In my opinion NEO is almost ready to lift off and have a bullish breakout. Because of the upcoming bitcoin fork people sold their altcoins to buy Bitcoin to profit from "free" "Segwit 2x Bitcoin". Some altcoins felt very hard. But NEOhold relatively strong at around 30$.
This shows that people know the huge potential of NEO and did not sold it even for "free" segwit 2x Bitcoin.
My opinion: After or shortly before the fork people will take big advantage of the price of NEO which is about -45% of the ATH. Right now is a very good entry point to buy NEO cheaply. (maybe the best entry point ever again)
After the fork people will probably dump segwit2x or bitcoin and realize, that bitcoin itself has not that technical or development or practical value. There cant be apps or icos or programms made with bitcoin itself.
NEO is a allrounder with big realworld value and a gigantic team behind it. The growth of NEO is almost for sure in the future.
A fact is: The altcoin market is growing much faster than bitcoin. When bitcoin doubles in price the altcoins will tripple or do 5x or 10x. Bitcoins market cap is at 120 BILLION. NEO is at 1.7 Billion. Thats nothing in comparison!!! If only 5 Billion $ from bitcoin flows to NEO you already tripple your investment. And that is not unrealistic if you ask me. Etherium has 30 billion market cap. There is no reason why NEO could not be at least 1/3 of Etherium or even larger than Etherium.
The next weeks will show how NEO will do. If we check the chart we see that NEO's price is at a sticky point and almost ready to make a big step upward and breakout. Very good timed with the bitcoin fork.
This is no professional financial advise. This is just my opinion. Everybody trades on their own risk and responsibility.
If you have any suggestions or opinions let me know what u think of NEO!
have a great week.