Quote from: talkbitcoin on June 06, 2018, 09:12:36 AM

Quote from: Samarkand on June 06, 2018, 07:32:53 AM

Quote from: btcone111 on June 05, 2018, 10:04:48 PM

...
Next leg is $8K
it will only go up from here.
...

If you have ever taken a look at a price chart of Bitcoin, you should
know that the price isn´t following a constant line to the moon.

I´d argue that we haven´t seen the capitulation yet that is
necessary before we can embark on another bull run. The last few weeks
could have just been a bounce before the price goes down to even lower levels
(this could be triggered by a burst of the altcoin/ICO bubble).

this is what i am also afraid of a little.
there is a lot of shit going down in the altcoin market and with all these ICOs making a run for it and all the rest of the bubbles also bursting we are looking at a wild market for as long as the dumpings are not finished.

I'm not really worried about all of those alts crashing, most of my money is in bitcoin, in fact if most alts crashed that will be good news to bitcoin since much of the money invested there is only for speculation and if those thousands of coins did not existed all that money will be on bitcoin.