BTC Reaches $19k – Prediction For 2018

bitcoinfortunebuilder-com-cropped-cryptogoldlogo-515x515-whbg.png
Join Krypto-Gold Switzerland
17. December 2017 09:53 GMT – Starting about 15:00 GMT yesterday, the buy-sell activity in the BTC-USD exchange rate increased markedly. This contributed some stabiity to the price, and this reinforced the earlier increase above $18k. The price increased to above $19k at about 19:15 GMT and stabilised at about $19’300 since about 03:00 GMT. There were some excursions below $19k but also some above $19’500 during this period.

18. December 2017 07:38 GMT – There was a flurry of activity between midnight and 02:30 GMT this morning, and the sellers were stronger. The band of activity is now centered at about $18’800 and is wider than before +/- $500 or so.

19.December 2017 13:28 GMT – For the rest of the day yesterday and overnight, the exchange rate stayed reasonably level – running between $18’800 and $19’000 with very little trading. But at about 09:30 GMT this morning, it appears that a large holding was sold on a scheduled program. There was purchasing as well, also with a planned look (programmed reaction?), and these two programs knocked the price down to as low as about $17’400. It has since recovered to about $18k where it appears to be levelling out, but this is only over a 1 hour span so far.


What’s In The Future for 2018?

Where do we go from here? I expect that the price will approach $20k during the next few days, but I also expect some resistance above $20k. I think there will be a lot of sellers who have set $20k – or a little below or above that – as their sell point and will take their profits before the holidays and the end of the year. For 2018, I expect some additional resistance at the beginning of the year with sellers locking in USD profits for the new year. Within a few weeks I predict a resumption of the strong upward trends that we saw in the last quarter of 2017.

krypto-gold-ch-manual_logo_large-700x200
Click This Banner To Join Krypto-Gold Switzerland

One thought on “BTC Reaches $19k – Prediction For 2018”

  1. Ed. I agree with you in principle, but your examples either are not functioning or are scams. I am now (end of the year) using computta.com but I have no assurance that it also is not a scam, just no negative experience so far.

    Hi cryptofreaks!
    I had much to learn i found my way to mine bitcoins consistently. I started with [nothing but i reinvested every satoshi i pocketed! Now i want to share you how i created my little passive income. Try it … it still works!
    1. To get your first bitcoins use => https://tinyurl.com/ xxx xxx xxx – this address does not work
    2. What you get there put into mining power at => https://tinyurl.com/ xxx xxx xxx … this site appears to be a scam
    3. If you want to get there faster use some faucets like => https://tinyurl.com/ xxx xxx xxx – this site is a scam
    It is easy like that and it worked!

Comments are closed.