Hello fellow Steemians!
Possible scenarios of price development, both technical and fundamental.
Technical site
As you all know, BTC reflects support from $ 8,000. Keep in mind, however, that if this strong support for $ 7800 does not last, we will stop in the support zone between $ 6500 and $ 7000. But I do not think BTC support 7800-8000 USD will break through. But the Bull Market will not be until BTC once again exceeds $ 9,000.
Fundamental Page
On May 26, what is called MicroBitcoin Hard-Fork is going to happen on the BTC network, which is a crucial message. MicroBitcoin aims to make Bitcoin watchmakers to use them
Bitcoin to so-called micropatment. It wants to achieve this by offering them a secure and open-source community and ecosystem between users, developers and miners. This will be achieved by Bitcoin Blockchain's Hard Fork.NASDAQ plans to run its own cryptocurrency exchange where people will be able to exchange fiat currencies. It will focus mainly on BTC, LTC, BCC, ETH and two other yet unknown currency (possibly XRP and ADA). If this really happens, it will happen on both the BTC market and the bull market in the altoine markets, as a huge amount of new money will be poured into the crypto market.
The NYSE (New York Stock Exchange) will also develop a trading platform where investors will be able to buy, throw and sell Bitcoins. And do you know at all what's on the NYSE marketcap? NYSE has a market cap worth $ 20 trillion! Just imagine how much money would be poured into the crypto if they really open the BTC trading platform!
GoldmanSachs also plans to launch a trading platform where BTC will be used to trade against fiat currencies (eg USD). GoldmanSachs is the fifth largest US banking company. Its funds for trading are estimated at $ 916 billion.
As you can see, all these giant platforms are planning to launch the BTC trading platform. There is not much time left - BTC probably will not be cheaper.
The Consensus Conference ended yesterday, and the BTC is whaling - it's deliberately dumped to sell us in panic, and the whales can buy cheaply. This may be the last time we see the BTC below $ 10,000. June is coming, now BTC explodes. Whenever he can point to 10k, and when he breaks, we'll go to $ 12,000. It can be fast and can come at any time.
There is also one positive message: The FIFA World Cup starts on June 15 and this year's BTC tickets can be bought for the BTC, which again attracts people's attention.
That's why BTC can fly. It will not take long and we will see the price again somewhere between 15 and 20,000 USD.
Paulinho