Hey hey hey, i am coming back on track with my little blog. I didn't write for a year because i was busy in spending my millions from crypto:) I am joking of course, but when i logged in to my Steemit account, i saw that i have 200 followers. It is nice! Thank you!
So, let's go to the next my topic about next bull run. Crypto adoption is really fast and in more than 1 year period the changes are huge. Many retailers are accepting crypto, many new and old businesses are related with crypto. So, we came form zero to hero - the world is changing and i see it.
Now, about the common price. The NOW price is the most important for speculators, but not for the businesses creators or solid persons who thinks about the future. If you are in crypto because of the price of cryptos - go away (unless you are the successful trader). The most important thing of cryptos is the independence and money freedom, of course the price is important, but not for the reason you will become a billionaire. Society must build their own money, we have to create our own money - we don't know how it will go, but we hope we will become independent from banks, governments, countries etc. It will cost lots of our money, efforts, governments and daddies with suits will fight against freedom and nobody knows who will win.
Of course, everybody, also me, likes to speculate (buy or sell cryptos) and earn some money from ups and downs. So in this perspective - the NOW price for me as for speculator is important.
My guess about the price of BTC. In the next 2-4 weeks (until October 10th) i see BTC price around $6800 and then the market will decide we will go up to XX thousands or to X thousand. I think that the price will go up and will rebound from this bottom where we are at the moment. But this is just my guess, nobody knows where the price will go, what will be the situation with press, news etc. Major news sources, TA professionals are telling that we will see new lows, but this time i think opposite.
Don't trust anybody, just yourself. If you think that someone will tell you that the price will go up, you buy it, and you earned x10 money - don't believe in these stories. You have to be in this business and feel the situation, analyze charts, news, also don't forget to control the risks.
My BTC price prediction is optimistic and i think that the bull run is coming. What do you think about the situation, are we going down, flat or up?