My Crypto Predictions

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With so much instability going on in the Crypto market over the last 3 months, below are my predictions for Crypto over the next 3-6 months.

THIS IS NOT ANY KIND OF ADVICE.

BITCOIN

I see Bitcoin plunging further to around the $6,000 mark before recovering strongly and finishing the end of Financial Year at about $15K.

Ethereum

I See Eth basically keeping pace with Bitcoin, I don't think it'll come out of its shell and create its own waves in the market.

Utility Tokens

Tokens such as Power Ledger, Ethos, Binance, Vice etc will be a more safe zone. I don't think they will be subject to the massive fluctuations, but will generally keep a similar value to Bitcoin.

Steem/SBD

I think steem will return to $1 before climbing out of the Bitcoin envelope. If Steem can deliver what it promises and create the communities, create eco-systems similar to that of Eth it has a very good chance of making its own path.
SBD I think will keep parity with Steem at least in the short term. Its possible that if it goes back to $1 it'll be manipulated towards staying there but I really don't think Steem INC really have the desire or manpower to seriously address this issue.

ICO's

I don't think we will have as many ICO's popping up on the market over the next 3-6 Months. Investors are a bit more wary, as well as a bit more savvy. Those that do come up are more than likely to be good projects, but quite possibly less chance of making the massive gains as compared to last year.

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