Quote from: ChironRegera on July 16, 2017, 11:57:05 PM

Quote from: CryptoPro3 on July 16, 2017, 11:41:17 PM

Quote from: ChironRegera on July 16, 2017, 11:36:18 PM

Quote from: Nrashid on July 16, 2017, 10:46:07 PM

We hit less than 65B. Any further would trigger a panic sell to a total bloodbath. Is the storm over for now?

We are still weeks away from seeing any kind of bottom.

Based on? No one can predict the market, or say that with any kind of certainty... Most people are sheep, EVERYONE is waiting for this mythical "dip" that's going to occur right before or after August 1. Most people won't get it. Reverse psychology would say that dip could be right now, with the whales accumulating at these low prices while all the sheep wait for Aug 1 only to be disappointed.

Think about it. Everyone who was going to sell/short their coins have most likely already done it by now, thinking they were getting ahead. If there is no one left to sell, how much further can it go? Not very.

My prediction is early this week we will see a brief increase in price, and towards the weekend and the last week of July prices will start to go back down to a little bit lower than current.

The time to buy is NOW and the last week of July or maybe first week of August.

Most people act like sheep but those who are familiar with BTC know that it has proven over and over to shed 40-50% of its value before coming back stronger. History will repeat itself. Prices will keep dropping for now.

Right, and it basically already has decreased 40% from the high of 3000 in June. I see the bottom being $1500-$1600 and for a very brief period of time.