Post
Topic
Board Speculation (Altcoins)
Re: I have a bad feeling about this rally!
by
liuqi
on 03/07/2018, 22:54:36 UTC
I respect everyone wants the market to moon

But

The rally was bot induced

There is no real demand for Bitcoin

If the run up to Bitcoin 6800-7000K FAILS this market will correct with a vengeance and destroy everyone’s hopes and dreams.

Professional traders are not trading in the the 6000-7000K Bitcoin zone: it is extremely dangerous and the intentions of the the bots and whales is unknown!

If Bitcoin is rejected at 6800-7000K the Alts will go down in seconds: The only thing that will save you is a stop loss.

One day the market is bearish the next it is bullish. If the bears come in - OMG!
If you talking in current situation so this is not a valid reason. But suppose know Bitcoin is reached in 15k USD everyone trust this platform. It is decentralized platform so anytime this will going to moon at the same time some big whales plan to reduce the demand may this will raise next month and I hope bitcoin is never fails in future.