How awesome is it that Bitcoin dropped? For those of us who ride the ride on the 10k wave, this drop is a great thing.

But...

When will it rise again?

I looked at several charts, hash tables and read from several other well to do prediction makers and drew my own conclusion.

I've been close and I've been way off before. This time though I think I narrowed it down pretty well.

The thing is, for many alt-coin holders, this lowered price on bitcoin has spurred many to sell off a few whale loads of alts to buy in on the lower price of BTC.

This is a normal occurrence whenever bitcoin drops. Which also helps raise the price but takes time to catch up with the unhealthy hash rates.

My prediction for the next 48 hours based on my analysis.

I'm looking at a possible drive up to the middle 9's by 12-5pm EST Tomorrow. Then a drop to the lower 9's with a lingering hold until Friday afternoon.

Around 7-8pm EST Friday, hash rates should have caught up, at least by a good amount in relations to buys. I would call a 10,200 drive starting at 5pm EST and ending by the 7 or 8pm EST time I suggested above.

By midnight on Friday to 1am Saturday, I see bitcoin sitting at 10,600 plus.

Furthermore, by Saturday afternoon we should see a tick up into 11,100 plus.

We shall see. I've been wrong a few times but I believe with all of the flow I watched lately, these upticks should come into play.

Good luck everyone.