Quote from: joao1973 on July 10, 2017, 05:03:15 PM

Quote from: STT on July 10, 2017, 04:43:24 PM

Uncertainty is not something people buy. People are brave when its a 'sure thing' which leads the market to flip to wild extremes.
A reset to 2000 or so very roughly is still bullish action from my perspective of a few years as weak hands and leverage pulls back. Some sell some buy, overall its still healthy to shake up any presumptions because there is no sure thing. Growth has to be genuine and if bitcoin manages to pull that off and overcome this latest speed bump of protocol change to uncap growth, it'll get five figures most likely

I agree with you this cut is very healthy and I even think that even falling to 1200 would continue to be bullish,

You know what would be more bullish than $1200? $1000. So bullish that.

/s