So far even with the ETF, with the scalability problems and everything else, bitcoin has shown a remarkable resistance. Basically it keeps growing from August 2015 inside an Exponential Channel. The channel has a doubling time of 260 days. Which means that as long as the bitcoins are inside you are doubling your money in 9 months. Except that if you buy when it...
Seems like the idea of a fork with Bitcoin Unlimited has finally been eliminated. And Bitcoin has started growing again over 1030. Still the scalability problem has not been solved. So I would say that bitcoin will go long in the short term and short in the long term . Or in other words, will grow now, until again each transaction will start costing too much to...