Bitcoin is going for correction or will hit new ATH! Are STEEMIT, PEERPLAYS, EOS affected?
cryptojoy.com
Published: 13 Jun 2017 › Updated: 13 Jun 2017
Bitcoin is going for correction or will hit new ATH! Are STEEMIT, PEERPLAYS, EOS affected?
Today we got the first weakness sign from BTC in the last months. From it's new record high of $3015 to as low as $2200 on some exchanges, the BTC price has recovered to 2740 USD zone while writing this post.
There are many voices out there saying: "This is just a pull back. It will continue to go up." and people think that there's potential to make a lot of money here once the price bounces back. Maybe its probablly just a profit pull at a certian price point. Seen it happen before in all other markets.
Maybe investor pull out at certain points to lock in profits. This could be a bigger issue if the market utilization drops too, but we can not see that yet. I think this goes to explain human nature : greed.
The problem is that many coins are coming down!!!! including the Steem
Some people are screaming that it is time to buy more BTC because the price will hit ATH at the end of 2017.
Here are my possible paths for BTC! Please vote for one of them and tell me what do you think will happen!
PREDICTION 1 = OVER 3500 USD/BTC
PREDICTION 2 = SIDEWAYS
How do you think BTC price will affect Steemit, Peerplays and EOS?
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