Quote from: TTITA on April 26, 2018, 09:11:14 PM

Quote from: dothebeats on April 26, 2018, 08:01:18 PM

Only the newbies and those who are week-old investors are wanting the price to rise unrelentingly. The rise from $6500 to $9600 in just over a week is surprising and at the same time, worrying. It could be a bull trap or some fake pump for all we know, but luckily the price held and has continued to do so for a couple days now. A much needed correction had already been expected by most traders. This is nothing new; it just resets the market for a bit before we take any direction from there, which is good. $20k is surely achievable, though I don't see it happening this month ir even the next ciming months.

Everything is only based on greedy only, I agree if this is like a fake pump, because if there is a fake pump then when there is correction will occur panic selling and make the market bleeding again.

What fake pump? Fake pump cannot last for a week. We witnessed the price rose from $6500-$9500 in weeks not days. So I wouldn't call it a fake pump but rather people really putting cash in the ecosystem. And now it went above $9K again, after the daily traders take their profits.

As for newbies, its gonna be a hard lessons for them, yes they may have seen the bearish market for more than 3 months and that is too much for them. I'm sure that there will be another attempt to break the $10K barrier but I don't think we can do it at the end of the month. Probably 1st week of May will be a good start to finally see the price getting on the 5 digit mark.