Quote from: BillyBobZorton on May 25, 2017, 05:57:07 PM

Quote from: SwagGirl on May 25, 2017, 05:45:19 PM

Could be this!

http://www.cnbc.com/2017/05/25/bitcoin-price-correction-record-high.html

It could be anything. There will always be idiots reacting to the media and panic selling at the smallest sign of a correction. It takes 1 whale to panic sell, then a bunch of idiots see news like these during in a $100 correction, which as a result creates a panic selling period. It doesn't matter, the market will recover, and we'll see soon once again people that were on the fence on jumping in, crying about not having bought the dip.

No one is sure what is going to happen. Some says it will go past 5000$ and some says it will move back to 1500$ as soon as market faced a panic sell. But then if it dumps, investors going to buy cheap again and pump it to gain profit. This thing will keep on going like this and only a mature mind will survive this game and wont sell at loss and wont miss a profit opportunity.