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RE: BTC - Still in direction of the previous TOP
I agree. Speculation-wise, I don't think two months is long enough for newcomers in December to rebuild their trust on cyptocurrencies. We might shoot past 12k but here may be no large buying volume there and we may go back to sub 10k again. However, I expect more of a sideways action rather than another crash. We may need a very strong positive news before we can break that all time high.
the market being full of idiots keeps it from decisive action. we need to shake them out or we'll go sideways forever, because it's of course the flotsam who are ruining the system. the folks who always buy green and panic at the sight of red should go get a video game, or convert to islam. all the gas now !
trust ??? at this pace, we may pass 20k in september.
bitcoin just bounced the second time, at the lesser of two downtrend lines
haha. You have a point. The reason why Bitcoin price dropped to 6k is that the weak hands are ready to sell their Bitcoin at 6k. If we all think that BTC will never ever drop to zero and this is the future of finance, then we shall say hello to 1 BTC = $1 M soon