Quote from: Majormax on July 16, 2017, 11:42:34 AM

Quote from: RAJSALLIN on July 16, 2017, 10:52:13 AM

Quote from: Dakustaking76 on July 16, 2017, 09:51:52 AM

Hi guys,

So what to do? Sell low And buy lower? Is the new thing?

Any advice its sinking deeper...

I'd say we are getting close to a bottom. Maybe another $100-$200 down. Then we will move up again at least over a shorter time frame. The big test will be if this is a local bottom or a final bottom were the bull continues.

Disagree. The top is in. ~$3000. It would have been more, but Alts absorbed a lot of the Market Capital on this phase.

The exponential top is crystal clear for anyone to see.

It is just the latest iteration in the adoption curve of BTC and now all Digital Currencies. Look at the long term charts.

The next phase is a fall to around $1000, over the coming months. (Alts will fare much worse).

The next upswing will not be until late 2018-19.

There is NO way this will continue falling without a correction all the way to $1000. We are oversold on almost every time frame except the monthly. Like I wrote we are approaching some kind of a bottom. It could be a brief local bottom where we continue downwards or it could be a final bottom before new ath. Time will tell.