I'm feeling eased that Bitcoin is falling today by scandinavianlife

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· @scandinavianlife ·
$33.66
I'm feeling eased that Bitcoin is falling today
## Phu..what a day it was yesterday. I half joked about $20,000 before Christmas the day before, but on Gdax it actually almost hit $20,000. $19380 to be exact. 

![Skjermbilde 2017-12-08 kl. 12.21.18.png](https://steemitimages.com/DQmaCkc6LhUxocBKDYyHqnWyvAsmLgtaH61oC6KHMztTEwE/Skjermbilde%202017-12-08%20kl.%2012.21.18.png)

At that point I actually felt that it was too much too fast. I know one should not care so much about muh feelings when dealing with money and numbers. But it just felt uneasy and wrong. I started wondering what kind of money that was pumping it. Sure, it's not a huge market, but to move it like that requires some funding. Could it be investment banks trying to pump it before they start shorting it once the futures market is live later this December? Could this have been a test to see how fast they can pump and dump it?

Who knows. Anyways, it's good to see alts getting back into action - especially Steem and SBD which seems to be holding up good. IOTA is back, EOS is doing good, ETHOS is coming along, Litecoin is over $100 again, and ETH seems to move a little bit. 

Have a great friday everyone, and while Bitcoin is easing off a little bit - I have no doubt in my mind that it will slowly (which means days perhaps a week or so) return to around $20,000USD. And hopefully we will see Alt's gaining a lot the next couple of days! 

This time I'm not joking. I predict $20,000 this Christmas. 

 
 
![Odin approves of this message.png](https://steemitimages.com/DQmSMgHEw53EqFK6pKLSDzR5Rgq3Ku9s5k4j8Ad19GPzA5S/Odin%20approves%20of%20this%20message.png)
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@larryphang ·
$0.22
I will be excited to see your predictable come true by Christmas. Cheers 🍻
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@dandesign86 ·
$0.18
Haha yea before you woke up and bitcoin moved by a few hundreds, now it's more like thousands. I also think this feel like a natural correction that was much needed. 20K for Xmas is definitely in the cards ! Have an awesome weekend :)
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@scandinavianlife ·
$0.80
Thanks! You too buddy! I'm only getting more certain that those crazy predictions of 100k and 1 mill can come through. Of course, THAT should raise some concern..:) but, looking at the fundamentals it makes sense. So what else can you do than hodl?
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@cryptopet ·
Yepp. HODL is the the only way to go!
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@dandesign86 ·
Exactly hodl is the way to go here for sure
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@artz ·
$0.07
We all are waiting for Santa's presents)
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@booster ·
<p>This post has received a 5.20 % upvote from @booster thanks to: @scandinavianlife.</p>
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@shihabieee ·
$0.07
wow good news i waiting for $200000
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@najarramsada ·
$0.07
I think $14000 scale back was expected, good time to buy now. BTC will rise again to $21500 before it dips back to $17500 and slowly climb up again to $19000 towards the end of the year.

These milestone price points will bring out lot of holders in selling their BTCs and we will see lot of sell orders hitting exchanges. Just a minor correction before it moves up again.

However, I do think the next milestone at $20000 milestone ($22000 point for correction) will be harder and we could see the price dip down to $17000.
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@scandinavianlife ·
$0.70
Sounds like a reasonable analysis!
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@stokjockey ·
$0.24
@scandinavianlife I think this is the most FUN I have had since the Internet Dot.com Crazy Days..................
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@scandinavianlife ·
$0.76
Yeah, its been a crazy year indeed :) Personally 2017 has been the best AND worst year in my life. Quite a year to remember :)
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@wakeupworldnews ·
$0.16
im feeling at ease to but would still like it to drop a bit more, its weird in the case of shares im am shattered if  they drop, with bitcoin it is a relief when they drop....
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@scandinavianlife ·
$0.73
I know. It's quite a weird feeling when you just want it to stop and correct. But its just natural I guess. Its the inbuilt thought pattern that "nothing can last forever" "nothing can grow into the sky" etc. History does not always repeat itself. :)
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@th1nkfast ·
$0.14
Yeah, today we will probably see a correction!
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@mawit07 ·
$0.07
These predictions no longer seen so far fetch. I wish I only started investing early. Man if I can turn back time and just by 50 bitcoins five years ago or even just two years ago. Would have been a millionaire. Now I am a poor sap following the herd of wannable bitcoin millionaires. :/
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@scandinavianlife ·
$0.72
Most people didn't. I have ONE friend who bought like 50 Bitcoins really early. He's a dollar millionaire now I think, but only on paper. Still drives an old Toyota. He has no plans of cashing out, and he tells me he will sell a couple at 100K to pay down his mortgage. 

I dont think you will need many Bitcoins to be a millionaire in the future - perhaps only one.
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@cryptopet ·
$0.29
I really agree. 
ItΒ΄s not unlikely at all to be at 20K by end of the year. 

The question now I suppose is how much will the correction be. 
ItΒ΄s gone from top at $17200 to $13900 (Poloniex). Now up again a bit, but I believe the downward has started. I think we might be looking at $11500. 
Maybe all the way down to $10000. But I believe 11.500 is more likely.

Either way. This is just awesome!! And it will go up again :)


And then as you say, pretty quickly back up.
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@scandinavianlife ·
$0.82
It really can..Look at it. Now that looks like a bullish 5 hour IMO. 
[![Skjermbilde_2017-12-08_kl._20.04.39.png](https://s2.postimg.org/cjoxgbzbt/Skjermbilde_2017-12-08_kl._20.04.39.png)](https://postimg.org/image/3oo35taj9/)
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vote details (2)
@cryptopet ·
I agree it looks bullish from here.
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@jaalig ·
Just curious, what are your thoughts on Bitcoin Cash? Do you see it as a viable option in the crypto market, and if so, how would you consider it in you overall financial strategy. Not looking for financial advice, just would like to get a sense of the mood among people knowledgeable on this topic. Thanks.
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@buildawhale ·
<p>This post has received a 4.79 % upvote from @buildawhale thanks to: @scandinavianlife.
Send at least 1 SBD to @buildawhale with a post link in the memo field for a portion of the next vote.</p>

<p>To support our daily curation initiative, please vote on my owner, @themarkymark, as a <a href="https://steemit.com/witness-category/@themarkymark/witness-themarkymark">Steem Witness</a></p>
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