Well It's Running Out of Steam,
Bearish Divergences Everywhere.
Reasons for Crash:
1. BTC-E Gone Dark
2. New Rules for Exchanges in US
3. Bitcoin Civil War
4. Uncertainty of Final Successor in Bitcoin Scaling Situation
5. Insecurity of Investment Because of Recent Situation with BTC-E
6. Having Powerful Rivals
7. New Rules for Trading Cryptos
and it goes on and on
Reasons for Bubble:
1. Segwit Which is Already Priced In as this was a Long Time Coming from 2016
2. Scarcity
Bearish Divergences Everywhere.
Reasons for Crash:
1. BTC-E Gone Dark
2. New Rules for Exchanges in US
3. Bitcoin Civil War
4. Uncertainty of Final Successor in Bitcoin Scaling Situation
5. Insecurity of Investment Because of Recent Situation with BTC-E
6. Having Powerful Rivals
7. New Rules for Trading Cryptos
and it goes on and on
Reasons for Bubble:
1. Segwit Which is Already Priced In as this was a Long Time Coming from 2016
2. Scarcity