Quote from: Herbert2020 on June 30, 2018, 05:14:08 AM

Quote from: udayantha11 on June 30, 2018, 05:06:43 AM

= most are predicting 5000$ is bitcoin lower so ready for it.

a lot of people are "predicting" a lot of weird shit. if you want to believe whatever others are saying then you will end up with your pockets empty. there are a lot of others saying price will fall to $3000. there are a lot of others saying it will fall down to $1000. and there are a lot of others saying it will rise to $10k,.... and so on.

Quote from: udayantha11 on June 30, 2018, 05:06:43 AM

=accumulation period also now

it can not be both an accumulation phase and a bull trap at the same time!!!

for most altcoins this most probably IS a bull trap because they are still at least another 40-50% above their real value and they need to go down before the dumping ends.

This does look like a bull trap, but this market is so volatile and complicated which is why it is tough to predict what will happen in the future. I strongly feel that Bitcoin will rise back up to $10k in August, but I could be completely wrong since this year has mostly been unfavorable for cryptocurrencies so far. No matter what happens, HODLING seems to be the better scenario at present. Lets see what happens.