Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Torque
on 26/06/2017, 12:56:20 UTC
i was scared when i saw the btc price going down today. then i checked this:

https://www.coingecko.com/de

all crypto is going down. this turbulence will drag btc with it, but only due to some weak hands panicking.

so nothing to worry.

bitcoin will keep rising.

Well whenever bitcoin's value decreases, the alts get a decrease too, and that's what happening right now.

As some alts trade back into btc, the alts will fall faster and bitcoin will have a more soft descent. Bitcoin's dominance % should rise some.

But whale traders will mostly trade btc back to fiat ( because they're smucks, lol). Look at the total crypto market cap. The whole sector is down. About $15B has been wiped off the top already.