Post
Topic
Board Speculation
Re: I think bull run coming soon
by
CyberKuro
on 27/02/2017, 23:57:02 UTC
We've had a significant bull run already so I'm expecting a price drop rather than a bull run to the moon.

i hope your wrong

i hope that too but with the recent price rise and the breaking of the ATH all around, there needs to be some sort of short term drop so everyone can buy back again after they sold their coins for profit.
besides there has been some dumps going on, showing the bull run is over but temporarily.
The dip is inevitable, every rise will cause massive withdrawal and the price will fall down again.
Last time bitcoin price reach $1200, within hours it suddenly drop to $1150 and keep decrease.
Now, people already buy back and wait for SEC decision while others speculate whether winklevoss ETF will approve or not,
I guess SEC team will approve it, rather than thinking they won't and cause another significant decline. We like bitcoin price getting bigger and more valuable right.