Post
Topic
Board Speculation
Re: Looks like $6000 is just another pump and dump
by
pixie85
on 22/10/2017, 19:56:33 UTC
The top is in i guess? lower low downtrend begins!
A correction and taking profits is a bit different from a downtrend. You're mixing up the terminology!
There's no reason for a downtrend now because Bitcoin is still strong, but a correction will surely come after the fork when people sell their Bitcoin Gold and will no longer need to hold as many Bitcoins as they do now. There are still opportunities in altcoins and some of the money may go that way.