Post
Topic
Board Speculation
Re: Wtf Guys!?!
by
The Pharmacist
on 22/06/2018, 16:39:22 UTC
I think this is what they call sort of a "dead cat bounce", and the bump we just saw that took the price up to $68XX was just that, a bump in an otherwise downward trend.  It's crazy, because I woke up and looked at bitcoin and we're now at $6181.  That's one hell of a drop in less than a day.

Luckily I'm not an active trader and don't own that much bitcoin.  And this is the main reason why--volatility and unpredictability.  But I imagine there are traders getting their asses handed to them left and right.  Hopefully (lol) bitcoin won't go much lower.  I have my fingers and toes crossed.