drama, I believe, is the disabling of ASIC miners).
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