Review September and Forecast October - Cryptocurrency
I want to talk today about what I expect in the crypto currency market for October. As we had a strong fall at the beginning of September thanks to China and others, I expect a good rise for October. BUT if BTC falls, it's all over the board. But I think that the Segwith 2x update will go well and will blow up the price.
STEEM started in September with the price: $1.54/STEEM an acceptable price at the moment. Now we're at $1.41/STEEM, not too much different, though. But the low was $0.84 in September!
I expect STEEM mid/end october at $2.50.
Oh dear NEO. September was very strenuous for all NEO investors, as well as for me! Neo started to fall already in the middle/end of August, that lasted until recently. Currently we are at $30/NEO, which is a bit too low for NEO. It deserves higher prices. September's low was $12/NEO! Wow!
I expect NEO mid/end of October at $45-50.
Bitcoin is a difficult subject at the moment. A lot of people say "Bitcoin is a bubble, we are in the "back to normal"-phase and after that it goes down quickly" some say again " At the end of 2017 we will reach a new ATH for the Bitcoin"!
Bitcoin reached his ATH at the beginning of September with almost $5000/BTC. This is really incredible! Unfortunately, it went down to the $2450 quickly! At the moment the bitcoin is struggling with important resistance lines, as soon as the $4250 and the $4500 are over, we can cautiously claim that it is no bubble.
I expect Bitcoin mid/end of October at $4750.