Post
Topic
Board Speculation
Re: Pumping phase active now, Dumping phase to come
by
richardsNY
on 14/03/2016, 23:53:52 UTC
Yeah pumping was here, price is 437$ atm, i am afraid that price will go down now, i hope that it wont drop more than by 20$

The price is not going down sooner or later. The bottom is around $370. It will not go below that level.

What makes you think the bottom is at $370? The lowest price this year was slightly above the $350 price level. That is still the real bottom for this year. No matter how small the chances are, the price can always dip below the current bottom of $350 with enough panic in the market.